Title:

Fiat Money and the Value of Binding Portfolio Constraints

Authors:

Mário Páscoa (U Nova)
Myrian Petrassi (Central Bank of Brazil)
Juan Pablo Torres Martinez (U Chile)

Journal:

Econometric Theory

Year:

2011

Volume:

46

Pages:

189-209

JEL codes:

D53 - Financial Markets
D91 - Intertemporal Consumer Choice; Life Cycle Models and Saving
E42 - Monetary Systems; Standards; Regimes; Government and the Monetary System
G11 - Portfolio Choice; Investment Decisions