not created due to a hold-up problem. Monetary expansion increases buyers' money holdings, and then, dealers are willing …

The present work offers a review on two divergent schools of thought regarding the subject of money and highlights why … understanding it is important to grasp the workings and nature of the concept of money. We adopt a spontaneous order perspective on … social institutions, considering money as one. Such framework allows for the construction of axioms from which we formulate …

money in the context of a democratic country such as India. The paper shows that macroeconomic implications of crypto … currency out of total money supply is high it is bound to impact on the efficacy of monetary policy. .The paper also examines …

does not hold in such a setting. However, the standard results rely on the counter-factual premise of helicopter money and … are overturned if money creation through open market operations is taken into account. This result suggests that a more …