“华师经英Seminar”第十九期
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:15vip太阳集团官网大学城文三栋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,15vip太阳集团官网青年英才,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.