Limited commitment and the legal restrictions theory of the demand for money

DOI10.1016/J.JET.2013.12.008zbMath1296.91200OpenAlexW3125493715MaRDI QIDQ402073

Fabrizio Mattesini, Leo Ferraris

Publication date: 27 August 2014

Published in: Journal of Economic Theory (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.jet.2013.12.008

zbMATH Keywords

moneygovernment bondslegal restrictionsrate of return dominance

Mathematics Subject Classification ID

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

Related Items (2)

Stablecoins: legal restrictions theory and monetary policy ⋮ Debt enforcement and the value of money

Cites Work

• Pairwise trade and coexistence of money and higher-return assets
• Banking: A New Monetarist Approach

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