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Strategic digitization in currency and payment competition
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Strategic digitization in currency and payment competition (2025)Strategic digitization in currency and pa…Should Central Banks Issue Digital Currency? (2022)Should Central Banks Issue Di…Banking, Trade, and the Making of a Dominant Currency (2020)Banking, Trade, and the Makin…Assessing the Impact of Central Bank Digital Currency on Private Banks (2020)Assessing the Impact of Centr…Some simple bitcoin economics (2019)Some simple bitcoin economicsOn the equivalence of private and public money (2019)On the equivalence of private…A Model of the International Monetary System* (2017)A Model of the International …The Limits of Price Discrimination (2015)The Limits of Price Discrimin…Intermediary Asset Pricing (2013)Intermediary Asset PricingThe Aggregate Demand for Treasury Debt (2012)The Aggregate Demand for Trea…A Unified Framework for Monetary Theory and Policy Analysis (2005)A Unified Framework for Monet…Option Exercise Games: An Application to the Equilibrium Investment Strategies of Firms (2002)Option Exercise Games: An App…The Strategic Exercise of Options: Development Cascades and Overbuilding in Real Estate Markets (1996)The Strategic Exercise of Opt…Investment Under Uncertainty. (1994)Investment Under Uncertainty.A Model of Growth Through Creative Destruction (1992)A Model of Growth Through Cre…Preemption and Rent Equalization in the Adoption of New Technology (1985)Preemption and Rent Equalizat…The Value of Waiting to Invest (1982)The Value of Waiting to InvestTheory of Rational Option Pricing (1973)Investment under Uncertainty (1994)Real and Financial Industry Booms and Busts (2010)Dynamic Models and Structural Estimation in Corporate Finance (2012)The Effect of Uncertainty on Investment: Evidence from Texas Oil Drilling (2014)Capital Theory and Investment Behavior (1963)Option pricing when underlying stock returns are discontinuous (1976)Irreversibility, Uncertainty, and Cyclical Investment (1980)Conditional Heteroskedasticity in Asset Returns: A New Approach (1991)Joint Ventures and the Option to Expand and Acquire (1991)Operating Flexibility, Global Manufacturing, and the Option Value of a Multinational Network (1994)Are Government Bonds Net Wealth? (1974)ON THE PRICING OF CORPORATE DEBT: THE RISK STRUCTURE OF INTEREST RATES* (1974)Modeling Term Structures of Defaultable Bonds (1999)A Macroprudential Approach to Financial Regulation (2011)Monetary Policy as Financial Stability Regulation (2012)The Deposits Channel of Monetary Policy* (2017)Rational cooperation in the finitely repeated prisoners' dilemma (1982)Reputation and imperfect information (1982)The Folk Theorem in Repeated Games with Discounting or with Incomplete Information (1986)First-mover advantages (1988)Vertical Integration and Market Foreclosure (1990)A Real Options Logic for Initiating Technology Positioning Investments (1997)Increasing Returns and Long-Run Growth (1986)On the mechanics of economic development (1988)Finance, entrepreneurship and growth (1993)Capitalism, Socialism and Democracy (1997)Endogenous Growth Theory (2018)The Race between Man and Machine: Implications of Technology for Growth, Factor Shares, and Employment (2018)On the Indeterminacy of Equilibrium Exchange Rates (1981)Recursive Macroeconomic Theory (2000)Risks and Returns of Cryptocurrency (2018)Cryptocurrencies: Stylized facts on a new investible instrument (2019)Equilibrium Bitcoin Pricing (2023)Asset Prices in an Exchange Economy (1978)Agency Costs, Net Worth, And Business Fluctuations (1988)Credit Cycles (1997)Financial Intermediaries and the Cross‐Section of Asset Returns (2014)Dilemma not Trilemma: The Global Financial Cycle and Monetary Policy Independence (2015)Optimal fiscal and monetary policy in an economy without capital (1983)Indivisible labor and the business cycle (1985)Recursive Methods in Economic Dynamics (1989)Money in Search Equilibrium, in Competitive Equilibrium, and in Competitive Search Equilibrium (2004)The Econometrics of DSGE Models (2009)The Stochastic Behavior of Commodity Prices: Implications for Valuation and Hedging (1997)The Value Premium (2005)Policy Uncertainty and Corporate Investment (2015)Challenges to the practical implementation of modeling and valuing real options (1998)Real Estate “Cycles”: Some Fundamentals (1999)Macroeconomics and housing: a review of the literature (2004)
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References

  • 1994Investment Under Uncertainty.9,497 cited
  • 1992A Model of Growth Through Creative Destruction7,458 cited
  • 1982The Value of Waiting to Invest3,606 cited
  • 2012The Aggregate Demand for Treasury Debt1,591 cited
  • 2005A Unified Framework for Monetary Theory and Policy Analysis1,525 cited
  • 2013Intermediary Asset Pricing1,401 cited
  • 1985Preemption and Rent Equalization in the Adoption of New Technology908 cited
  • 1996The Strategic Exercise of Options: Development Cascades and Overbuilding in Real Estate Markets632 cited
  • 2002Option Exercise Games: An Application to the Equilibrium Investment Strategies of Firms600 cited
  • 2019Some simple bitcoin economics418 cited
  • 2020Assessing the Impact of Central Bank Digital Currency on Private Banks395 cited
  • 2019On the equivalence of private and public money356 cited
  • 2015The Limits of Price Discrimination355 cited
  • 2020Banking, Trade, and the Making of a Dominant Currency313 cited
  • 2022Should Central Banks Issue Digital Currency?298 cited
  • 2017A Model of the International Monetary System*

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