Showing 1 - 10 of 7,094
The quantum money (q-money) as a possible convenient, socially innovative, technologically attractive and user … a number of topics: 1. The historical evolution of the money in the financial systems within the economies of the scales … and scopes over the centuries. 2. The definition on the electronic money in the financial systems within the economies of …
Persistent link: https://www.econbiz.de/10013011623
threatened central banks money and their role in the monetary system. Meanwhile, central banks have been studying and launching … challenges the boundaries of money. In light of El Salvador experience, we consider different points of view on the nature of … money allowing us to reject or to include Bitcoin and cryptocurrencies inside money spectrum …
Persistent link: https://www.econbiz.de/10014254340
rather a practical reflection on the optimal economic policies resting on an in-depth understanding of money and credit …The theory of endogenous money is the cornerstone of Post-Keynesian economics, which dates back to the pioneering … attempt to provide an alternative theoretical framework to the unsatisfactory IS/LM model, which assumed an exogenous money …
Persistent link: https://www.econbiz.de/10012709217
The properties of money commonly referenced in the economics literature were originally identified by Jevons (1876) and … Menger (1892) in the late 1800s and were intended to describe physical currencies, such as commodity money, metallic coins … quantum money. These forms of money have novel properties that have not been studied extensively within the economics …
Persistent link: https://www.econbiz.de/10012660126
The current discussion about the future of the financial system draws heavily on a set of theories known as the ‘New Monetary Economics’. The New Monetary Economics predicts that deregulation and financial innovation will lead to a moneyless world. This paper uses a market microstructure...
Persistent link: https://www.econbiz.de/10010206380
This paper begins by defining, and distinguishing between, money and finance, and addresses alternative ways of … global financial crisis, which could be blamed on excessive financialization of the economy. -- Money ; Money of Account … ; State Money ; Chartalism ; Shadow Bank ; Hyman Minsky ; Securitization ; Robert Clower …
Persistent link: https://www.econbiz.de/10008906555
This paper begins by defining, and distinguishing between, money and finance, and addresses alternative ways of …
Persistent link: https://www.econbiz.de/10013128521
money theory describes a monetary economy correctly in principle, but it is incomplete without the above-mentioned credit …. Its novelty is providing an alternative credit supply function that represents planned savings. Further, the model is …
Persistent link: https://www.econbiz.de/10012856124
The concept of money is regarded as difficult and complex. Today, lawyers leave the discussion of money to economists …. Economists see money as a creation of the law and quietly presuppose its existence, so much so that money has disappeared as a …-tier system of money creation and the money multiplication within the fractional reserve banking system, that money is an unusual …
Persistent link: https://www.econbiz.de/10013045256
stationary strategies and some participants notoriously refuse to accept money then due to negative reciprocity their behavior …
Persistent link: https://www.econbiz.de/10014096359