The sovereign money initiative in Switzerland: an economic assessment

Abstract The sovereign money initiative will be submitted to the Swiss people in 2018. This paper reviews the arguments behind the initiative and discusses its potential impact. I argue that several arguments are inconsistent with empirical evidence or with economic logic. In particular, controlling...

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Bibliographic Details
Main Author: Philippe Bacchetta
Format: Article
Language:English
Published: SpringerOpen 2018-01-01
Series:Swiss Journal of Economics and Statistics
Online Access:http://link.springer.com/article/10.1186/s41937-017-0010-y