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Shifting towards a consumer-centered economy and the implications for international trade

Helble, Matthias - 2018

Globalization has radically changed the way in how goods and services are produced. The impact of globalization on production has been driven mainly by two determinants: In a first phase, a quick fall in transportation costs between countries and in a second, more recent phase, a drastic...

Persistent link: https://www.econbiz.de/10011797425

Payment systems and the central bank

Lempinen, Urho V.; Lilja, Reija - 1989

Persistent link: https://www.econbiz.de/10000770624

Transferability, finality and debt settlement

Kahn, Charles M.; Roberds, William - In: Journal of monetary economics 54 (2007) 4, pp. 955-978

Persistent link: https://www.econbiz.de/10003465252

Communal responsibility and the coexistence of money and credit under anonymous matching

Boerner, Lars; Ritschl, Albrecht - 2011

Persistent link: https://www.econbiz.de/10008859106

Payment systems

McAndrews, James Joseph; Nosal, Ed; Rocheteau, Guillaume - In: Annual review of financial economics 3 (2011), pp. 259-287

Persistent link: https://www.econbiz.de/10009500807

Communal responsibility and the coexistence of money and credit under anonymous matching

Boerner, Lars; Ritschl, Albrecht - 2010 - First draft: June 2006, this version: December 2010

Communal responsibility, a medieval institution studied by Greif (2006), supported the use of credit among European …. Enforceability within each village's centralized afternoon market ensures collateralization of credit in decentralized markets. In … the resulting equilibrium, money and credit coexist in decentralized markets if the use of credit is costly. Our analysis …