We propose a monetary model with endogenous credit market participation to study the impact of financial inclusion on … inequality and welfare. We find that consumption inequality results from differences in agents' decision to access financial … third of observed consumption inequality. Finally, we analyze various policies aimed at increasing financial inclusion and …

We propose a monetary model with endogenous credit market participation to study the impact of financial inclusion on … inequality and welfare. We find that consumption inequality results from differences in agents' decision to access financial … third of observed consumption inequality. Finally, we analyze various policies aimed at increasing financial inclusion and …

The purpose of this research study has been to expand our understanding of the finance-growth "nexus" to finance-growth-inequality … data for two rounds the study attempts to assess the co-evolution of finance-growth-inequality in an intertemporal … rate of growth of capital asset or income whether source of borrowing is bank or money lender. This is then formalized in a …

We propose a monetary dynamic general equilibrium model with endogenous credit market participation to study the impact … of financial inclusion on welfare and inequality. We find that significant consumption inequality can result from limited … simple model is able to account for approximately a third of the observed consumption inequality. We analyze various policies …

We propose a monetary model with endogenous credit market participation to study the impact of financial inclusion on … inequality and welfare. We find that consumption inequality results from differences in agents' decision to access financial … third of observed consumption inequality. Finally, we analyze various policies aimed at increasing financial inclusion and …

around quantum computing and quantum money. We proceed in three steps. First, we discuss basic concepts in quantum computing …-cloning theorem. Second, we provide an overview of quantum money, an early invention of the quantum communication literature that has … recently been partially implemented in an experimental setting. One form of quantum money offers the privacy and anonymity of …

Money provides liquidity services through a cash-in-advance constraint. The exchange of commodities and assets extends …