incentive constraints on the policy making process, such as lack of credibility, political opportunism, political ideology, and …: it covers credibility issues, political business cycles, and optimal design of monetary institutions. Part II deals with … fiscal policy in a dynamic general equilibrium set up: the main topics here are credibility of tax policy, and political …

"Money is increasingly cheap, digital, and mobile. In Money in the Twenty-First Century, economist Richard Holden … examines the virtues and risks of low interest rates, mobile money, and cryptocurrencies, and explains how these three … come. Holden weaves in the stories of three people who have exerted massive influence over the future of modern money: US …