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2018
Recent decades have witnessed the proliferation of monetary instruments that differ, in many respects, from the official currency issued by the central bank and by the regulated banking system, such as local currencies, corporate barter, and mutual credit systems.
Amato, Massimo, Fantacci, Luca
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Recent decades have witnessed the proliferation of monetary instruments that differ, in many respects, from the official currency issued by the central bank and by the regulated banking system, such as local currencies, corporate barter, and mutual credit systems.
Amato, Massimo, Fantacci, Luca
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Two-Currency, Three-Currency and Multi-Currency Arbitrage
2003Arbitrage is generally defined as capitalising on a discrepancy in quoted prices, triggered by the violation of an equilibrium (pricing) condition. It is often the case that arbitrage is portrayed to be a riskless operation, in the sense that all of the decision variables are known when the decision is made, but the process invariably involves risk ...
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IEEE Multimedia, 2003
Provisioning bandwidth in an actuarially consistent manner has many far-reaching implications reminiscent of the commercial rationalization of railways in the 1870s - in that period's path to profitability. Mapping packet flow to willingness to pay, as rail cargo content was matched to the cost of carry, will better utilize bandwidth, enhancing network
S. Moskowitz, N. Dimitrova
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Provisioning bandwidth in an actuarially consistent manner has many far-reaching implications reminiscent of the commercial rationalization of railways in the 1870s - in that period's path to profitability. Mapping packet flow to willingness to pay, as rail cargo content was matched to the cost of carry, will better utilize bandwidth, enhancing network
S. Moskowitz, N. Dimitrova
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Journal of the American Academy of Psychoanalysis, 2001
*Assistant Clinical Professor of Psychiatry, Dept. of Child Psychiatry, Mount Sinai Medical School; and Adjunct Assistant Clinical Professor of Psychiatry, Cornell Medical Center. Versions of this paper were originally given at the William Alanson White Institute on January 19, 2000 and at the American Academy of Psychoanalysis conference in Chicago on
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*Assistant Clinical Professor of Psychiatry, Dept. of Child Psychiatry, Mount Sinai Medical School; and Adjunct Assistant Clinical Professor of Psychiatry, Cornell Medical Center. Versions of this paper were originally given at the William Alanson White Institute on January 19, 2000 and at the American Academy of Psychoanalysis conference in Chicago on
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10th International Conference on Digital and Interactive Arts, 2021
Brian Patrick Franklin, Chris Wille
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Brian Patrick Franklin, Chris Wille
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Strong Currency and Weak Currency
Journal of the Japanese and International Economies, 1998Abstract This paper presents a two-country model in which two currencies compete with each other. There exists an equilibrium in which the two currencies with different rates of inflation circulate as media of exchange despite neither currency being required to be used for transactions. Taxes payable in local currency and asymmetric injection of fiat
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Currency Flows and Currency Crises
CESifo Economic Studies, 2017According to the most common understanding, currency crises are always and everywhere a monetary phenomenon. Based on a formal theoretical model and ample empirical evidence, this article argues instead that currency crises are always and everywhere about external imbalances.
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An Internal Currency and an External Currency
1991States have internal currencies for use in paying bills within their own territory and external currencies which are used for paying overseas debts, currencies that they share with other states and which function as forms of financial intermediary.
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Currency Consolidation and Currency Unions
2011In outlining the ‘tripolar’ options for exchange rate regimes in Chapter 3 we foreshadowed that we would consider controversies over the third polar option — the currency union, including full monetary union — in this chapter. Arguments for the widespread adoption of a common currency, or even a universal global currency, all turn on the idea of ...
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