Results 11 to 20 of about 83,249 (315)
Regional Currency Unions and Supranational Currency [PDF]
Creation of voluntary regional economic alliances of independent countries was an important area of development of the regional and world economy at the end of XX-th century. They arise as a reaction on the dominance of the world’s few national currencies, playing a world level role.
Asaliev, A. M.+2 more
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© The Author 2016. Published by Oxford University Press on behalf of The Society for Financial Studies. All rights reserved. We assess the properties of currency value strategies based on real exchange rates. We find that real exchange rates have predictive power for the cross-section of currency excess returns.
Menkhoff, L+3 more
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A zero-knowledge proof or protocol is a cryptographic technique for verifying private data without revealing it in its clear form. In this paper, we evaluate the potential for zero-knowledge distributed ledger technology to alleviate asymmetry of ...
Sophie Meralli
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Currency boards and currency crises [PDF]
This paper demonstrates how a currency board can become vulnerable to a crisis in which the policymaker is forced to devalue. The model is built from two blocks: first, incomplete information about the devaluation cost faced by the policymaker; and second, unemployment persistence. Incomplete information can result in multiple equilibria.
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Currencies in Resource Theories [PDF]
How may we quantify the value of physical resources, such as entangled quantum states, heat baths or lasers? Existing resource theories give us partial answers; however, these rely on idealizations, like perfectly independent copies of states or exact knowledge of a quantum state. Here we introduce the general tool of “currencies” to quantify realistic
Kraemer, Lea, del Rio, Lídia
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Currency and Its Evolution in the Conditions of Digital Transformation
The article discusses the evolution of the currency in the context of digital transformation. The main forms of fiat money are presented, including their modern development through digital form, as well as distinctive features.
H. N. Kostyukova
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Virtual Currency, Not a Currency?
With public interest in Bitcoin and other virtual currencies continuing to grow, the question of whether virtual currencies are regulated at the Federal level has arisen. The Commodity Futures Trading Commission, in particular, has been aggressive in asserting its regulatory authority over a broad swath of activities and transactions involving virtual ...
Gary E. Kalbaugh, Gary E. Kalbaugh
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Corporate Currency Hedging and Currency Crises [PDF]
We examine the impact of corporate currency hedging on economic stability by introducing hedging activity in a Mundell-Fleming-Tobin framework for analyzing currency and financial crises. The ratio between hedged and unhedged firms is modelled depending on firm size as well as hedging costs.
Andreas Röthig+2 more
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Personalisation as Currency [PDF]
‘Cybercapitalism’, commonly termed ‘digital capitalism’, refers to the Internet, or ‘cyber- space’ and seeks to engage in business models within this territory in order to make financial profit. Cybercapitalism is structured by a highly intricate series of communication networks, which connect us through our participation on social platforms, but ...
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To the issue of cooperation project between Imperial Russian State Papers Manufactory and Partnership of Typography «A. A. Levenson» during the First World War [PDF]
The paper deals with the problems of banknote production of the Imperial Russian State Papers Manufactory (hereinafter — Manufactory) during the First World War.
A. P. Balachenkova, D. I. Petin
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