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We propose a “dominant currency paradigm” with three key features: dominant currency pricing, pricing complementarities, and imported inputs in production.
G. Gopinath +5 more
semanticscholar +1 more source
Hong Kong’s Currency and Monetary Policy [PDF]
This literature review is a synopsis of what has been written on the currency and monetary policy of Hong Kong since its relinquishment from Great Britain in 1999.
Richard Fast
doaj +1 more source
LEGAL REGULATION ISSUES OF CRYPTOCURRENCY CIRCULATION IN UKRAINE [PDF]
The aim of the article is a comparative legal study of laws and regulations that determine the legal principles for the regulation of cryptocurrency circulation in some foreign countries and in Ukraine and, on this basis, a definition of ways to improve ...
Vasyl Rossikhin +2 more
doaj +1 more source
Emerging Market Economy Exchange Rates and Local Currency Bond Markets Amid the COVID-19 Pandemic
Borrowing through domestic currency bonds has not insulated emerging market economies (EMEs) from the financial shock unleashed by Covid-19; EME local currency bond spreads spiked amid sharp currency depreciations and capital outflows.
Boris Hofmann, Ilhyock Shim, H. Shin
semanticscholar +1 more source
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
doaj +1 more source
Banking, Trade, and the Making of a Dominant Currency*
We explore the interplay between trade-invoicing patterns and the pricing of safe assets in different currencies. Our theory highlights the following points: (i) a currency’s role as a unit of account for invoicing decisions is complementary to its ...
G. Gopinath, Jeremy C. Stein
semanticscholar +1 more source
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
doaj +1 more source
Central bank digital currency: Central banking for all?
The introduction of a central bank digital currency (CBDC) allows the central bank to engage in large-scale intermediation by competing with private financial intermediaries for deposits.
Jesús Fernández-Villaverde +6 more
semanticscholar +1 more source
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
doaj +1 more source
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
doaj +1 more source

