Some economists have claimed that the OLG model of fiat money includes what is essential for a

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Some economists have claimed that the OLG model of fiat money includes what is essential for a good theory of money and that it should be recognized as the best available one. Draw up a list of

(a) what you consider to be essential for a good theory of money, and

(b) the policy implications of the OLG model. Assess how far

(b) satisfies (a).

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Monetary Economics

ISBN: 9780415772099

2nd Edition

Authors: Jagdish Handa

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Question Posted: Nov 12, 2024 03:01 AM

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Some economists have claimed that the OLG model of fiat money includes what is essential for a

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Monetary Economics

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