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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 g...
| Call Number: | Libro Electrónico |
|---|---|
| Main Author: | |
| Format: | Electronic eBook |
| Language: | Inglés |
| Published: |
[Washington, D.C.] :
International Monetary Fund,
2017.
|
| Series: | IMF working paper ;
WP/17/71. |
| Subjects: | |
| Online Access: | Texto completo |
Table of Contents:
- Cover; Contents; Abstract; I. Introduction; II. The Use of Cash; III. Macro-Analytics of De-Cashing; A. Cash Economics: Primer; B. Macroeconomic Framework; IV. Macroeconomic Effect of De-Cashing; A. Monetary Effects; B. Real Effects; C. Fiscal Effects; D. Balance of Payments Effects; E. Structural Effects; V. Conclusions and Policy Options; VI. References; Figures; 1. De-Cashing: The Macroeconomic Framework; 2. Monetary Effect of De-Cashing; 3. Real Effects of De-Cashing; 4. Fiscal Effects of De-Cashing; 5. Balance of Payments Effects of De-Cashing.