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Alternative monetary regimes : are they operational?

Bibliography: pages 77-82.

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Main Author: Schnadt, Norbert
Other Authors: Whittaker, John
Format: Thesis
Language:English
Published: School of Economics 2015
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access_status_str Open Access
author Schnadt, Norbert
author2 Whittaker, John
author_browse Schnadt, Norbert
Whittaker, John
author_facet Whittaker, John
Schnadt, Norbert
author_sort Schnadt, Norbert
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description Bibliography: pages 77-82.
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institution University of Cape Town (South Africa)
language eng
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license_str Not specified — see source repository
provenance_str_mv Harvested via OAI-PMH from UCTD — University of Cape Town Open Access Repository
publishDate 2015
publishDateRange 2015
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publisher School of Economics
publisherStr School of Economics
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source_str UCTD — University of Cape Town Open Access Repository
spelling oai:open.uct.ac.za:11427/15977 Alternative monetary regimes : are they operational? Schnadt, Norbert Whittaker, John Money Money market Bibliography: pages 77-82. Although the proposed alternative monetary regimes have received critical attention from White (1984), McCallum (1985), O' Driscoll ( 1987) and Hoover ( 1988), we are not aware of any systematic and coherent critical appraisal. The main motivation for this paper is that neither the originators nor the critics seem thus far to have provided satisfactory treatments of the 'operationality' of the above proposals. Considering that most of the proposed payments systems are forwarded as potential alternatives to existing fiat currency systems, this is a serious shortcoming. For each proposed payments system that this paper considers, the analytical method which is adopted for this objective is as follows: (I) The institutional arrangements defining the proposed payments system are specified. (II) This payments system is then embedded in an economy in which pricing decisions are made by agents in decentralised markets. 2015-12-28T06:06:11Z 2015-12-28T06:06:11Z 1990 Master Thesis Masters MCom http://hdl.handle.net/11427/15977 eng application/pdf School of Economics Faculty of Commerce University of Cape Town
spellingShingle Money
Money market
Schnadt, Norbert
Alternative monetary regimes : are they operational?
thesis_degree_str Master's
title Alternative monetary regimes : are they operational?
title_full Alternative monetary regimes : are they operational?
title_fullStr Alternative monetary regimes : are they operational?
title_full_unstemmed Alternative monetary regimes : are they operational?
title_short Alternative monetary regimes : are they operational?
title_sort alternative monetary regimes are they operational
topic Money
Money market
url http://hdl.handle.net/11427/15977
work_keys_str_mv AT schnadtnorbert alternativemonetaryregimesaretheyoperational