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Dirty Money

  • Camera, G.
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    An inter-governmental body is encouraging the replacement of currency with the objective of discouraging illegal economic activities. This policy is analyzed in a search-theoretic monetary economy with government enforcement. Individuals choose a legal or illegal production and settle trades via quid-pro-quo or monetary exchange.

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    File URL: http://www.krannert.purdue.edu/programs/phd/Working-paper-series/Year-1999/G.Camera11-1999.pdf
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    Paper provided by Purdue University, Department of Economics in its series Purdue University Economics Working Papers with number 1124.

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    Length: 39 pages
    Date of creation: Nov 1999
    Date of revision:
    Handle: RePEc:pur:prukra:1124
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    Web page: http://www.krannert.purdue.edu/programs/phd

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    1. Edward J. Green & Warren Weber, 1996. "Will the New $100 Bill Decrease Counterfeiting?," Macroeconomics 9609003, EconWPA, revised 11 Sep 1996.
    2. Li, Yiting & Wright, Randall, 1998. "Government Transaction Policy, Media of Exchange, and Prices," Journal of Economic Theory, Elsevier, vol. 81(2), pages 290-313, August.
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