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Table Of Contents

I. Introduction
II. The Chicago Plan in the History of Monetary Thought
A. Government versus Private Control over Money Issuance
B. The Chicago Plan
III. The Model under the Current Monetary System
A. Banks
B. Lending Technologies
C. Transactions Cost Technologies
D. Equity Ownership and Dividends
E. Unconstrained Households
F. Constrained Households
G. Unions
H. Manufacturers
I. Capital Goods Producers
J. Capital Investment Funds
K. Government
1. Monetary Policy
2. Prudential Policy
3. Fiscal Policy
4. Government Budget Constraint
L. Market Clearing
IV. The Model under the Chicago Plan
B. Households
C. Manufacturers
D. Government
V. Calibration
VI. Transition to the Chicago Plan
VII. Credit Booms and Busts Pre-Transition and Post-Transition
VIII. Conclusion
References
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IMF - The Chicago Plan Revisited

IMF - The Chicago Plan Revisited

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Published by Tyler E. West

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Published by: Tyler E. West on Nov 06, 2012
Copyright:Attribution Non-commercial

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11/06/2012

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