Matches in SemOpenAlex for { <https://semopenalex.org/work/W1567279272> ?p ?o ?g. }
Showing items 1 to 73 of
73
with 100 items per page.
- W1567279272 abstract "Abstract We use an overlapping generations model with a risky storage technology to describe a new type of ‘sunspot’ equilibrium characterized by excessive price level volatility and overinvestment in stored goods. The features of this equilibrium lead us to interpret it as involving ‘speculation’ and as arising when banks create excessive quantities of money. This interpretation provides welfare justification for imposing quantity limits on the bank money stock. We argue that the monetary regime established in England under Peel's Act imposed such a quantity limit. Our findings support quantity theorists' traditional view that the possibility of ‘overissue’ provides a rationale for bank regulation." @default.
- W1567279272 created "2016-06-24" @default.
- W1567279272 creator A5018559754 @default.
- W1567279272 creator A5077649520 @default.
- W1567279272 date "1992-02-01" @default.
- W1567279272 modified "2023-09-24" @default.
- W1567279272 title "Bank regulation as an antidote to price level instability" @default.
- W1567279272 cites W1507873547 @default.
- W1567279272 cites W1529982036 @default.
- W1567279272 cites W1995652605 @default.
- W1567279272 cites W2006970892 @default.
- W1567279272 cites W2026559303 @default.
- W1567279272 cites W2044107196 @default.
- W1567279272 cites W2065488690 @default.
- W1567279272 cites W2079406917 @default.
- W1567279272 cites W2087292465 @default.
- W1567279272 cites W2092159233 @default.
- W1567279272 cites W2094763197 @default.
- W1567279272 cites W2100360909 @default.
- W1567279272 cites W2154355044 @default.
- W1567279272 cites W2333889613 @default.
- W1567279272 cites W2799087070 @default.
- W1567279272 doi "https://doi.org/10.1016/0304-3932(92)90026-x" @default.
- W1567279272 hasPublicationYear "1992" @default.
- W1567279272 type Work @default.
- W1567279272 sameAs 1567279272 @default.
- W1567279272 citedByCount "4" @default.
- W1567279272 crossrefType "journal-article" @default.
- W1567279272 hasAuthorship W1567279272A5018559754 @default.
- W1567279272 hasAuthorship W1567279272A5077649520 @default.
- W1567279272 hasConcept C106159729 @default.
- W1567279272 hasConcept C126285488 @default.
- W1567279272 hasConcept C139719470 @default.
- W1567279272 hasConcept C162324750 @default.
- W1567279272 hasConcept C165556158 @default.
- W1567279272 hasConcept C47941915 @default.
- W1567279272 hasConcept C556758197 @default.
- W1567279272 hasConcept C91602232 @default.
- W1567279272 hasConceptScore W1567279272C106159729 @default.
- W1567279272 hasConceptScore W1567279272C126285488 @default.
- W1567279272 hasConceptScore W1567279272C139719470 @default.
- W1567279272 hasConceptScore W1567279272C162324750 @default.
- W1567279272 hasConceptScore W1567279272C165556158 @default.
- W1567279272 hasConceptScore W1567279272C47941915 @default.
- W1567279272 hasConceptScore W1567279272C556758197 @default.
- W1567279272 hasConceptScore W1567279272C91602232 @default.
- W1567279272 hasLocation W15672792721 @default.
- W1567279272 hasOpenAccess W1567279272 @default.
- W1567279272 hasPrimaryLocation W15672792721 @default.
- W1567279272 hasRelatedWork W1504246383 @default.
- W1567279272 hasRelatedWork W1509602071 @default.
- W1567279272 hasRelatedWork W1579134395 @default.
- W1567279272 hasRelatedWork W168943360 @default.
- W1567279272 hasRelatedWork W1975931607 @default.
- W1567279272 hasRelatedWork W1986685637 @default.
- W1567279272 hasRelatedWork W2062321393 @default.
- W1567279272 hasRelatedWork W2079768115 @default.
- W1567279272 hasRelatedWork W2109196812 @default.
- W1567279272 hasRelatedWork W2138401658 @default.
- W1567279272 hasRelatedWork W2151229428 @default.
- W1567279272 hasRelatedWork W2319990900 @default.
- W1567279272 hasRelatedWork W2785091156 @default.
- W1567279272 hasRelatedWork W2996408958 @default.
- W1567279272 hasRelatedWork W3122121706 @default.
- W1567279272 hasRelatedWork W3122817243 @default.
- W1567279272 hasRelatedWork W3125433362 @default.
- W1567279272 hasRelatedWork W3125992187 @default.
- W1567279272 hasRelatedWork W3158656953 @default.
- W1567279272 hasRelatedWork W2340374653 @default.
- W1567279272 isParatext "false" @default.
- W1567279272 isRetracted "false" @default.
- W1567279272 magId "1567279272" @default.
- W1567279272 workType "article" @default.