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Money and Credit Redux

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Publication:4613385
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DOI10.3982/ECTA12798zbMath1419.91506MaRDI QIDQ4613385

Randall Wright, Fabrizio Mattesini, Chao Gu

Publication date: 31 January 2019

Published in: Econometrica (Search for Journal in Brave)


zbMATH Keywords

creditdebtmoneyneutralityessentiality


Mathematics Subject Classification ID

Macroeconomic theory (monetary models, models of taxation) (91B64) Credit risk (91G40)


Related Items (11)

Monetary mechanisms ⋮ Introduction to the symposium issue on money and liquidity ⋮ Monetary exchange and the irreducible cost of inflation ⋮ Optimal monetary interventions in credit markets ⋮ Central bank digital currency and monetary policy ⋮ Co-essentiality of money and credit: a mechanism-design view ⋮ Credit frictions and participation in over-the-counter markets ⋮ Debt constraints and monetary policy ⋮ Asset shortages, liquidity and speculative bubbles ⋮ Banking crises and liquidity in a monetary economy ⋮ Fiat money as a public signal, medium of exchange, and punishment






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