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Browsing ADEMU Working Papers Series by Subject "Inside money"

Browsing ADEMU Working Papers Series by Subject "Inside money"

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  • Rivero Leiva, David; Rodríguez Mendizábal, Hugo (2018-03)
    This paper incorporates endogenous money creation into the liquidity mismatch problem of Diamond and Dybvig (1983). We characterize a nominal economy where demandable deposits are created through lending. Depositors use ...

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