This study examined the effects of mobile money-a recent innovation in Uganda’s financial-sector landscape-on aggregate …

The paper presents the welfare cost of inflation in a banking time economy that models exchange credit through a bank … welfare cost of a 10% inflation rate instead of zero, for comparison to other estimates, as well as the cost of a 2% inflation … rate instead of a zero inflation rate. The zero rate is specified as the US inflation rate target in the 1978 Employment …

the inflation rate, the deviation in real GDP (Gross Domestic Product), the deviation in money supply, the deviation in … weight to the deviation in unemployment rate, and moderate weights are assigned to the deviation in the inflation rate, the … deviation in real GDP, the deviation in money supply, and the deviation in the money velocity. The corresponding sum of squares …

An upward trend in the share of cash in GDP has been observed since the beginning of the 21st century and has not yet … well confirmed as a determinant of the cash/GDP ratio. The novelty of this study is primarily considering new determinants … of the share of cash in GDP (including in particular monetization and financial development), as well as testing the …