On the benefits of currency reform

DOI10.1016/j.jedc.2019.04.001zbMath1412.91173OpenAlexW2893417262WikidataQ128065171 ScholiaQ128065171MaRDI QIDQ2416795

R. Vijay Krishna, Oksana Leukhina

Publication date: 24 May 2019

Published in: Journal of Economic Dynamics \& Control (Search for Journal in Brave)

Full work available at URL: https://s3.amazonaws.com/real.stlouisfed.org/wp/2018/2018-021.pdf

zbMATH Keywords

monetary modelscurrency reform

Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64)

Cites Work

• Decentralizing constrained-efficient allocations in the Lagos-Wright pure currency economy
• Essential interest-bearing money
• Asset trading mechanisms and expansionary policy
• Money is memory
• Societal benefits of illiquid bonds.
• On the coexistence of money and higher-return assets and its social role
• Efficient Allocations with Hidden Income and Hidden Storage
• A Continuous-Time Version of the Principal–Agent Problem
• On Efficient Distribution with Private Information
• Optimal money creation in “pure currency” economies: a conjecture *
• The Optimal Degree of Discretion in Monetary Policy
• Implications of Efficient Risk Sharing without Commitment
• Unnamed Item

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