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The ibiCash Protocol serves as a mechanism for encapsulating the time value of forests within a currency made up of units which represent the intangible value of 1 hectare of standing forest for the period of a single day in each of the world's ecoregions. At the end of each day, the system...
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This paper builds a DSGE model for a SOE in which the central bank systematically intervenes both the domestic currency bond and the FX markets using two policy rules: a Taylor-type rule and a second rule in which the operational target is the rate of nominal currency depreciation. For this, the...
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This paper builds a DSGE model for a small open economy (SOE) in which the central bank systematically intervenes both the domestic currency bond and the FX markets using two policy rules: a Taylor-type rule and a second rule in which the operational target is the rate of nominal currency...
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