money, surveying the ongoing theoretical and empirical debate. The key conclusion is that an exclusive focus on non … policy decisions by providing a clearer narrative of the relative role of money in the interaction with other economic and …

This paper contributes to the debate on the role of money in monetary policy by analyzing the information content of … money in forecasting euro-area inflation. We compare the predictive performance within and among various classes of … structural and empirical models in a consistent framework using Bayesian and other estimation techniques. We find that money …

-term liquidity effects, where monetary costs act as transaction costs and the quantity theory of money is verified …

This paper explores recent versions of older ideas for stabilizing the value of money based on an independently defined … need to redeem money for gold. This paper explores monetary standards with relatively constant real values in which the … supply of money is market determined by its redeemability for assets equal in value to its valuation basket (rather than for …

The rapid uptake of mobile money in recent years has generated new data needs and growing interest in understanding its … impact on broad money. This paper reviews mobile money trends using mobile money data from the Financial Access Survey (FAS …) and examines the statistical treatment of mobile money under the IMF's Monetary and Financial Statistics (MFS) framework …

cut interest rates as much as needed for economic stimulus now is to change from a paper standard to an electronic money … electronic money; the paper currency interest rate can be either lowered below zero or raised above zero. Such an ability to vary …