The payment mechanisms and liquidity effects
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DOI: 10.1016/j.jmacro.2011.09.002
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More about this item
Keywords
Stored value; Private money; Payment mechanism; Liquidity effect; Segmented markets;All these keywords.
JEL classification:
- E4 - Macroeconomics and Monetary Economics - - Money and Interest Rates
- E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit
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