This paper provides a theoretical analysis of optimal minimum wage policy in a perfectly competitive labor market. We show that a binding minimum wage -- while leading to unemployment -- is nevertheless desirable if the government values redistribution toward low wage workers and if unemployment...

"This book is the second part of Applications and Trends in Fintech, which serves as a comprehensive guide to the advanced topics in fintech, including the deep learning and natural language processing algorithms, blockchain design thinking, token economics, cybersecurity, cloud computing and...

Central to the welfare analysis of income transfer programs is the deadweight loss associated with possible reforms. To aid analytical tractability, its measurement typically requires specifying a simplified model of behavior. We employ a complementary "decomposition" approach that compares the...

This publication aims to assist countries in understanding the specific challenges and opportunities posed by climate change in the agricultural sector in order to increase climate resilience and adapt to climate change. The report presents local-level priorities, informed by stakeholder input,...

Incorporating currencies, payment methods, and protocols that computers use to talk to each other, digital currencies are poised to grow in use and importance. The Handbook of Digital Currency gives readers a way to learn about subjects outside their specialties and provides authoritative...

"Financial Management in the Digital Economy adopts an integrated approach to synthesize the various areas in finance into a consolidated framework and implements the theories and practices in the world of digital economy. The first part of this book extends the fundamentals of asset management...

"The Finance module provides a significant underpinning to the Chartered Fintech Professional (CFtP) qualification. While the topics are familiar to professionals who are traditionally trained in Finance, these topics are required to appreciate the financial problems that technology can help...

"As technologies such as artificial intelligence, big data, cloud computing, and blockchain have been applied to various areas in finance, there is an increasing demand for fintech professionals with the skills and knowledge related to fintech. Knowledge of the technologies involved and finance...