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Purpose This study aims to evaluate the role of the prevailing currency systems in achieving (or departing from) the …. Design/methodology/approach After documenting historical developments in currency systems, the study reviews the Islamic … perspective on the matter. Features of an ideal currency system are listed and then a critical evaluation of existing currency …
Persistent link: https://www.econbiz.de/10012517342
government regulation might be an audited ISO accreditation standard for “good currency” or “good common tender” …
Persistent link: https://www.econbiz.de/10013251387
A prominent feature of the Kiyotaki and Wright (1989) model of commodity money is the multiplicity of dynamic equilibria. We show that the frequency of search is strongly related to the extent of multiplicity. To isolate the role of frequency of search in generating multiplicity, we (i) vary the...
Persistent link: https://www.econbiz.de/10008747495
A prominent feature of the Kiyotaki and Wright (1989) model of commodity money is the multiplicity of dynamic equilibria. We show that the frequency of search is strongly related to the extent of multiplicity. To isolate the role of frequency of search in generating multiplicity, we (i) vary the...
Persistent link: https://www.econbiz.de/10013135349
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Brill, Satel, and Viard examine proposals to extend federal and state tobacco taxes to e-cigarettes. They conclude that e-cigarettes should not be subjected to tobacco taxes at this time, because the current medical evidence does not point to any significant adverse health effects
Persistent link: https://www.econbiz.de/10013045001