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An experiment on retail payments systems

Camera, Gabriele; Casari, Marco; Bortolotti, Stefania - 2014

We study the behavioral underpinnings of adopting cash versus electronic payments in retail transactions. A novel theoretical and experimental framework is developed to primarily assess the impact of sellers' service fees and buyers' rewards from using electronic payments. Buyers and sellers...

Persistent link: https://www.econbiz.de/10010352868

Inside money in a Kaldor-Kalecki-Steindl fiscal policy model: The unit of account, inflation, leverage, and financial fragility

Hannsgen, Greg; Young-Taft, Tai - 2015

We hope to model financial fragility and money in a way that captures much of what is crucial in Hyman Minsky …

Persistent link: https://www.econbiz.de/10011545299

Post-Keynesian macroeconomics since the mid-1990s: Main developments

Hein, Eckhard - 2016

integrated analysis of money, finance and macroeconomics and its application to changing institutional and historical …

Persistent link: https://www.econbiz.de/10011565324

The Monetary Economy and the Economic Crisis

Laidler, David - 2011

The monetary economy has properties that cannot be analyzed using the tools of today's dynamic general equilibrium analysis. Keynes's economics, far from being an aberration in the otherwise orderly evolution of modern macroeconomics from Adam Smith's ideas about the "invisible hand", was a...

Persistent link: https://www.econbiz.de/10011592187

Optimal public money

Monnet, Cyril - 2002

In most countries, the supply of paper money is controlled by a state institution. This paper provides an explanation …

Persistent link: https://www.econbiz.de/10011604205

Money and payments: a modern perspective

Holthausen, Cornelia; Monnet, Cyril - 2003

has been devoted to the analysis whether there should be competition in the supply of money, or whether this is best left … today we have competition between issuers of money, namely in the international context, with electronic money, and in large …The role of money in society has been a controversial topic in economic theory over many years. Particular attention …

Persistent link: https://www.econbiz.de/10011604291

Bond market inflation expectations and longer-term trends in broad monetary growth and inflation in industrial countries, 1880-2001

Dewald, William G. - 2003

Persistent link: https://www.econbiz.de/10011604299

Forecasting real GDP: what role for narrow money?

Seitz, Franz; Brand, Claus; Reimers, Hans-Eggert - 2003

Persistent link: https://www.econbiz.de/10011604300

Counterfeiting and inflation

Monnet, Cyril - 2005

In this paper I show that a lax anti-counterfeiting policy is inconsistent with price stability. I use a deterministic matching model with no commitment and no enforcement. An intrinsically worthless but perfectly durable object called a ‘note’ can be produced by banks at a given cost, but...

Persistent link: https://www.econbiz.de/10011604558

Quantitative goals for monetary policy

Fatás, Antonio; Mihov, Ilian; Rose, Andrew K. - 2006

. Quantitative goals take three forms: exchange rates, money growth rates, and inflation targets. We analyze the effects on inflation …

Persistent link: https://www.econbiz.de/10011604661