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I am currently conducting research on a digital economy which has recently faced inflation issues and thus implemented monetary policy to tackle them. My paper seeks to compare how real life digital economy works to standard models of monetary policy/ inflation/ interest rates/ etc.

In a nutshell, I want to say where digital economy coincides with theory and where is varies! I'm already looking into quantity theory of money, though I need more economic models/theories.

I am open to any suggestions! Many thanks.

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Basic neoclassical models:

  1. Cash-in-Advance
  2. Money-in-Utility

Check Walsh’s textbook and Blanchard and Fischer’s textbook for some introductory details.

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  • $\begingroup$ Adding to this, OLG models can have monetary equilibrium as well. $\endgroup$
    – Rumi
    Feb 17, 2022 at 11:34

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