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hardware scattered across the world. This paper basically discusses on the nature of cryptocurrency & blockchain, how it works …Bitcoin is a digital cryptocurrency that has attracted substantial interest in recent years from the general people … maintains a global, distributed cryptographic ledger of transactions, or blockchain, through a consensus algorithm running on …
Persistent link: https://www.econbiz.de/10012913440
among others reveal that (a) the Central Bank of Nigeria is instrument independents and not goal independent; and (b) fiscal … of inflation-targeting in Nigeria. …
Persistent link: https://www.econbiz.de/10009132736
(DSGE)model estimated on data for Nigeria. …
Persistent link: https://www.econbiz.de/10011108535
Developments in the information and communication technologies have been causing significant changes on the working mechanisms of the economy both at the national and international areas. Some of the developments can be indicated as follows: the dramatic increasing of capital movements amongst...
Persistent link: https://www.econbiz.de/10005617088
Developments in the information and communication technologies have been causing significant changes on the working mechanisms of the economy both at the national and international areas. Some of the developments can be indicated as follows: the dramatic increasing of capital movements amongst...
Persistent link: https://www.econbiz.de/10005789521
The conduct of the monetary policy could be view as a series of decisions in which the objectives and tools are chosen. This paper explores some aspects of the strategic decisions of the monetary policy such as the roles played by central banks and other public authorities, the main constraints...
Persistent link: https://www.econbiz.de/10011259520
A graph representation of the financial relations in a given monetary structure is proposed. It is argued that the graph of debt-liability relations is naturally organized and simplified into a tree structure, around banks and a central bank. Indeed, this optimal graph allows to perform payments...
Persistent link: https://www.econbiz.de/10011262872
The paper shows the advantages and handicaps of implementing an inflation target (IT) regime, from a Post-Keynesian and, thus, an institutional stance. It is Post-Keynesian as long as it does not perceive any benefit in the mainstream split between monetary and fiscal policies. And it is...
Persistent link: https://www.econbiz.de/10005014711
As an innovator in the financial system, China was the first to use paper currency. Eventually the form of currency was held responsible for devastating inflation and was abandoned during the Ming Dynasty. Going forward in time, uprisings and discontent have emphasized the importance of...
Persistent link: https://www.econbiz.de/10009323474
The main objective of the paper in hand is to examine the validity of using Taylor rule as a robust rule for conducting monetary policy in case of Egypt. In this context, the paper works through two main pillars. First: parts two and three; critically analyze the theoretical grounds for using an...
Persistent link: https://www.econbiz.de/10008694037