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The timing of tax collections and the structure of "irrelevance" theorems in a cash-in-advance model

Sargent, Thomas J.; Smith, Bruce D. - In: Macroeconomic dynamics 14 (2010) 4, pp. 585-603

Persistent link: https://www.econbiz.de/10008746064

Coinage, debasements, and Gresham's laws

Sargent, Thomas J. - In: Economic theory : official journal of the Society for … 10 (1997) 2, pp. 197-226

Persistent link: https://www.econbiz.de/10001225118

Irrelevance of open market operations in some economies with government currency being dominated in rate of return

Sargent, Thomas J. - In: The American economic review 77 (1987) 1, pp. 78-92

Persistent link: https://www.econbiz.de/10001022466

THE TIMING OF TAX COLLECTIONS AND THE STRUCTURE OF “IRRELEVANCE” THEOREMS IN A CASH-IN-ADVANCE MODEL

Sargent, Thomas J.; Smith, Bruce D. - In: Macroeconomic Dynamics 14 (2010) 04, pp. 585-603

Persistent link: https://www.econbiz.de/10008740277

THE TIMING OF TAX COLLECTIONS AND THE STRUCTURE OF “IRRELEVANCE” THEOREMS IN A CASH-IN-ADVANCE MODEL

Sargent, Thomas J.; Smith, Bruce D. - In: Macroeconomic dynamics 14 (2010) 4, pp. 585-604

Persistent link: https://www.econbiz.de/10008455201

Coinage, debasements, and Gresham's laws

Sargent, Thomas J.; Smith, Bruce D. - In: Economic theory 10 (1997) 2, pp. 197-226

Persistent link: https://www.econbiz.de/10007198053

Coinage, debasements, and Gresham's laws

Smith, Bruce D.; Sargent, Thomas J. - In: Economic Theory 10 (1997) 2, pp. 197-226

This paper formulates a model of commodity money that circulates by tale, and applies it to a variety of situations, some of which seem to confirm, and others to contradict, `Gresham's Law'. We analyze how debasements could prompt decisions of citizens voluntarily to participate in recoinages...

Persistent link: https://www.econbiz.de/10005178726