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Open Accesshttps://doi.org/10.1016/j.econlet.2024.111927
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Cite Journal: Economics Letters |  Publication Date: Aug 19, 2024 |
 License type: cc-by-nc-nd |
This paper develops a model of money to study interventions by a central bank that can monitor the money holdings of agents. I show that an off-the-equilibrium intervention enhances the use of money and stabilizes its values.
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