Monetary Rules and Commodity Schemes Under Uncertainty
收藏NBER1985-10-01 更新2025-01-04 收录
下载链接:
https://www.nber.org/papers/w1722
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资源简介:
The paper sets out a simple monetary model anduses it to compare alternative monetary systems. Money may be either fiat or gold. Both gold supply and velocity are uncertain. Asset demands are derived from expected utility maximization. I demonstrate the basic argument against a commodity money --
提供机构:
美国国家经济研究局
创建时间:
1985-10-01



