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"Collection of papers and presentation slides on the subject of digital (crypto)currencies Article contributors are experts with much seniority and experience in their respective fields, and who hail from established and prestigious research institutions Examines the emerging field of private...
Persistent link: https://www.econbiz.de/10012254183
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
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for fiat currency in North America (and maybe beyond): the little-known example of the Massachusetts colony at the end of … Americans invented modern money by shifting money's foundation from intrinsically valuable goods to the authority of the state … currency you can use to pay for x things, so use this money. Goldberg's narrative traces how this happy accident has grown into …
Persistent link: https://www.econbiz.de/10013279688
government regulation might be an audited ISO accreditation standard for “good currency” or “good common tender” …
Persistent link: https://www.econbiz.de/10013251387
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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
Persistent link: https://www.econbiz.de/10003413273
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