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单词 fiat money
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Examples offiat money

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A principal reason for the above consequence is that dynamic insurance contracts compete withfiatmoneyin terms of intertemporal allocation.
From theCambridge English Corpus
An infinite sequence of generations allows a government to issuefiatmoneyhanded from one generation to another.
From theCambridge English Corpus
This suggests a need for centralized institutions to support the circulation offiatmoney, which is what seems to have happened historically.
From theCambridge English Corpus
This paper reconsiders the transition from barter tofiatmoneywhen prices are determined endogenously by the strategic bargaining process.
From theCambridge English Corpus
Therefore, if a sufficient amount offiatmoneyis supplied, the fixed asset (land) need not play the role of commodity money in the equilibrium.
From theCambridge English Corpus
Both young and middle-aged consumers may holdfiatmoneym, the value of which depreciates with a rate of inflation each period.
From theCambridge English Corpus
Of course, iffiatmoneyhad superior storability (or some other superior intrinsic property), presumably it could be valued.
From theCambridge English Corpus
Proposition 3 gives an example of how a penalty-rate policy can be useful in afiatmoneysystem. 10.
From theCambridge English Corpus
In a version of that model, traders were always willing to acceptfiatmoney, an object that was both universally accepted and easily storable.
From theCambridge English Corpus
The goal of this paper is to examine the importance of prices in understanding the transition from barter tofiatmoneyand its possible breakdown.
From theCambridge English Corpus
The uncertainty in the transition tofiatmoneyimplies a longer transition path, accompanied by a higher expected inflation along the transition.
From theCambridge English Corpus
However, we assume that the money in the model is unbackedfiatmoney.
From theCambridge English Corpus
Neither rule comes close to what we observe in real-world economies withfiatmoney.
From theCambridge English Corpus
In addition to labor output, there is one other good:fiatmoney, issued by the government.
From theCambridge English Corpus
It is a pure endowment economy withfiatmoney.
From theCambridge English Corpus
Simulations of the environment with constant money supply converge to the stationary equilibrium in whichfiatmoneyis valued.
From theCambridge English Corpus

These examples are from corpora and from sources on the web. Any opinions in the examples do not represent the opinion of the Cambridge Dictionary editors or of Cambridge University Press or its licensors.

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更新时间:2024/12/28 1:53:28