seigniorage finance. This leads to an increase in inflation which, in turn, reduces capital accumulation and growth. At the …

Earlier studies of the seigniorage inflation model have found that the high-inflation steady state is not stable under …

might lead to a significant redistribution of seigniorage wealth if current regulations prevail. In general, accession …

once we use subjective expectations of the number of visits per week at the time of contract choice. Next, we study how …

-report measures were related to destruction decisions and expectations. The pattern of emotional arousal and its correlation with self …

candidate is expectations: what people expect could affect how they feel about what actually occurs. In a real-effort experiment …, we manipulate the rational expectations of subjects and check whether this manipulation influences their effort provision …-based reference-dependent preferences: if expectations are high, subjects work longer and earn more money than if expectations are low. …