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Author:Salant, Stephen W. 

Working Paper
Transversality conditions in infinite horizon models

International Finance Discussion Papers , Paper 172

Working Paper
Market anticipations, government policy, and the price of gold

International Finance Discussion Papers , Paper 81

Working Paper
Can government gold be put to better use?: Qualitative and quantitative policies

Gold has both private uses (depletion uses and service uses) and government uses. It can be obtained from mines with high extraction costs (about $300 per ounce) or from above ground stocks with no extraction costs. Governments still store massive stocks of gold. Making government gold available for private uses through some combination of sales and loans raises welfare from private uses by removing two types of inefficiencies. For given private uses, there is a production inefficiency if costless government gold is withheld while costly gold is taken from mines. There are use inefficiencies ...
International Finance Discussion Papers , Paper 582

Working Paper
Staving off the backstop: dynamic limit-pricing with a kinked demand curve

International Finance Discussion Papers , Paper 110

Working Paper
Hirshleifer on speculation

International Finance Discussion Papers , Paper 75

Working Paper
Nash-Cournot equilibrium for an exhaustible resource like oil

International Finance Discussion Papers , Paper 63

Working Paper
Profitable speculation, price stability, and welfare

International Finance Discussion Papers , Paper 54

Working Paper
No end to the 'age of zinc': the length of the optimal program when depletion affects extraction costs

International Finance Discussion Papers , Paper 73

Discussion Paper
Search theory and duration data: a theory of sorts

Special Studies Papers , Paper 42

Working Paper
Gains from trade under uncertainty, once again

International Finance Discussion Papers , Paper 72

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Henderson, Dale W. 2 items

Gray, Jo Anna 1 items

Irons, John S. 1 items

Kotlikoff, Laurence J. 1 items

Thomas, Sebastian 1 items

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