create a website

Money, inflation tax, and trading behavior: Theory and laboratory experiments. (2025). Babutsidze, Zakaria ; Bonetto, Federico ; Iacopetta, Maurizio ; Hanaki, Nobuyuki.
In: Journal of Economic Dynamics and Control.
RePEc:eee:dyncon:v:170:y:2025:i:c:s0165188924002239.

Full description at Econpapers || Download paper

Cited: 0

Citations received by this document

Cites: 48

References cited by this document

Cocites: 50

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

    This document has not been cited yet.

References

References cited by this document

  1. Albanesi, S. Inflation and inequality. 2007 J. Monet. Econ.. 54 1088-1114

  2. Anbarci, N. ; Dutu, R. ; Feltovich, S. Inflation tax in the lab: a theoretical and experimental study of competitive search equilibrium with inflation. 2015 J. Econ. Dyn. Control. 61 17-33

  3. Araujo, L. Social norms and money. 2004 J. Monet. Econ.. 51 241-256

  4. Assenza, T. ; Heemeijer, P. ; Hommes, C. ; Massaro, D. Managing self-organization of expectations through monetary policy: a macro experiment. 2021 J. Monet. Econ.. 117 170-186

  5. Bailey, M.J. The welfare cost of inflationary finance. 1956 J. Polit. Econ.. 64 93-110
    Paper not yet in RePEc: Add citation now
  6. Bonetto, F. ; Iacopetta, M. A dynamic analysis of Nash equilibria in search models with fiat money. 2019 J. Math. Econ.. 84 207-224

  7. Camera, G. ; Casari, M. The coordination value of monetary exchange: experimental evidence. 2014 Am. Econ. J. Microecon.. 6 290-314

  8. Camera, G. ; Noussair, C. ; Tucker, S. Rate-of-return dominance and efficiency in an experimental economy. 2003 Econ. Theory. 22 629-660

  9. Cavalcanti, R. ; Wallace, N. Inside and outside Money as alternative media of exchange. 1999 J. Money Credit Bank.. 31 443-457

  10. Chiu, J. ; Molico, M. Liquidity, redistribution, and the welfare cost of inflation. 2010 J. Monet. Econ.. 57 428-438

  11. Coibion, O. ; Gorodnichenko, Y. ; Kueng, L. ; Silvia, J. Innocent bystanders? Monetary policy and inequality. 2017 J. Monet. Econ.. 88 70-89

  12. Cooley, T.F. ; Hansen, G.D. The Inflation tax in a real business cycle model. 1989 Am. Econ. Rev.. 79 733-748

  13. Devore, J.L. Probability & Statistics for Engineering and the Sciences. 2010 Brooks/Cole:
    Paper not yet in RePEc: Add citation now
  14. Ding, S. ; Puzzello, D. Legal restrictions and international currencies: an experimental approach. 2020 J. Int. Econ.. 126 -

  15. Doepke, M. ; Schneider, M. Inflation and the redistribution of nominal wealth. 2006 J. Polit. Econ.. 114 1069-1097

  16. Duffie, N. ; Gârleanu, ; Pederson, L. Over-the-counter markets. 2005 Econometrica. 73 1815-1847

  17. Duffy, J. . 2016 En : Kagel, J.H. ; Roth, A.E. Macroeconomics: A Survey of Laboratory Research. Princeton University Press:
    Paper not yet in RePEc: Add citation now
  18. Duffy, J. Learning to speculate: experiments with artificial and real agents. 2001 J. Econ. Dyn. Control. 25 295-319

  19. Duffy, J. ; Ochs, J. Emergence of money as a medium of exchange: an experimental study. 1999 Am. Econ. Rev.. 89 847-877

  20. Duffy, J. ; Ochs, J. Intrinsically worthless objects as media of exchange: experimental evidence. 2002 Int. Econ. Rev.. 43 637-674

  21. Duffy, J. ; Puzzello, D. Gift exchange versus monetary exchange: theory and evidence. 2014 Am. Econ. Rev.. 104 1735-1776

  22. Duffy, J. ; Puzzello, D. The Friedman rule: experimental evidence. 2022 Int. Econ. Rev.. 63 671-698

  23. Feldman, M. ; Gilles, C. An expository note on individual risk without aggregate uncertainty. 1985 J. Econ. Theory. 35 26-32

  24. Fischbacher, U. z-Tree: Zurich toolbox for ready-made economic experiments. 2007 Exp. Econ.. 10 171-178

  25. Fréchette, G.R. ; Yuksel, S. Infinitely repeated games in the laboratory: four perspectives on discounting and random termination. 2017 Exp. Econ.. 20 279-308

  26. Friedman, M. The optimal quantity of money and other essays. 1969 Aldine. -
    Paper not yet in RePEc: Add citation now
  27. Hommes, C. Behavioral and experimental macroeconomics and policy analysis: a complex systems approach. 2021 J. Econ. Lit.. 59 149-219

  28. Iacopetta, M. The emergence of money: a dynamic analysis. 2019 Macroecon. Dyn.. 23 2573-2596

  29. Jiang, J.H. ; Norman, P. ; Puzzello, D. ; Sultanum, B. ; Wright, R. Is money essential: an experimental approach. 2024 J. Polit. Econ.. 132 -

  30. Jiang, J.H. ; Puzzello, D. ; Zhang, C. Inflation and welfare in the laboratory. 2023 Eur. Econ. Rev.. 152 -

  31. Jiang, J.H. ; Zhang, C. Competing currencies in the laboratory. 2018 J. Econ. Behav. Organ.. 184 253-280

  32. Judd, K.L. The law of large numbers with a continuum of IID random variables. 1985 J. Econ. Theory. 35 19-25

  33. Kehoe, T. ; Levine, D. Debt-constrained asset markets. 1993 Rev. Econ. Stud.. 60 865-888

  34. Khan, M.A. ; Qiao, L. ; Rath, K.P. ; Sun, Y. Modeling large societies: why countable additivity is necessary. 2020 J. Econ. Theory. 189 -

  35. Kiyotaki, N. ; Wright, R. A contribution to the pure theory of money. 1991 J. Econ. Theory. 53 215-235

  36. Kiyotaki, N. ; Wright, R. On money as a medium of exchange. 1989 J. Polit. Econ.. 97 927-954

  37. Kocherlakota, Money is memory. 1998 J. Econ. Theory. 81 232-251
    Paper not yet in RePEc: Add citation now
  38. Kurlat, P. Deposit spreads and the welfare cost of inflation. 2019 J. Monet. Econ.. 106 78-93

  39. Lagos, R. ; Rocheteau, G. Inflation, output, and welfare. 2005 Int. Econ. Rev.. 46 495-522

  40. Lagos, R. ; Wright, R. A unified framework for monetary theory and policy analysis. 2005 J. Polit. Econ.. 113 463-484

  41. Li, V. Inventory accumulation in a search-based monetary economy. 1994 J. Monet. Econ.. 34 511-536

  42. Li, V. The optimal taxation of fiat money in search equilibrium. 1995 Int. Econ. Rev.. 36 927-942

  43. Lucas, R. Models of Business Cycles. 1987 Basil Blackwell: New York
    Paper not yet in RePEc: Add citation now
  44. Lucas, R.E. Inflation and welfare. 2000 Econometrica. 68 247-274

  45. Moffatt, P.G. Experimentrics: Econometrics for Experimental Economics. 2016 Palgrave Macmillan: London
    Paper not yet in RePEc: Add citation now
  46. Molico, M. The distribution of money and prices in search equilibrium. 2006 Int. Econ. Rev.. 47 701-722

  47. Rietz, J. Secondary currency acceptance: experimental evidence with a dual currency search model. 2019 J. Econ. Behav. Organ.. 166 403-431

  48. Rocheteau, G. ; Wright, R. Money in search equilibrium, in competitive equilibrium, and in competitive search equilibrium. 2005 Econometrica. 73 175-202

Cocites

Documents in RePEc which have cited the same bibliography

  1. Finance, globalisation, technology and inequality: Do nonlinearities matter?. (2021). Lanzafame, Matteo ; Gravina, Antonio Francesco.
    In: Economic Modelling.
    RePEc:eee:ecmode:v:96:y:2021:i:c:p:96-110.

    Full description at Econpapers || Download paper

  2. Reallocating Public Spending to Reduce Income Inequality: Can It Work?. (2019). Kinda, Tidiane ; Doumbia, Djeneba.
    In: IMF Working Papers.
    RePEc:imf:imfwpa:2019/188.

    Full description at Econpapers || Download paper

  3. The impact of health worker migration on development dynamics: evidence of wealth effects from Africa. (2014). Asongu, Simplice.
    In: The European Journal of Health Economics.
    RePEc:spr:eujhec:v:15:y:2014:i:2:p:187-201.

    Full description at Econpapers || Download paper

  4. Does income inequality contribute to credit cycles?. (2014). Malinen, Tuomas.
    In: MPRA Paper.
    RePEc:pra:mprapa:52831.

    Full description at Econpapers || Download paper

  5. Conflict inflation and delayed stabilization. (2014). Seghezza, Elena ; Morelli, Pierluigi.
    In: Journal of Macroeconomics.
    RePEc:eee:jmacro:v:39:y:2014:i:pa:p:171-184.

    Full description at Econpapers || Download paper

  6. Household risk management and actual mortgage choice in the euro area. (2014). Ziegelmeyer, Michael ; Ehrmann, Michael.
    In: Working Paper Series.
    RePEc:ecb:ecbwps:20141631.

    Full description at Econpapers || Download paper

  7. How does unconventional monetary policy affect inequality? Evidence from Japan. (2014). Frost, Jon.
    In: Working Papers.
    RePEc:dnb:dnbwpp:423.

    Full description at Econpapers || Download paper

  8. Household Risk Management and Actual Mortgage Choice in the Euro Area. (2014). Ziegelmeyer, Michael ; Ehrmann, Michael.
    In: BCL working papers.
    RePEc:bcl:bclwop:bclwp084.

    Full description at Econpapers || Download paper

  9. Household Risk Management and Actual Mortgage Choice in the Euro Area. (2014). Ziegelmeyer, Michael ; Ehrmann, Michael.
    In: Staff Working Papers.
    RePEc:bca:bocawp:14-1.

    Full description at Econpapers || Download paper

  10. How do institutions matter in the income-equalizing effect of mobile phone penetration?. (2013). Asongu, Simplice.
    In: MPRA Paper.
    RePEc:pra:mprapa:52208.

    Full description at Econpapers || Download paper

  11. The impact of mobile phone penetration on African inequality. (2013). Asongu, Simplice.
    In: MPRA Paper.
    RePEc:pra:mprapa:46041.

    Full description at Econpapers || Download paper

  12. Mobile banking and mobile phone penetration: which is more pro-poor in Africa?. (2013). Asongu, Simplice.
    In: Working Papers of the African Governance and Development Institute..
    RePEc:agd:wpaper:13/033.

    Full description at Econpapers || Download paper

  13. How do institutions matter in the income-equalizing effect of mobile phone penetration?. (2013). Asongu, Simplice.
    In: Working Papers of the African Governance and Development Institute..
    RePEc:agd:wpaper:13/027.

    Full description at Econpapers || Download paper

  14. The impact of mobile phone penetration on African inequality. (2013). Asongu, Simplice.
    In: Working Papers of the African Governance and Development Institute..
    RePEc:agd:wpaper:13/021.

    Full description at Econpapers || Download paper

  15. Software piracy, inequality and the poor: evidence from Africa. (2012). Asongu, Simplice.
    In: MPRA Paper.
    RePEc:pra:mprapa:43860.

    Full description at Econpapers || Download paper

  16. The impact of liberalisation policies on income inequality in african countries. (2012). Batuo Enowbi, Michael ; Asongu, Simplice ; Enowbibatuo, Michael.
    In: MPRA Paper.
    RePEc:pra:mprapa:43344.

    Full description at Econpapers || Download paper

  17. Fighting consumer price inflation in Africa. What do dynamics in money, credit, efficiency and size tell us?. (2012). Asongu, Simplice.
    In: MPRA Paper.
    RePEc:pra:mprapa:41553.

    Full description at Econpapers || Download paper

  18. Analyzing the Kuznets Relationship using Nonparametric and Semiparametric Methods. (2012). Li, Kui-Wai.
    In: MPRA Paper.
    RePEc:pra:mprapa:36535.

    Full description at Econpapers || Download paper

  19. Innocent Bystanders? Monetary Policy and Inequality in the U.S.. (2012). Kueng, Lorenz ; Gorodnichenko, Yuriy ; Coibion, Olivier ; Silvia, John.
    In: NBER Working Papers.
    RePEc:nbr:nberwo:18170.

    Full description at Econpapers || Download paper

  20. Impacts of an Ageing Society on Macroeconomics and Income Inequality – The Case of Germany since the 1980s. (2012). Faik, Jürgen.
    In: Working Papers.
    RePEc:inq:inqwps:ecineq2012-272.

    Full description at Econpapers || Download paper

  21. Income Inequality and Inflation in the EU. (2012). UÄŸurlu, Erginbay ; Ugurlu, Erginbay ; Thalassinos, Eleftherios ; Muratoğlu, Yusuf ; Muratoglu, Yusuf .
    In: European Research Studies Journal.
    RePEc:ers:journl:v:xv:y:2012:i:1:p:127-140.

    Full description at Econpapers || Download paper

  22. Inequality, corruption and the informal sector. (2012). Dobson, Stephen ; Ramlogan-Dobson, Carlyn.
    In: Economics Letters.
    RePEc:eee:ecolet:v:115:y:2012:i:1:p:104-107.

    Full description at Econpapers || Download paper

  23. Endogenous skill heterogeneity and inflation. (2012). Lahiri, Radhika ; Magnani, Elisabetta.
    In: Economic Modelling.
    RePEc:eee:ecmode:v:29:y:2012:i:5:p:1745-1756.

    Full description at Econpapers || Download paper

  24. Impacts of an Ageing Society on Macroeconomics and Income Inequality: The Case of Germany since the 1980s. (2012). Faik, Jürgen.
    In: SOEPpapers on Multidisciplinary Panel Data Research.
    RePEc:diw:diwsop:diw_sp518.

    Full description at Econpapers || Download paper

  25. How does Fiscal Consolidation Impact on Income Inequality?. (2012). Sousa, Ricardo ; Agnello, Luca ; R, M. Sousa., ; L, Agnello., .
    In: Working papers.
    RePEc:bfr:banfra:382.

    Full description at Econpapers || Download paper

  26. The Impact of Liberalisation Policies on Inequality in Africa. (2012). Batuo, Michael ; Asongu, Simplice.
    In: Working Papers of the African Governance and Development Institute..
    RePEc:agd:wpaper:12/038.

    Full description at Econpapers || Download paper

  27. The impact of health worker migration on development dynamics: evidence of wealth-effects from Africa. (2012). Asongu, Simplice.
    In: Working Papers of the African Governance and Development Institute..
    RePEc:agd:wpaper:12/037.

    Full description at Econpapers || Download paper

  28. Software piracy, inequality and the poor: evidence from Africa. (2012). Asongu, Simplice ; Simplice, Asongu.
    In: Working Papers of the African Governance and Development Institute..
    RePEc:agd:wpaper:12/035.

    Full description at Econpapers || Download paper

  29. Fighting consumer price inflation in Africa. What do dynamics in money, credit, efficiency and size tell us?. (2012). Asongu, Simplice ; Simplice, Asongu.
    In: Working Papers of the African Governance and Development Institute..
    RePEc:agd:wpaper:12/011.

    Full description at Econpapers || Download paper

  30. Inequality of Wealth in the Ottoman Empire: War, Weather, and Long-term Trends in Eighteenth Century Kastamonu. (2011). Cosgel, Metin ; Ergene, Bogac A..
    In: Working papers.
    RePEc:uct:uconnp:2011-29.

    Full description at Econpapers || Download paper

  31. What determines debt intolerance? The role of political and monetary institutions. (2011). Tommasino, Pietro ; Giordano, Raffaela.
    In: European Journal of Political Economy.
    RePEc:eee:poleco:v:27:y:2011:i:3:p:471-484.

    Full description at Econpapers || Download paper

  32. Effects of Monetary Unions on Inequalities (Para Birliklerinin Esitsizlikler Uzerindeki Etkileri). (2010). Hulagu, Timur.
    In: Working Papers.
    RePEc:tcb:wpaper:1014.

    Full description at Econpapers || Download paper

  33. On inflation, wealth inequality and welfare in emerging economies. (2010). Sunel, Enes.
    In: MPRA Paper.
    RePEc:pra:mprapa:25943.

    Full description at Econpapers || Download paper

  34. The historical relationship between inflation and political rebellion, and what it might teach us about neoliberalism. (2010). Cohen, Joseph ; Linton, April.
    In: MPRA Paper.
    RePEc:pra:mprapa:22522.

    Full description at Econpapers || Download paper

  35. Reducing or aggravating inequality? : Preliminary findings from the 2008 financial crisis. (2010). Saget, Catherine ; Fiorio, Carlo V.
    In: ILO Working Papers.
    RePEc:ilo:ilowps:456487.

    Full description at Econpapers || Download paper

  36. Do liberalization and globalization increase income inequality?. (2010). Nilsson, Therese ; Bergh, Andreas.
    In: European Journal of Political Economy.
    RePEc:eee:poleco:v:26:y:2010:i:4:p:488-505.

    Full description at Econpapers || Download paper

  37. Aggregate and welfare effects of redistribution of wealth under inflation and price-level targeting. (2010). Terajima, Yaz ; Ríos-Rull, José-Víctor ; Meh, Cesaire ; Rios-Rull, Jose-Victor.
    In: Journal of Monetary Economics.
    RePEc:eee:moneco:v:57:y:2010:i:6:p:637-652.

    Full description at Econpapers || Download paper

  38. Is there a trade-off between income inequality and corruption? Evidence from Latin America. (2010). Dobson, Stephen ; Ramlogan-Dobson, Carlyn.
    In: Economics Letters.
    RePEc:eee:ecolet:v:107:y:2010:i:2:p:102-104.

    Full description at Econpapers || Download paper

  39. A political economy perspective on persistent inequality, inflation, and redistribution. (2010). Lahiri, Radhika ; Ratnasiri, Shyama.
    In: Economic Modelling.
    RePEc:eee:ecmode:v:27:y:2010:i:5:p:1199-1210.

    Full description at Econpapers || Download paper

  40. Is Corruption Really Bad for Inequality? Evidence from Latin America. (2010). ANDRES, ANTONIO ; Dobson, Carlyn ; Rodriguez, Antonio.
    In: Development Research Working Paper Series.
    RePEc:adv:wpaper:201002.

    Full description at Econpapers || Download paper

  41. Financial sophistication and the distribution of the welfare cost of inflation. (2009). Camera, Gabriele ; Boel, Paola.
    In: Journal of Monetary Economics.
    RePEc:eee:moneco:v:56:y:2009:i:7:p:968-978.

    Full description at Econpapers || Download paper

  42. Income inequality and the business cycle: A threshold cointegration approach. (2009). Hoover, Gary ; Giedeman, Daniel ; Dibooglu, Selahattin.
    In: Economic Systems.
    RePEc:eee:ecosys:v:33:y:2009:i:3:p:278-292.

    Full description at Econpapers || Download paper

  43. Transparency in monetary policy: A general equilibrium approach. (2009). Turdaliev, Nurlan.
    In: Economic Modelling.
    RePEc:eee:ecmode:v:26:y:2009:i:3:p:608-613.

    Full description at Econpapers || Download paper

  44. A model of money with multilateral matching. (2008). Kircher, Philipp ; Galenianos, Manolis.
    In: LSE Research Online Documents on Economics.
    RePEc:ehl:lserod:29701.

    Full description at Econpapers || Download paper

  45. A model of money with multilateral matching. (2008). Kircher, Philipp ; Galenianos, Manolis.
    In: Journal of Monetary Economics.
    RePEc:eee:moneco:v:55:y:2008:i:6:p:1054-1066.

    Full description at Econpapers || Download paper

  46. The political economy of seigniorage. (2008). Veiga, Francisco ; Aisen, Ari.
    In: Journal of Development Economics.
    RePEc:eee:deveco:v:87:y:2008:i:1:p:29-50.

    Full description at Econpapers || Download paper

  47. Aggregate and Welfare Effects of Redistribution of Wealth Under Inflation and Price-Level Targeting. (2008). Terajima, Yaz ; Ríos-Rull, José-Víctor ; Meh, Cesaire.
    In: Staff Working Papers.
    RePEc:bca:bocawp:08-31.

    Full description at Econpapers || Download paper

  48. Financial Development and Inequality: Brazil 1985-1994. (2007). Bittencourt, Manoel.
    In: Ibero America Institute for Econ. Research (IAI) Discussion Papers.
    RePEc:got:iaidps:164.

    Full description at Econpapers || Download paper

  49. Incomplete markets and households’ exposure to interest rate and inflation risk: implications for the monetary policy maker. (2007). Pescatori, Andrea.
    In: Working Papers (Old Series).
    RePEc:fip:fedcwp:0709.

    Full description at Econpapers || Download paper

  50. Income Inequality, Monetary Policy, and the Business Cycle. (2005). Fowler, Stuart.
    In: Computing in Economics and Finance 2005.
    RePEc:sce:scecf5:184.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-09-17 23:37:01 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Last updated August, 3 2024. Contact: Jose Manuel Barrueco.