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12:15 pm
Guillaume ROCHETEAU (University of California at Irvine) “When Money Dies: The Dynamics of Speculative Hyperinflations”
The Macro Seminar: Time: 12:15 pm - 13:30 pm Date: 11th of September 2023 Room 3001 Guillaume ROCHETEAU (University of California at Irvine) "When Money Dies: The Dynamics of Speculative Hyperinflations" Abstract :How fast can a fiat money become valueless? In a continuous-time monetary economy with trading frictions and CRRA preferences, a fiat money under […]
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