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. The benefits and costs of the producers (central banks/governments) and the consumers (citizens) of money are discussed …
Persistent link: https://www.econbiz.de/10005744768
Until recently, the trend in world capital markets has been toward increasing "globalization." Recent events in Latin America and Asia have forced a rethinking of the desirability of unrestricted world capital flows. In this paper we ask whether simple restrictions on capital mobility can...
Persistent link: https://www.econbiz.de/10010397545
Persistent link: https://www.econbiz.de/10005361302
Until recently, the trend in world capital markets has been toward increasing “globalization.” Recent events in Latin America and Asia have forced a rethinking of the desirability of unrestricted world capital flows. In this paper we ask whether simple restrictions on capital mobility can...
Persistent link: https://www.econbiz.de/10005721759
Persistent link: https://www.econbiz.de/10011341272
controversies over the contradictory ?laws of motion? of capitalism and the very nature of capitalist money in the wake of the …
Persistent link: https://www.econbiz.de/10009482274
Persistent link: https://www.econbiz.de/10012418911
Persistent link: https://www.econbiz.de/10011762854
We investigate the role of financial dollarization in the determination of real interest rates in emerging economies … its low degree of financial dollarization and very high real interest rates. The estimated model is unable to explain the … through improvements in fundamentals that lead to investment-grade status rather than through financial dollarization. …
Persistent link: https://www.econbiz.de/10005263759
"This book traces the role of money in the creation of the state. From US independence to the establishment of the EU … rational attitude toward money as a means of transactions rather than as a symbol of national identity." …
Persistent link: https://www.econbiz.de/10012488380