Viewpoint: A microfoundation of monetary economics

Research output: Contribution to journalReview article

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Abstract

In this lecture, I explain what the microfoundations of money are about and why they are necessary for monetary economics. Then, I review recent developments of a particular microfoundation of money, commonly known as the search theory of money. Finally, I outline some unresolved issues.

Original languageEnglish (US)
Pages (from-to)643-688
Number of pages46
JournalCanadian Journal of Economics
Volume39
Issue number3
DOIs
StatePublished - Aug 1 2006

All Science Journal Classification (ASJC) codes

  • Economics and Econometrics

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