The Curse of Cash

양장본 Hardcover

Rogoff, Kenneth S 저자(글)

Princeton University Press · 2016년 09월 06일

책 소개

From the New York Times bestselling author of This Time Is Different, "a fascinating and important book" (Ben Bernanke) about phasing out most paper money to fight crime and tax evasion--and to battle financial crises by tapping the power of negative interest rates The world is drowning in cash--and it's making us poorer and less safe. In The Curs

작가정보

저자(글) Rogoff, Kenneth S

Kenneth S. Rogoff, the Thomas D. Cabot Professor of Public Policy at Harvard University and former chief economist of the International Monetary Fund, is the coauthor of the New York Times bestseller This Time Is Different: Eight Centuries of Financial Folly (Princeton). He appears frequently in the national media and writes a monthly newspaper column that is syndicated in more than fifty countries. He lives in Cambridge, Massachusetts.

목차

• TABLE OF CONTENTS:
  
  Preface ix
  Chapter 1: Introduction and Overview 1
  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 15
  Chapter 3: Size and Composition of Global Currency Supplies, and the Share Held Abroad 31
  Chapter 4: Holdings of Currency in the Domestic, Legal, Tax-Paying Economy 48
  Chapter 5: Currency Demand in the Underground Economy 58
  Chapter 6: Seigniorage 80
  Chapter 7: A Plan for Phasing Out Most Paper Currency 92
  PART II: Negative Interest Rates
  Chapter 8: The Cost of the Zero Bound Constraint 119
  Chapter 9: Higher Inflation Targets, Nominal GDP, Escape Clauses, and Fiscal Policy 147
  Chapter 10: Other Paths to Negative Interest Rates 158
  Chapter 11: Other Possible Downsides to Negative Nominal Policy Rates 175
  Chapter 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
  Chapter 13: International Dimensions to Phasing Out Paper Currency 199
  Chapter 14: Digital Currencies and Gold 208
  Final Thoughts 217
  Acknowledgments 221
  Appendix 225
  Notes 233
  References 257
  Index 273

기본정보

ISBN	9780691172132 ( 0691172137 )
발행(출시)일자	2016년 09월 06일
쪽수	296쪽
크기	163 * 241 * 23 mm / 544 g
총권수	1권
언어	영어