SEOUL NATIONAL UNIVERSITY · CENTER FOR LAW & ECONOMICS
Center for Law & Economics, Seoul National UniversityCENTER FOR LAW & ECONOMICS
ECONOMICS · RESEARCH RECORD
GlobalMonetary & finance

DP22073 Losing grip? The Quantity Theory of Money under Currency Competition

AT A GLANCE

About this material

This study examines monetary policy under competition between a centrally managed currency (the “Dollar”) and a fixed-supply alternative (the “Peso”). Theory and laboratory evidence

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