The Curse of Cash : : How Large-Denomination Bills Aid Crime and Tax Evasion and Constrain Monetary Policy /

The Curse of Cash : : How Large-Denomination Bills Aid Crime and Tax Evasion and Constrain Monetary Policy / / Kenneth S. Rogoff.

From the New York Times bestselling author of This Time Is Different, "a fascinating and important book" (Ben Bernanke) about the surprising reasons why paper money lies at the heart of many of the world's most difficult problemsThe world is drowning in cash-and it's making us po...

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Bibliographic Details
Superior document:Title is part of eBook package: De Gruyter Princeton University Press Complete eBook-Package 2017
VerfasserIn:
Rogoff, Kenneth S.,
TeilnehmendeR:
Rogoff, Kenneth S.
Place / Publishing House:Princeton, NJ : : Princeton University Press, , [2017]
©2017
Year of Publication:2017
Language:English
Online Access:
Physical Description:1 online resource (320 p.) :; 30 line illus.
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Table of Contents:
  • Frontmatter
  • CONTENTS
  • PREFACE
  • Chapter 1: Introduction and Overview
  • PART I: The Dark Side of Paper Currency: Tax and Regulatory Evasion, Crime, and Security Issues
  • Chapter 2: The Early Development of Coins and Paper Currency
  • Chapter 3: Size and Composition of Global Currency Supplies, and the Share Held Abroad
  • Chapter 4: Holdings of Currency in the Domestic, Legal, Tax- Paying Economy
  • Chapter 5: Currency Demand in the Underground Economy
  • Chapter 6: Seigniorage
  • Chapter 7: A Plan for Phasing Out Most Paper Currency
  • PART II: Negative Interest Rates
  • Chapter 8: The Cost of the Zero Bound Constraint
  • Chapter 9: Higher Inflation Targets, Nominal GDP, Escape Clauses, and Fiscal Policy
  • Chapter 10: Other Paths to Negative Interest Rates
  • Chapter 11: Other Possible Downsides to Negative Nominal Policy Rates
  • Chapter 12: Negative Interest Rates as a Violation of Trust and a Step Away from Rule- Based Systems
  • PART III: International Dimensions and Digital Currencies
  • Chapter 13: International Dimensions to Phasing Out Paper Currency
  • Chapter 14: Digital Currencies and Gold
  • Afterword to the Paperback Edition
  • Final Thoughts
  • Acknowledgments
  • Appendix
  • Notes
  • References
  • Index

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