Rogoff, Kenneth S.   1953- <br/><br/>
The curse of cash / 
Kenneth S. Rogoff. 
 - x, 303 pages :  illustrations ;  21 cm 
<br/><br/>Includes bibliographical references (pages 233-272) and index. 
<br/><br/>Preface ix 1 Introduction and Overview 1 PART I: The Dark Side of Paper Currency: Tax and Regulatory Evasion, Crime, and Security Issues 2 The Early Development of Coins and Paper Currency 15 3 Size and Composition of Global Currency Supplies, and the Share Held Abroad 31 4 Holdings of Currency in the Domestic, Legal, Tax-Paying Economy 48 5 Currency Demand in the Underground Economy 58 6 Seigniorage 80 7 A Plan for Phasing Out Most Paper Currency 92 PART II: Negative Interest Rates 8 The Cost of the Zero Bound Constraint 119 9 Higher Inflation Targets, Nominal GDP, Escape Clauses, and Fiscal Policy 147 10 Other Paths to Negative Interest Rates 158 11 Other Possible Downsides to Negative Nominal Policy Rates 175 12 Negative Interest Rates as a Violation of Trust and a Step Away from Rule-Based Systems 182 PART III: International Dimensions and Digital Currencies 13 International Dimensions to Phasing Out Paper Currency 199 14 Digital Currencies and Gold 208 Afterword to the Paperback Edition 217 Final Thoughts 237 Acknowledgments 241 Appendix 245 Notes 253 References 277 Index 293 
<br/><br/> Winner of PROSE Awards: Economics 2017<br/>Long-listed for Financial Times and McKinsey Business Book of the Year Award 2016 
<br/><br/><label>ISBN: </label>9780691178363 (paperback) 0691178364  (paperback) 
<br/><br/><label>LCCN: </label>2016014943 
<br/><br/><label>Subjects--Topical Terms: </label><br/>Paper money.<br/>Money.<br/>Dinero<br/>Currency question.<br/>Monetary policy.<br/>Política monetaria<br/>Tasas de interés <br/>Papel moneda<br/>Cuestión monetaria 
<br/><br/><label>LC Class. No.: </label>HG 350  / R735c 2017 
<br/><br/><label>Dewey Class. No.: </label>332.4