Evil Is the Root of All Money

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How researchers see this paper

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Money in the modern economy: an introduction (2014, background): “He contrasts that view with the position of Menger (1892), who proposes a more natural evolution.”
Liquidity: A New Monetarist Perspective (2017, background): “Or, as Kiyotaki and Moore (2001) put it, “The matching models are without doubt ingenious and beautiful.”
The subprime credit crisis and contagion in financial markets (2010, background): “First, Kiyotaki and Moore (2002), Kaminsky, Reinhart, and Vegh (2003), and others describe mechanisms in which negative shocks in one market represent the arrival of economic news that directly affects the collateral values or cash flows associated with securities in other markets.”
Markets contagion during financial crisis: A regime-switching approach☆ (2011, background): “First, Kiyotaki and Moore (2002) propose a theoretical framework within which through a balance-sheet effect, contagion occurs when the collateral value is affected by fluctuations in asset value, and/or when the effect of default works through chains of credit.”