Why fiat money is a safe asset

DOI10.1016/J.ECONLET.2012.02.016zbMath1253.91125OpenAlexW2023993994MaRDI QIDQ1925715

Dirk Paulsen

Publication date: 18 December 2012

Published in: Economics Letters (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.econlet.2012.02.016

zbMATH Keywords

collateralsecuritizationfiat moneysafe asset

Mathematics Subject Classification ID

Applications of game theory (91A80) Macroeconomic theory (monetary models, models of taxation) (91B64)

Cites Work

• The optimal bankruptcy rule in a trading economy using fiat money
• On the Role of Money and the Existence of a Monetary Equilibrium
• Unnamed Item

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