“華師經(jīng)英Seminar”第十九期
題目:Burning ”Money”, Money, and Essentiality of Money
主講人:黃丕棟博士
時(shí)間:2020年10月15日(周四)13:30
地點(diǎn):新葡的京集團(tuán)350vip8888大學(xué)城文三棟MBA中心415室
騰訊會議(會議ID:430 613 683;會議密碼:1122)
線下會議同時(shí)線上直播,參會學(xué)生請到現(xiàn)場參加
主講人簡介:黃丕棟,新葡的京集團(tuán)350vip8888經(jīng)濟(jì)與管理學(xué)院青年英才,博士畢業(yè)于賓夕法尼亞州立大學(xué),主要研究方向貨幣銀行學(xué)。
Abstract: Contagious equilibria render money inessential among patient agents in some monetary models with trade in pairs. Using the Lagos-Wright model as the background, I show that money is essential because of its existence. Through a commodity-money refinement and a forward-induction refinement, I deliver that money undercuts the threatening role of collective punishment in contagious equilibria.