Arbeitspapier
The international supply of reserve currency
This paper provides insights into the historical inefficiencies and instabilities of the international monetary system. These inefficiencies are primarily linked to the limited supply of international liquidity and wedges in various money-market rates. The instabilities encompass both macroeconomic and financial aspects, particularly focusing on the challenges of stabilizing inflation and economic activity. Innovations stemming from the competition of cryptocurrencies and the associated blockchain technology hold the potential for improving these outcomes.
- Language
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Englisch
- Bibliographic citation
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Series: Discussion Papers ; No. 23-13
- Classification
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Wirtschaft
- Event
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Geistige Schöpfung
- (who)
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Benigno, Pierpaolo
- Event
-
Veröffentlichung
- (who)
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University of Bern, Department of Economics
- (where)
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Bern
- (when)
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2023
- Handle
- Last update
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10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Benigno, Pierpaolo
- University of Bern, Department of Economics
Time of origin
- 2023
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