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On the Optimality of a Dominant Unit of Account

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  • Martin Schneider

    (Stanford)

  • Matthias Doepke

    (Northwestern)

Abstract

account when there is aggregate price-level uncertainty.

Suggested Citation

  • Martin Schneider & Matthias Doepke, 2010. "On the Optimality of a Dominant Unit of Account," 2010 Meeting Papers 1234, Society for Economic Dynamics.
    • Handle: RePEc:red:sed010:1234
    as

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    References listed on IDEAS

    as
    1. Duffie Darrell & Rahi Rohit, 1995. "Financial Market Innovation and Security Design: An Introduction," Journal of Economic Theory, Elsevier, vol. 65(1), pages 1-42, February.
    2. Pesendorfer Wolfgang, 1995. "Financial Innovation in a General Equilibrium Model," Journal of Economic Theory, Elsevier, vol. 65(1), pages 79-116, February.
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