The Economic and Geopolitical Effects of the European Union [PDF]
, 2016 The European Union (EU) is one of the largest trade unions in the world and has a substantial impact on the global economic system. This paper discusses the creation of the EU, the establishment of the Euro as the dominant currency, and the diversity ...
Gordon, Jacob S
core +1 more source
Collection of Cryptocurrency Customer-Information: Tax Enforcement Mechanism or Invasion of Privacy? [PDF]
, 2017 After granting permission to the Internal Revenue Service to serve a digital exchange company a summons for user information, the Federal District Court for the Northern District of California created some uncertainty regarding the privacy of ...
Elliott, Austin
core +1 more source
The US dollar and the euro – Deus Ex Machina: The dollar may be our currency, but it’s your problem. EUMA Papers, Vol.5, No.9 April 2008 [PDF]
, 2008 [Introduction]. Until the 19th and mid-20th centuries, economic theory explained that the economic status of a country was represented by the strength of its currency.2 This strength is measured by the exchange rate of one currency vis-á-vis another ...
Lorca-Susino, Maria.
core
Central bank digital currency in small open economies
Latin American Journal of Central BankingThis paper examines how the introduction of Central Bank Digital Currency (CBDC) impacts small open economies (SOE). We build a Two-Agent New Keynesian (TANK) model with financially constrained agents, where both cash and CBDC provide liquidity service ...
Rong Fan, Todd B. Walker, Allan Wright
doaj +1 more source
Money and Central Bank Digital Currency [PDF]
SSRN Electronic Journal, 2019 Money is a financial instrument that fulfills the basic functions as a medium of exchange, unit of account, store of value, and standard of deferred payment. The function as a medium of exchange allows efficient transactions of goods and services among people without forming an inconvenient barter system.
openaire +3 more sources
Best Before? Expiring Central Bank Digital Currency and Loss Recovery
Journal of Money, Credit and BankingPhysical cash enables payments in the absence of electricity or network coverage. Such offline payment functionality promotes the operational resilience and, particularly in developing countries, the accessibility of payments. Central banks are exploring
C. Kahn, Maarten R.C. van Oordt, Yu Zhu
semanticscholar +1 more source
In Jamaica there has been some improvement in electronic banking referred to e- banking worldwide. We are definitely on the road to this ultimate digital revolution.
Peter W Jones
core
Cryptocurrency: History, Advantages, Disadvantages, and the Future [PDF]
, 2019 Cryptocurrency is a digital asset that has seen a large amount of attention within the past five years. Its origin is intriguing to some based upon its newness, yet it has invoked mysticism and skepticism in others.
Rice, Mitchell
core +1 more source
Analysis of the Impact of Central bank Digital Currency on the Demand for Transactional Currency
This paper takes the development of Central bank digital currencies as a perspective, introduces it into the Baumol-Tobin money demand theoretical framework, establishes the transactional money demand model under Central bank Digital Currency, and ...
Song, Ruimin +2 more
core
Adaptive Financial Regulation and RegTech: A Concept Article on Realistic Protection for Victims of Bank Failures [PDF]
, 2016 Frustrated by the seeming inability of regulators and prosecutors to hold bank executives to account for losses inflicted by their companies before, during, and since the financial crisis of 2008, some scholars have suggested that private-attorney ...
Baxter, Lawrence G.
core +2 more sources