The Macroeconomics of De-Cashing

The Macroeconomics of De-Cashing
The paper presents a simple framework for the analysis of the macroeconomic implications of de-cashing. Defined as replacing paper currency with convertible deposits, de-cashing would affect all key macroeconomic sectors. The overall macreconomic impact of de-cashing would depend on the balance of growth-enhancing and growth-constraining... READ MORE...

Publication date: March 2017
ISBN 9781475589252
$18.00

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