Results 71 to 80 of about 158,144 (209)
Dollarisation and the Underground Economy: Accidental Partners? [PDF]
Monetary methods of measuring the underground economy (UE) in all their variations are traditionally based upon domestic monetary aggregates. In recent times, however, there has been an increasing amount of evidence supporting the thesis that it is ...
Michael Faulend, Vedran Sosic
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The article analyzes the functional features of the US dollar as a global reserve currency, the factors weakening its position in the global monetary and financial system (GMFS), as well as the directions and trends in the development of the monetary ...
V. Ya. Pishchik, P. V. Alekseev
doaj +1 more source
Suppressing Asset Price Inflation: The Confederate Experience, 1861-1865 [PDF]
Confederate monetary reforms encouraged holders of Treasury notes to exchange these notes for bonds by imposing deadlines on their convertibility. We show that Confederate funding acts aimed at precipitating the conversion of currency into bonds did ...
Marc D. Weidenmier +1 more
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Silvio Gesell's Theory and Accelerated Money Experiments [PDF]
Silvio Gesell (1862-1930) proposed a system of stamped money in order to accelerate monetary circulation and to free money from interest. This was part of a global socialist system intended to free economy from rent and interest.
Jérôme Blanc
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Multiple paper monies in Sweden, 1789-1903: Substitution or complementarity? [PDF]
Complementarity of money mean that two or more kinds of monies together fulfil the demand of the users better than they would without the existence of the other(-s). In this paper we study complementarity between paper monies in Sweden.
Engdahl, Torbjörn, Ögren, Anders
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Paradox of monetary profit, shortage of money in circulation & financialisation [PDF]
Over the last four decades, the term “financialisation” has entered economics terminologies to explain the development of capitalist economies in which: a) the rate of profit in the production sector is falling or narrowing relative to that in the financial sector b) profit seeking through financial speculation has grown rapidly among the household and
openaire
Central Bank Credibility and Income Velocity in a Monetary Union [PDF]
The income velocity of circulation has been subject to a trend decline in all the member states of the European Monetary Union since its inception. In this paper, we propose an explanation for this in terms of a measure of the ECB’s inflation fighting ...
Browne, Frank, Kelly, Robert
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Narrow money and transaction technology: new disaggregated evidence [PDF]
This paper analyses the effect of transaction technology innovation on narrow money using Italian data disaggregated at provincial level. In particular, this study assesses the impact of the diffusion of ATMs (automated teller machines) and of POS ...
Columba, Francesco
core +1 more source
The Effect of Inflation Targeting Policies on Dollarization-A Cross-Country Analysis [PDF]
This paper attempts to review the experiences of various dollarized economies from the adoption of an explicit inflation-targeting framework for domestic monetary policy.
Brahma, Dweepobotee
core +1 more source
Regional Debt in Monetary Unions: Is it Inflationary? [PDF]
This paper studies the inflationary implications of interest bearing regional debt in a monetary union. Is this debt simply backed by future taxation with no inflationary consequences?
Cooper, R., Kempf, H., Peled, D.
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