, and the future of cash in various monetary systems, contrasting case studies from China, Japan, Korea, and Singapore with … also of considerable relevance in Asia. Singapore and South Korea, for example, are relatively advanced in the use of … Korea -- Domestic Liquidity Conditions and Monetary Policy Policy and Singapore -- Fully Reserve-backed Money: A Solution to …

This study revisits and tests empirically the Portfolio Theory of Inflation (PTI), which analyzes how the effectiveness … (Bossone, The portfolio theory of inflation and policy (in)effectiveness, 2019). The PTI shows that when an economy is heavily … and policies aimed to stimulate output growth dissipate into domestic currency depreciation and higher inflation, with …