"Money is increasingly cheap, digital, and mobile. In Money in the Twenty-First Century, economist Richard Holden … examines the virtues and risks of low interest rates, mobile money, and cryptocurrencies, and explains how these three … come. Holden weaves in the stories of three people who have exerted massive influence over the future of modern money: US …

We develop a generic model of money and liquidity that identifies sources of liquidity bubbles and seignorage rents. We …

We develop a generic model of money and liquidity that identifies sources of liquidity bubbles and seignorage rents. We …

When does a swap between private and public money leave the equilibrium allocation and price system unchanged? To … answer this question, the paper sets up a generic model of money and liquidity which identifies sources of seignorage rents …

Kryptowährungen (z.B. Bitcoin oder Ethereum) herauszuarbeiten. Er zeigt auf, welche Interessen jeweils (z.B.Finanzindustrie, FinTech …

This essay makes the case that current debates about the ‘moneyness’ of Bitcoin and other cryptocurrencies are … occurring at the incorrect scale. Rather than being some form of trans-national digital money to be used alongside or compete … with national fiat currencies, I argue that, instead, each cryptocurrency represents its own self-contained "money …