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An evolutionary model of the bank size distribution is presented based on the exchange and expansion of deposit money … theory is to regard the creation of money as a slow process compared to exchange processes of deposit money. The exchange of …
Persistent link: https://www.econbiz.de/10010324121
on the idea that the size distribution is the result of the competition between banks for permanent deposit money. The …An evolutionary model of the bank size distribution is presented based on the exchange and creation of deposit money …
Persistent link: https://www.econbiz.de/10010332949
money. Since the early 1930s Hayek had been concerned about the role of money in the theory of production (Hayek, 1931 … information available in the markets, for the purpose of economic calculus. In his view, competition, through the price market … information to correctly manage the money supply. Frederic von Hayek, in fact, restated the relevance of concepts and ideas …
Persistent link: https://www.econbiz.de/10011557602
An evolutionary model of the bank size distribution is presented based on the exchange and expansion of deposit money … theory is to regard the creation of money as a slow process compared to exchange processes of deposit money. The exchange of …
Persistent link: https://www.econbiz.de/10010193850
money. Since the early 1930s Hayek had been concerned about the role of money in the theory of production (Hayek, 1931 … information available in the markets, for the purpose of economic calculus. In his view, competition, through the price market … information to correctly manage the money supply. Frederic von Hayek, in fact, restated the relevance of concepts and ideas …
Persistent link: https://www.econbiz.de/10011534016
An evolutionary model of the bank size distribution is presented based on the exchange and expansion of deposit money … theory is to regard the creation of money as a slow process compared to exchange processes of deposit money. The exchange of …
Persistent link: https://www.econbiz.de/10010956102
We investigate monopolistic tendencies and the intensity of currency competition on the crypto market in the light of … Hayek’s "Denationalization of money". Interestingly, Hayek never considered differentiation and specialization by innovative … private currencies could lead lasting currency competition instead of network effects. We argue that competition between …
Persistent link: https://www.econbiz.de/10013499180
money but it is the organising feature of modern economies, giving rise to both episodes of stability and crises. In … constructing this argument I consider both orthodox and heterodox points of view. We analyse equilibrium models of money, and find … that while money can exist in sequence economies with frictions, models of this type give no justification for its creation …
Persistent link: https://www.econbiz.de/10009465939
recount their relationship as an experiment in novel engagements with economic things (money, corporations, universities … is a specific set of projects around money and payment. The intellectual background is the anthropology of finance and …
Persistent link: https://www.econbiz.de/10010247083
demonstrated that money is a measure of generalized power in exchange and a certification of generalized power in subsequent …
Persistent link: https://www.econbiz.de/10012800890