Listagem por autor "Forno, Henrique Dezemone"

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    • Essays on competition and returns of inside money 

      Forno, Henrique Dezemone
      2003
      In an early paper, Cavalcanti and Wallace (2001) showed, using a computable version of Cavalcanti-Wallace model (CW-1999), that optimal regulation induces banks to pay interests, instead of contracting the money supply in ...

    • Money with Bank Networks 

      Cavalcanti, Ricardo de Oliveira; Forno, Henrique Dezemone
      2004-06-01
      We allow banks to choose between two networks in a simple version of the Cavalcanti and Wallace (1999) model of inside money. Members of a network have access to credit but must redeem banknotes issued by other members in ...