The Macroeconomics of De-Cashing PDF
By:Mr.Alexei P Kireyev
Published on 2017-03-27 by International Monetary Fund
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The paper presents a simple framework for the analysis of the macroeconomic implications of de-cashing. Defined as replacing paper currency with convertible deposits, de-cashing would affect all key macroeconomic sectors. The overall macreconomic impact of de-cashing would depend on the balance of growth-enhancing and growth-constraining factors. Starting from a traditional saving-investment balance, the paper develops a four-sector macroeconomic framework. It is purely illustrative and is designed to provide a roadmap for a systematic evaluation of de-cashing. The framework is disaggregated into the real, fiscal, monetary, and external sectors and potential implications of de-cashing are then identified in each sector. Finally, the paper draws a balance on possible positive and negative macroeconomic implications of de-cashing, and proposes policies capable of augmenting its economic and social benefits, while reducing potential costs.
This Book was ranked at 33 by Google Books for keyword Macroeconomics.
Book ID of The Macroeconomics of De-Cashing's Books is mVmuDgAAQBAJ, Book which was written byMr.Alexei P Kireyevhave ETAG "WcuASjpwxQ0"
Book which was published by International Monetary Fund since 2017-03-27 have ISBNs, ISBN 13 Code is 9781475589382 and ISBN 10 Code is 1475589387
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Book which have "26 Pages" is Printed at BOOK under CategoryBusiness and Economics
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