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A model of money counterfeits

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  • Yvan Lengwiler

Abstract

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Suggested Citation

  • Yvan Lengwiler, 1997. "A model of money counterfeits," Journal of Economics, Springer, vol. 65(2), pages 123-132, June.
  • Handle: RePEc:kap:jeczfn:v:65:y:1997:i:2:p:123-132
    DOI: 10.1007/BF01226930
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    References listed on IDEAS

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    1. Warren E. Weber & Edward J. Green, 1996. "Will the new $100 bill decrease counterfeiting?," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 20(Sum), pages 3-10.
    2. Kiyotaki, Nobuhiro & Wright, Randall, 1989. "On Money as a Medium of Exchange," Journal of Political Economy, University of Chicago Press, vol. 97(4), pages 927-954, August.
    3. Klaus Kultti, 1996. "A monetary economy with counterfeiting," Journal of Economics, Springer, vol. 63(2), pages 175-186, June.
    4. Martin J. Osborne & Ariel Rubinstein, 1994. "A Course in Game Theory," MIT Press Books, The MIT Press, edition 1, volume 1, number 0262650401, February.
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    Citations

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    Cited by:

    1. Kang, Kee-Youn, 2017. "Counterfeiting, screening and government policy," Journal of Economic Theory, Elsevier, vol. 172(C), pages 26-54.
    2. Shao, Enchuan & Fung, Ben S.C., 2016. "Counterfeit quality and verification in a monetary exchange," Economic Modelling, Elsevier, vol. 52(PA), pages 13-25.
    3. Richard D. Porter & Ruth Judson, 2003. "Estimating the worldwide volume of counterfeit U.S. currency: data and extrapolation," Finance and Economics Discussion Series 2003-52, Board of Governors of the Federal Reserve System (U.S.), revised 2003.
    4. Ruth Judson & Richard D. Porter, 2010. "Estimating the volume of counterfeit U.S. currency in circulation worldwide: data and extrapolation," Policy Discussion Paper Series PDP-2010-02, Federal Reserve Bank of Chicago.

    More about this item

    Keywords

    counterfeiting; face value of bank notes; central banks; subgame-perfect equilibrium; C72; E58;

    JEL classification:

    • C72 - Mathematical and Quantitative Methods - - Game Theory and Bargaining Theory - - - Noncooperative Games
    • E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies

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