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New developments in monetary economics : two ghosts, two eccentricities, a fallacy, a mirage and a mythos
Buiter, Willem H. - In: The economic journal : the journal of the Royal … 115 (2005) 502, pp. C1-31
Persistent link: https://www.econbiz.de/10002676672
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Is numérairology the future of monetary economics? : unbundling numéraire and medium of exchange through a virtual currency and a shadow exchange rate
Buiter, Willem H. - In: Open economies review 18 (2007) 2, pp. 127-156
Persistent link: https://www.econbiz.de/10003481998
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Is Numerairology the Future of Monetary Economics? Unbundling Numeraire and Medium of Exchange Through a Virtual Currency and a Shadow Exchange Rate
Buiter, Willem H. - 2010
The paper discusses some fundamental problems in monetary economics associated with the determination and role of the numeraire. The issues are introduced by formalising a proposal, attributed to Eisler, to remove the zero lower bound on nominal interest rates by unbundling the numeraire and...
Persistent link: https://www.econbiz.de/10012760448
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Is Numerairology the Future of Monetary Economics? Unbundling numeraire and medium of exchange through a virtual currency and a shadow exchange rate
Buiter, Willem H. - 2007
The paper discusses some fundamental problems in monetary economics associated with the determination and role of the numeraire. The issues are introduced by formalising a proposal, attributed to Eisler, to remove the zero lower bound on nominal interest rates by unbundling the numeraire and...
Persistent link: https://www.econbiz.de/10012465817