What do we know about Currency Competition?

Hellwig, Martin F.

doi:10.3790/schm.105.5.565

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Hellwig, M. What do we know about Currency Competition?. Journal of Contextual Economics – Schmollers Jahrbuch, 105(5), 565-588. https://doi.org/10.3790/schm.105.5.565

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What do we know about Currency Competition?

Hellwig, Martin F.

Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 105 (1985), Iss. 5 : pp. 565–588

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Publisher Name: Duncker & Humblot
DOI: https://doi.org/10.3790/schm.105.5.565
Language: Multiple languages
Pages: 24

Hellwig, Martin F.

Cited By

Competing Currencies: The Case for Free Entry

Vaubel, Roland

Journal of Contextual Economics – Schmollers Jahrbuch, Vol. 106 (1986), Iss. 6 P.623
https://doi.org/10.3790/schm.106.6.623 [Citations: 0]
E-money, risk-sharing, and welfare
Carli, Francesco | Uras, Burak R.
European Economic Review, Vol. 169 (2024), Iss. P.104832
https://doi.org/10.1016/j.euroecorev.2024.104832 [Citations: 0]

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Section Title	Page	Action	Price
Martin F. Hellwig: What do we know about Currency Competition?	565
1. Inside versus Outside Money	566
2. Competition among Outside Monies	569
3. External Effects in Money Demand	572
4. The Supply of Outside Paper Money under Binding Precommitments	574
4.1 Private Monopoly	574
4.2 Actual Competition	577
4.3 Potential Competition	578
5. The Problem of Time Inconsistency	579
6. Competition among Inside Monies	583
6.1 Uncertainty and Product Heterogeneity	584
6.2 Moral Hazard and Bankruptcy	584
6.3 Moral Hazard and Time Inconsistency	586
Summary	587
Zusammenfassung	587
References	587

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What do we know about Currency Competition?

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Competing Currencies: The Case for Free Entry

E-money, risk-sharing, and welfare

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