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PREPARATION OF ACCOUNTING FINANCIAL REPORTING IN HYPERINFLATIONARY ECONOMIES
Статистика и экономика, 2016 This article discusses some of the issues of preparation of accounting financialreporting in hyperinfl ationary economies, namely, adjustment factors, the purchasing power of money, the adjustment ofboth monetary and non-monetary indicators.
Zinaida P. Arharova
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Purchasing power parity in Mexico since 1933
Latin American Economic Review, 2017 A new approach to cointegration developed by Enders et al. (Cointegration tests using instrumental variables with an example of the U.K. demand for money. Unpublished working paper.
Frederick H. Wallace
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Réflexions sur la nature médiatrice de la monnaie
Revue Interventions Économiques, 2018 Focusing on the vehicular nature of money, this article reminds that the parable of barter (which structure neoclassical theory), as well as neo-chartalist and institutionalist theories, do not grasp the existence of a means of payment, the latter being ...
Jonathan Massonnet
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A nickel ain't worth a dime anymore: the illusion of money and the rapid encoding of its true value.
PLoS ONE, 2013 People often evaluate money based on its face value and overlook its real purchasing power, known as the money illusion. For example, the same 100 Chinese Yuan can buy many more goods in Tibet than in Beijing, but such difference in buying power is ...
Rongjun Yu, Yi Huang
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Mesure de l’utilité marginale et indice de prix chez Ragnar Frisch
Œconomia, 2013 This paper investigates how Ragnar Frisch has grounded econometrics on a specific link between theoretical measurement and empirical measurement. His work on marginal utility of income offers a good example to illustrate his approach.
Ariane Dupont-Kieffer
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The Role of Cryptocurrency in the Sustainable Development of Business
CECCAR Business Review, 2022 Money is a social convention, a method of acquiring various goods and services designed to facilitate a person’s life. Over time, money has taken different forms, from gold coins to fiat coins.
Alina-Mihaela IRIMESCU +1 more
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Copernican Journal of Finance & Accounting, 2013 To be deceived, only or mainly, by nominal monetary categories while undertaking economic decisions, what is called a money illusion, may generate serious economic disturbances.
Robert Huterski
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Other People’s Money: Money’s Perceived Purchasing Power Is Smaller for Others Than for the Self [PDF]
Journal of Consumer Research, 2017 AbstractNine studies find that people believe their money has greater purchasing power than the same quantity of others’ money. Using a variety of products from socks to clocks to chocolates, we found that participants thought the same amount of money could buy more when it belonged to themselves versus others—a pattern that extended to undesirable ...
Polman, E, Effron, D, Thomas, M
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Review Essay: Sound Money without Free Banking: Revisiting Economic Principles
Quarterly Journal of Austrian Economics, 2023 Professor Lawrence H. White is one of the founders of the modern free banking school and a major scholar of monetary theory and history. In _Better Money: Gold, Fiat, or Bitcoin?_ he draws on close to four decades of scholarship to answer the question ...
Kristoffer J. Mousten Hansen
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The purchasing power parity debate [PDF]
, 2004 Originally propounded by the 16th-century scholars of the University of Salamanca, the concept of purchasing power parity (PPP) was revived in the interwar period in the context of the debate concerning the appropriate level at which to re-establish ...
Mark P. Taylor +3 more
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