TY  - BOOK
AU  - Rogoff,Kenneth S.
TI  - The curse of cash
SN  - 9780691178363 (paperback)
AV  - HG 350 R735c 2017
U1  - 332.4 
PY  - 2017///
CY  - Princeton
PB  - Princeton University Press
KW  - Paper money
KW  - Money
KW  - Dinero
KW  - Currency question
KW  - Monetary policy
KW  - Política monetaria
KW  - Tasas de interés
KW  - Papel moneda
KW  - Cuestión monetaria
N1  - Includes bibliographical references (pages 233-272) and index; Preface ix 1 Introduction and Overview 1 PART I: The Dark Side of Paper Currency: Tax and Regulatory Evasion, Crime, and Security Issues 2 The Early Development of Coins and Paper Currency 15 3 Size and Composition of Global Currency Supplies, and the Share Held Abroad 31 4 Holdings of Currency in the Domestic, Legal, Tax-Paying Economy 48 5 Currency Demand in the Underground Economy 58 6 Seigniorage 80 7 A Plan for Phasing Out Most Paper Currency 92 PART II: Negative Interest Rates 8 The Cost of the Zero Bound Constraint 119 9 Higher Inflation Targets, Nominal GDP, Escape Clauses, and Fiscal Policy 147 10 Other Paths to Negative Interest Rates 158 11 Other Possible Downsides to Negative Nominal Policy Rates 175 12 Negative Interest Rates as a Violation of Trust and a Step Away from Rule-Based Systems 182 PART III: International Dimensions and Digital Currencies 13 International Dimensions to Phasing Out Paper Currency 199 14 Digital Currencies and Gold 208 Afterword to the Paperback Edition 217 Final Thoughts 237 Acknowledgments 241 Appendix 245 Notes 253 References 277 Index 293
ER  -