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    • Essays on monetary theory 

      Teles, Caio Augusto Colnago
      2017-08-14
      In this thesis, we use mechanism design approach in order to study economies in which optimal mechanism bears some resemblance to actual monetary system. More precisely, we study optimal monetary policy in models in which ...
    • Money distribution with intermediation 

      Teles, Caio Augusto Colnago
      2013-06-28
      This paper analyzes the distribution of money holdings in a commo dity money search-based mo del with intermediation. Intro ducing heterogeneity of costs to the Kiyotaki e Wright ( 1989 ) mo del, Cavalcanti e Puzzello ( ...