We analyze the repercussions of different kinds of uncertainty on cash demand, including uncertainty of cashless … on a comprehensive literature survey and complemented by case studies, we derive a classification scheme how cash … domestic and international cash as well as between transaction and store of value balances. Hereby, we focus on the stabilizing …

currency or an international central bank. This paper focuses on Hayek’s overall philosophy on international money mechanism … bank and his concerned over unstable arrangements in money mechanism,which, he believes, profoundly affects economic and …

ABSTRACTThis paper considers the question: - In face of changes in the demand for money resulting from an increase in … for a normative conclusion about the convenience of a monetary regime with a State monopoly of the money supply, forced … legal tender and central bank versus the alternative of competitive money supply.RESUMEN¿ANTE LOS CAMBIOS EN LA DEMANDA DEL …

the demand for money. Exogeneous or endogenous money supply? The different positions taken in the literature on the …

There is much in our increasingly digitized economies to suggest that the use of cash should fall. However, in almost … developing countries and an extensive set of possible explanatory variables to estimate panel regressions for cash demand. In … new finding is that our estimations point to a negative relationship between cash and corruption, and between cash and …

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 …

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 …

inception of the euro. We derive a money demand equation that incorporates housing wealth and collateral as well as substitution … effects on real money holdings. Empirically, we show that cross-country differences in real balances are determined not only … by income differences, a standard determinant of money demand, but also by house price developments. Higher house prices …

inception of the euro. We derive a money demand equation that incorporates housing wealth and collateral as well as substitution … effects on real money holdings. Empirically, we show that cross-country differences in real balances are determined not only … by income differences, a standard determinant of money demand, but also by house price developments. Higher house prices …