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This paper provides an overview of the role of money in modern macro models. In particular, we are focussing on New … Keynesian and New Monetarist models to investigate their main findings and most significant shortcomings in considering money … recent New Keynesian literature, we argue that keeping an eye on money is important to monetary policy decision-makers in …
Persistent link: https://www.econbiz.de/10010334216
Persistent link: https://www.econbiz.de/10011604300
. Looking forward, an open question is whether this change in the relationship between money, credit, the term spread and …
Persistent link: https://www.econbiz.de/10011605848
-paid scheme combining central elements of TARGET Instant Payment Settlement and electronic money features enabling offline and …
Persistent link: https://www.econbiz.de/10014523455
remarks on the importance of money for the economy in general, special attention is paid to the unique characteristics of cash …
Persistent link: https://www.econbiz.de/10013273903
-paid scheme combining central elements of TARGET Instant Payment Settlement and electronic money features enabling offline and … online instant payments. The issuance of a digital euro would be neutral to total money supply as banks act only as …
Persistent link: https://www.econbiz.de/10013413632
We analyze the repercussions of different kinds of uncertainty on cash demand, including uncertainty of the digital infrastructures, confidence crises of the financial system, natural disasters, political uncertainties, and inflationary crises. Based on a comprehensive literature survey,...
Persistent link: https://www.econbiz.de/10014305043
This paper provides an overview of the role of money in modern macro models. In particular, we are focussing on New … Keynesian and New Monetarist models to investigate their main findings and most significant shortcomings in considering money … recent New Keynesian literature, we argue that keeping an eye on money is important to monetary policy decision-makers in …
Persistent link: https://www.econbiz.de/10010251183
Persistent link: https://www.econbiz.de/10011672978
-paid scheme combining central elements of TARGET Instant Payment Settlement and electronic money features enabling offline and … online instant payments. The issuance of a digital euro would be neutral to total money supply as banks act only as …
Persistent link: https://www.econbiz.de/10013399889