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Contribution Details

Type Working Paper
Scope Discipline-based scholarship
Title The Coexistence of Commodity Money and Fiat Money
Organization Unit
Authors
  • Olivier Ledoit
  • Sébastien Lotz
Language
  • English
Institution University of Zurich
Series Name Working paper series / Department of Economics
Number No. 24
ISSN 1664-7041
Date 2011
Abstract Text In reaction to the monetary turmoil created by the financial crisis of September 2008, both legislative and constitutional reforms have been proposed in different Countries to introduce Commodity Money alongside existing National Fiat Currency. A thorough evaluation of the Economic consequences of these new proposals is warranted. This paper surveys some of the existing knowledge in Monetary and Financial Economics for the purpose of answering the significant Economic questions raised by these new political initiatives.
Official URL http://www.econ.uzh.ch/static/wp/econwp024.pdf
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Keywords Geldpolitik, Währungskrise, Währungswettbewerb