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 …

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 …

This paper begins by defining, and distinguishing between, money and finance, and addresses alternative ways of …

Prior to the financial crisis mainstream monetary policy practice had become disconnected from money. We outline the … basic rationale for this development using a simple model of money and credit in which we explore the conditions under which … money matters directly for the conduct of policy. Then, drawing on Goodfriend and McCallum's (2007) DSGE model, we examine …

This paper begins by defining, and distinguishing between, money and finance, and addresses alternative ways of … global financial crisis, which could be blamed on excessive financialization of the economy. -- Money ; Money of Account … ; State Money ; Chartalism ; Shadow Bank ; Hyman Minsky ; Securitization ; Robert Clower …

allows limited record-keeping and enforcement. An equilibrium with money and credit is shown to exist if the cost of using …

The properties of money commonly referenced in the economics literature were originally identified by Jevons (1876) and … Menger (1892) in the late 1800s and were intended to describe physical currencies, such as commodity money, metallic coins … quantum money. These forms of money have novel properties that have not been studied extensively within the economics …