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Government-Issued Fiat Money

In: Why is there Money?

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Abstract

The microeconomic foundation of the theory of money has long represented a puzzle to economic theory. Why is there Money? derives the foundations of monetary theory from advanced price theory in a mathematically precise family of trading post models.

Suggested Citation

  • ., 2012. "Government-Issued Fiat Money," Chapters, in: Why is there Money?, chapter 8, Edward Elgar Publishing.
  • Handle: RePEc:elg:eechap:13763_8
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    File URL: https://www.elgaronline.com/view/9781848448568.00014.xml
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    Cited by:

    1. Hu, Ruiyang & Zarazaga, Carlos E., 2018. "Fiscal stabilization and the credibility of the U.S. budget sequestration spending austerity," Journal of Economic Dynamics and Control, Elsevier, vol. 93(C), pages 54-66.
    2. Simplice A. Asongu & Nicholas M. Odhiambo, 2019. "Inclusive development in environmental sustainability in sub‐Saharan Africa: Insights from governance mechanisms," Sustainable Development, John Wiley & Sons, Ltd., vol. 27(4), pages 713-724, July.
    3. Asongu, Simplice A & Odhiambo, Nicholas M, 2019. "Governance,CO2 emissions and inclusive human development in Sub-Saharan Africa," Working Papers 25253, University of South Africa, Department of Economics.
    4. Hancic Maja Turnšek, 2013. "No Synonyms: Global Governance and the Transnational Public," Croatian International Relations Review, Sciendo, vol. 19(69), pages 5-31, December.

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    Keywords

    Economics and Finance;

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