The Big Problem of Small Change Thomas J. Sargent, François R. Velde 2002

サージェント1981
http://nam-students.blogspot.com/2015/07/blog-post_25.html?m=1

The Big Problem of Small Change Thomas J. Sargent, François R. Velde 2002

小額貨幣にかかわる重要な問題

https://nam-students.blogspot.com/2019/11/the-big-problem-of-small-change-thomas.html@

https://love-and-theft-2014.blogspot.com/2021/02/the-big-problem-with-small-change.html?m=1

https://love-and-theft-2014.blogspot.com/2021/02/the-big-problem-with-small-change.html?m=1

• Economics
• Published 2002
• DOI:10.5860/choice.39-6541

The Big Problem of Small Change

• Thomas J. Sargent, François R. Velde

The medieval money supply mechanism implemented a commodity standard throughout the denomination structure by imposing mint and melt points for each coin. Mints stood ready to sell (but not to buy… CONTINUE READING

https://pdfs.semanticscholar.org/e5ad/d1f27d28cb85985469efcb3a7e0df31f9431.pdf?_ga=2.75203922.1109198888.1572738679-273618848.1551325904

齊藤　誠 (@makotosaito0724)
2019/11/03 8:34
通貨史の経済理論的な研究では商品貨幣対国定貨幣という軸はすでに乗り越えられている。Sargent and Velde (2002)をじっくり読めばそれでよい。MMTでクナップやイネスが出てきてなんだか不意打ちを食らうのも、そうした知識が欠落した私達が17世紀末のロックみたく振舞ってしまうからかもしれない。


書評
http://hermes-ir.lib.hit-u.ac.jp/rs/bitstream/10086/19997/1/keizaikenkyu05501086.pdf
小額貨幣に関わる重要な問題