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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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Survival of Mycobacterium abscessus complex organisms on coins
Background: To date, there have been no reports on the occurrence of nontuberculous mycobacterial (NTM) organisms (nor tuberculosis [TB]) on money, currency, banknotes, or coins, where these may act as fomites in the potential transmission of ...
John E Moore, Beverley Cherie Millar
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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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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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Hedge your costs: exchange rate risk and endogenous currency invoicing [PDF]
The choice of invoicing currency for trade is crucial for the international transmission of macroeconomic policy. This paper develops a three-country model that endogenizes the choice of invoicing currency and that allows for a share of firms' costs to ...
Novy, Dennis
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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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© 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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zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Alesina, Alberto, Barro, Robert
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PROBLEMS AND WAYS OF USING CRYPTOCURRENCIES IN THE RUSSIAN FEDERATION
В данной статье рассмотрена проблема восприятия нового вида электронных денег – криптовалют, а также неправильная трактовка цифровых финансовых активов, изучаются основные проблемы и возможность использования нового вида финансового актива.
Feitulla N. Verdikhanov +2 more
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Hedging the exchange rate risk in international portfolio diversification : currency forwards versus currency options [PDF]
As past research suggest, currency exposure risk is a main source of overall risk of international diversified portfolios. Thus, controlling the currency risk is an important instrument for controlling and improving investment performance of ...
Maurer, Raimond, Valiani, Shohreh
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