Discussion Papers

DP13778 04 June 2019 On the Equivalence of Private and Public Money
Author(s): Markus Brunnermeier, Dirk Niepelt
DP13065 21 July 2018 Reserves For All? Central Bank Digital Currency, Deposits, and their (Non)-Equivalence
Author(s): Dirk Niepelt
DP12755 26 February 2018 Financial Policy
Author(s): Dirk Niepelt
DP12252 29 August 2017 Sovereign Bond Prices, Haircuts and Maturity
Author(s): Romain Rancière, Dirk Niepelt, Tamon Asonuma
DP11482 31 August 2016 Fiscal Federalism, Taxation and Grants
Author(s): Dirk Niepelt, Martin Gonzalez-Eiras