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Bitcoin is a digital cryptocurrency that has attracted substantial interest in recent years from the general people …, after 2015, it has succeeded to gain even more attention for increase in value and volume of exchange. The Bitcoin system … and present status of bitcoin blockchain in different countries around the world. The various aspects this technology in …
Persistent link: https://www.econbiz.de/10012913440
The paper evaluates the present and future international currency status of the US dollar, the euro and the yen. In section two the functions, benefits, and costs of a leading international currency are discussed. In section three key determinants for the continuous dominance of the US dollar...
Persistent link: https://www.econbiz.de/10013136590
The demand for cash balances of financial intermediaries that establish contractual liabilities with credit-sensitive customers is characterized. As stated by Merton, the success of the business activities of such firms crucially depends on their credit quality, and hence, they are obliged to...
Persistent link: https://www.econbiz.de/10013160192
Savings accounts are owned by most households, but little is known about the performance of households’ investments. We create a unique dataset by matching information on individual savings accounts from the DNB Household Survey with market data on account-specific interest rates and...
Persistent link: https://www.econbiz.de/10011258071
This paper explores the existing pattern and the levels of disparity of the functional financial literacy in the Sri Lankan context. The study, mainly using quantitative data, selected the sample representing the three main settlement types: urban, rural and estate sector using multi-stage...
Persistent link: https://www.econbiz.de/10011113071
There is a consolidated empirical literature providing evidence of the fact that financial literacy, human capital, savings and stock market participation are interconnected decisions. However, to the best of our knowledge, a theoretical explanation of such connections is missing. In this paper...
Persistent link: https://www.econbiz.de/10011113360
asymmetry on the shortterm investment decisionmaking of the stock market investors. For this purpose 23item questionnaire was … factors have a significant effect on the shortterm investment decisionmaking. Results also indicate that individual investors …
Persistent link: https://www.econbiz.de/10011071621
Consumers in most countries are generally not well informed about pensions. Both general facts about the structure of the pension system and specific data on their own pension entitlements are lacking. Many people, as a result, might have unrealistic expectations of their retirement incomes. But...
Persistent link: https://www.econbiz.de/10005617152
Adult financial illiteracy is a major problem in the US and elsewhere. Financial fraud and poor performance in managing personal finances go hand in hand. The nation’s bankruptcy and home mortgage foreclosure rates rate have continued to climb despite improving employment opportunities, rapid...
Persistent link: https://www.econbiz.de/10005836096
Frugal expenditure habit is no less important than the basic illiteracies such as reading, writing and arithmetic. Present day youth are seemed to show callous expenditure, being independent, competitive and free-of-behaviour, that eventually lead them perpetually in debt. The present study...
Persistent link: https://www.econbiz.de/10008490465