The Structure of Exchange in Barter and Monetary Economies
Open Access
- 1 May 1972
- journal article
- Published by Oxford University Press (OUP) in The Quarterly Journal of Economics
- Vol. 86 (2) , 290-302
- https://doi.org/10.2307/1880564
Abstract
I. Transactions and money in general equilibrium models, 290. — II. Representation of equilibrium and exchange, 292. — III. The barter economy, 293. — IV. The money economy, 297. — V. Relation of monetary to barter exchange, 299. — VI. Behavior of money balances, 300. — VII. Conclusion, 301.Keywords
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