The quantum money (q-money) as a possible convenient, socially innovative, technologically attractive and user … a number of topics: 1. The historical evolution of the money in the financial systems within the economies of the scales … and scopes over the centuries. 2. The definition on the electronic money in the financial systems within the economies of …

regulations (which led to a deep decline in the money multiplier). However, there are numerous signs in both the real and …

regulations (which led to a deep decline in the money multiplier). However, there are numerous signs in both the real and …

The paper presents a historical account of the evolution of modern financial systems. It is argued that money supply …

The role of money in society has been a controversial topic in economic theory over many years. Particular attention … has been devoted to the analysis whether there should be competition in the supply of money, or whether this is best left … today we have competition between issuers of money, namely in the international context, with electronic money, and in large …

We define continuous-time dynamics for exchange economies with fiat money. Traders have locally rational expectations … game involving a double-auction with limit-price orders. Money has a positive value except on optimal rest-points where it … nominal variables. Money is not neutral, either in the short-run or long-run, and a localized version of the quantity theory …

the relevant agents, then the hypothesized model is irrelevant. In a modern money regime such as ours in which there is a …

In a recent article, Yermack (2015) argues that bitcoin is not money because it functions poorly as a medium of … classifies an item as money if and only if it functions as a commonly-accepted medium of exchange. Then, we show that the demand … for bitcoin is comparable to the demand for many government-issued monies. Finally, we argue that bitcoin is money …