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“华师经英Seminar”第十九期

2020-10-15 09:03:00 来源:院科研办 点击: 收藏本文

题目:Burning ”Money”, Money, and Essentiality of Money  

主讲人:黄丕栋博士

时间:2020年10月15日(周四)13:30

地点:yl9193永利官网大学城文三栋MBA中心415室

腾讯会议(会议ID:430 613 683;会议密码:1122)

线下会议同时线上直播,参会学生请到现场参加

主讲人简介:黄丕栋,yl9193永利官网青年英才,博士毕业于宾夕法尼亚州立大学,主要研究方向货币银行学。 

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.