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Keyword: fiat chrysler;
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Machines cannot fully replace people even in a high-tech industry like car-making. That is one of the conclusions of research which uses the example of the newly merged transatlantic car-maker Fiat Chrysler to debunk a n...Read more...
Giorgio Barba Navaretti, Gianmarco I. P. Ottaviano and Maria Teresa Trentinaglia
3 October 2014
A common belief among monetary theorists is that monetary equilibria are tenuous due to the intrinsic uselessness of fiat money (Wallace (1978)). In this article we argue that the tenuousness of monetary equilibria vanis...Read more...
Luis Araujo and Bernardo Guimaraes