000 01389cam a22002418i 4500
008 160520s2016 nju b 001 0 eng
020 _a9780691172132 (hardback : alk. paper)
042 _apcc
082 0 0 _a332.4 ROG
100 1 _aRogoff, Kenneth S.,
245 1 4 _aCurse of Cash /
260 _aNew Jersey:
_bPrinceton University Press;
_c2016
263 _a1609
300 _a284 p.
365 _b$ 29.95
504 _aIncludes bibliographical references and index.
505 0 _aIntroduction and overview -- The early development of coins and paper currency -- Size and composition of global currency supplies, and the share held abroad -- Holdings of currency in domestic legal, tax-paying economy -- Currency demand in the underground economy -- Seigniorage -- A plan for phasing out most paper currency -- The cost of the zero bound constraint -- Higher inflation targets, nominal GDP, escape clauses and fiscal policy -- Other paths to negative interest rates -- Other possible downsides to negative nominal policy rates -- Negative interest rates as a violation of trust and a step away from rule-based systems -- International dimensions to phasing out paper currency -- Digital currencies and gold -- Conclusions.
650 0 _aPaper money.
650 0 _aMoney.
650 0 _aCurrency question.
650 0 _aMonetary policy.
942 _cBK
999 _c115766
_d115766