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Money, nonconvex preferences, and the existence of equilibrium: a note

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  • Bruce Smith

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  • Bruce Smith, 1983. "Money, nonconvex preferences, and the existence of equilibrium: a note," Working Papers 218, Federal Reserve Bank of Minneapolis.
    • Handle: RePEc:fip:fedmwp:218
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    References listed on IDEAS

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    1. Merton H. Miller & Daniel Orr, 1966. "A Model of the Demand for Money by Firms," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 80(3), pages 413-435.
    2. Paul A. Samuelson, 1958. "An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money," Journal of Political Economy, University of Chicago Press, vol. 66(6), pages 467-467.
    3. Balasko, Yves & Cass, David & Shell, Karl, 1980. "Existence of competitive equilibrium in a general overlapping-generations model," Journal of Economic Theory, Elsevier, vol. 23(3), pages 307-322, December.
    4. William J. Baumol, 1952. "The Transactions Demand for Cash: An Inventory Theoretic Approach," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 66(4), pages 545-556.
    5. Bruce Smith, 1986. "Limited Information, Money, and Competitive Equilibrium," Canadian Journal of Economics, Canadian Economics Association, vol. 19(4), pages 780-797, November.
    6. Balasko, Yves & Shell, Karl, 1980. "The overlapping-generations model, I: The case of pure exchange without money," Journal of Economic Theory, Elsevier, vol. 23(3), pages 281-306, December.
    7. Kurz, Mordecai, 1974. "Equilibrium with transaction cost and money in a single market exchange economy," Journal of Economic Theory, Elsevier, vol. 7(4), pages 418-452, April.
    8. Walter Perrin Heller & Ross M. Starr, 1976. "Equilibrium with Non-convex Transactions Costs: Monetary and Non-monetary Economies," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 43(2), pages 195-215.
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