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The Institutional Character of Electronic Money Schemes: Redeemability and the Unit of Account

Schmitz, Stefan W. - EconWPA - 2002

A number of commentators have argued that technological innovation is about to change the institutional structure of the retail payments system. Through the potential private issue of currency via new electronic payments systems – electronic money – individuals will create currencies based...

Persistent link: https://www.econbiz.de/10005076672

Carl Menger’s “Money” and the Current Neoclassical Models of Money

Schmitz, Stefan W. - EconWPA - 2002

The paper analyzes three neoclassical models of money with emphasis on the equilibrium concepts employed. It is argued that the neoclassical theories fail to analyze the emergence of the social institution of money. Instead, they focus on the consistency of individual decisions regarding the...

Persistent link: https://www.econbiz.de/10005126420

The Demand for Stored Value Payment Instruments

Ingo, Pippow; Detlef, Schoder - EconWPA - 2002

Due to their functionality, stored value purses based on smart card technology are prominent candidates for being the dominant medium of exchange for micropayments. However, the overall prospects of these payment systems are yet ambiguous, both from the perspective of practice and monetary...

Persistent link: https://www.econbiz.de/10005134968

Doing Without Money: A critical assessment of Woodford's analysis.

Rogers, Colin - EconWPA - 2004

Woodford employs an inter-temporal general equilibrium model to examine the properties of the monetary system as it evolves form the use of a physical medium of exchange to an electronic medium. He presents a structure in which cash as a means of payment can be made to vanish at the limit but...

Persistent link: https://www.econbiz.de/10005412546

Die Auswirkungen von Zahlungsverkehrs¬innovationen auf die Geldpolitik

Schmitz, Stefan W. - EconWPA - 2005

This paper analyses the effects of innovations in retail payment systems on the conduct and implementation of monetary policy. Recent innovations in retail payment systems (access products and electronic money products) are placed in the context of historical institutional change in the...

Persistent link: https://www.econbiz.de/10005412855

Electronic Money, Money, and Banking Intermediation (Monnaie électronique, monnaie et intermédiation bancaire)

Piffaretti, Nadia F. - EconWPA - 2000

Extensive theoretical analysis of electronic money and electronic money systems based on quantum theoretical approach. Fundamental critique to traditional approach to electronic money.

Persistent link: https://www.econbiz.de/10005561263

Power Law Signature in Indonesian Population

Mulianta, Ivan; Situngkir, Hokky; Surya, Yohanes - EconWPA - 2004

The paper analyzes the spreading of population in Indonesia. The spreading of population in Indonesia is clustered in …

Persistent link: https://www.econbiz.de/10005125726

Monitoring Banking Sector Fragility

Kibritcioglu, Aykut - EconWPA - 2002

In the financial crisis literature, it is usually argued that, contrary to the case of currency crises, building a time series index to identify banking crisis episodes is highly difficult, particularly because of the lack of reliable data on banking sector variables (non-performing loans,...

Persistent link: https://www.econbiz.de/10005126447

Household Saving Behavior: The case of rural industry in Bantul

Brata, Aloysius Gunadi - EconWPA - 2004

Indonesia (BRI). This situation could be indicated that banking institution just gives little attention on the rural households …

Persistent link: https://www.econbiz.de/10005134832

Deforestation and Land Use Changes Induced by the East Asian Economic Crisis

Pagiola, Stefano - EconWPA - 2004

affected countries. It focuses on three main countries—Indonesia, Thailand, and the Philippines. The analysis shows that there … continuum of effects, with Indonesia most heavily hit, the Philippines the least so, and Thailand somewhere in between. (b … migration has had a major impact. In Indonesia, the weakening of government authority and enforcement powers is also a major …

Persistent link: https://www.econbiz.de/10005062475