Fungibility of money is a central principle in economics. It implies that any unit of money is substitutable for …, incentivized setup many subjects do not treat money as fungible. When a label is attached to a part of their budget, subjects …

partners marry for money and the other where partners marry for romantic reasons orthogonal to productivity or debt. These … generate different investment incentives and therefore have a real impact on the market economy. While marrying for money …

central bank money. The key differences between cash and central bank digital currency (CBDC) include transaction efficiency …

money growth is a superior indicator of the monetary environment than the federal funds rate and, thus, the focus is on the … inflation/unemployment responses to money growth shocks. SVAR (structural vector autoregression) and GMM (generalised method of …-unemployment tradeoffs, policy makers should reconsider the classical dichotomy thesis. -- Inflation ; unemployment ; money growth ; SVAR …

that money plays a small role in developing countries and that monetary policy is not a very important influence on growth …

In Germany, the streaming of students into an academic or nonacademic track at age 10 can be revised at later stages of …

Britain and Germany looking at two longitudinal datasets (BHPS and GSOEP respectively) for years 1995-2004. It stresses the …

the family's current consumption. Using data for West Germany, we do not find evidence for such a specialization strategy …