The Demonetization of Gold: Transactions and the Change in Control

Three models of a monetary economy are considered, in order to show the effects of a gold demonetization: the first with a gold money, the second with demonetized gold but no central bank, and the third with demonetized gold, but with a central bank. The distinctions between ownership and control are discussed.

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Year of publication:	2011-08
Authors:	Quint, Thomas ; Shubik, Martin
Institutions:	Cowles Foundation for Research in Economics, Yale University
Subject:	Gold demonetization \| Gold backed paper \| Reserves

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Extent:	application/pdf
Series:	Cowles Foundation Discussion Papers.
Type of publication:	Book / Working Paper
Language:	English
Notes:	The price is None Number 1814 49 pages
Classification:	C72 - Noncooperative Games ; E50 - Monetary Policy, Central Banking and the Supply of Money and Credit. General ; E58 - Central Banks and Their Policies
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009209703