In this paper we analyse the advantages that the application of blockchain technology brings to accounting information systems (AIS), but also highlight the potential issues with its use. We examine the use of blockchain against the background of the historical evolution of accounting...

This paper discusses the parallel and efficient computation of macroeconomic models, with emphasis on solving sovereign default models. Our motivation is twofold. First, we aim to streamline complex numerical models in a parallel computa- tion fashion. Second, we want to unleash the power of GPU...

This essay examines the idea and potential of a computational approach to theory,' discusses methodological issues raised by such computational methods, and outlines the problems associated with the dissemination of computational methods and the exposition of computational results. We argue that...

Data from nine transition economies in Central and Eastern Europe are used to examine the role of computer adoption for returns to education. As in western economies, computers are adopted most heavily by young, educated, English-speaking workers with the best access to local telecommunications...

Consumer payments in the United States gradually have been shifting away from paper checks for the past several years. Cash use has declined as well, although at a much slower pace. As the number of check payments has decreased, those payments have been replaced with electronic and card...

Purpose - The purpose of the study is to analyze when - while predicting the future price of a financial instrument - we should stop computations and start using this information for the actual investment. Design/methodology/approach - We derive the explicit formulas explaining how the resulting...