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Government borrowing using bonds with randomly determined returns: Welfare improving randomization in the context of deficit finance

, and . Journal of Monetary Economics, 41 (2): 351--370 (April 1998)

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Optimal Contracts when Enforcement is a Decision Variable, and . Econometrica, 68 (1): 119--134 (Jan 1, 2000)doi: 10.1111/1468-0262.00095.Price discriminating monetary policy : A nonuniform pricing approach. Journal of Public Economics, 35 (3): 385--392 (April 1988)Optimal Contracts when Enforcement is a Decision Variable: A Reply, and . Econometrica, 71 (1): 391--393 (Jan 1, 2003)doi: 10.1111/1468-0262.00404.Government borrowing using bonds with randomly determined returns: Welfare improving randomization in the context of deficit finance, and . Journal of Monetary Economics, 41 (2): 351--370 (April 1998)