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New Monetary Solutions in Commemorative Coinage
Matic, Branko - 2008
The author researches a singular monetary situation connected with the common issue of commemorative coin age by two states: Ireland, an EU member state that belongs to the Euro-system, and Croatia, an EU membership candidate. Although they belong to two different monetary systems, the two...
Persistent link: https://www.econbiz.de/10012772128
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Minting Money in an NGO Way
Kumar, Anant - 2014
In the past five-six years, many people, friends, and students showed interest and contacted me to take my advice about opening a Non Government Organisation (NGO). Most of these people were doing well in their life but their hearts were crying to help people and bring change in the society....
Persistent link: https://www.econbiz.de/10013065687
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Economic theory and the Roman monetary economy
Elliott, Colin P. - 2020
"Modern economics tantalizes historians, promising them a set of simple verbal and mathematical formulas to explain and even retrospectively predict historical actions and choices. Colin P. Elliott challenges economic historians to rethink the way they use economic theory. Building upon the...
Persistent link: https://www.econbiz.de/10012136742
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Deintermediation of Money and Modern Coinage
Matic, Branko - 2008
recent coins. Due to their numerous advantages and specific features, such investments are a highly attractive form of money …
Persistent link: https://www.econbiz.de/10012770423
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Coin Assaying and Commodity Money
Bignon, Vincent - 2014
When money was made of gold and silver, individuals faced the problem of determining the intrinsic content of coins in … commodity money system: coin assaying. To that goal we build a model of search and matching in which agents trade using coins … coins for a fee. We consider two sources of imperfect information: counterfeit coins and clipping. With counterfeits we show …
Persistent link: https://www.econbiz.de/10013048035
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Commodity Money Inflation : Theory and Evidence from France in 1350-1436
Sussman, Nathan; Zeira, Joseph - 2004
This paper presents a theory of inflation in commodity money and supports it by evidence from inflationary episodes in France during the fourteenth and fifteenth centuries. The paper shows that commodity money can be inflated similarly to fiat money through repeated debasements, which act like...
Persistent link: https://www.econbiz.de/10014076012
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Coin Assaying and Commodity Money
Bignon, Vincent; Dutu, Richard - 2008
system. We build a model in which money is made of precious metal coins, yet its intrinsic quality is imperfectly … - known as coin assaying - that fully reveals the quality of coins to sellers. We show that the two inefficiencies associated … this technology. We characterize pure and mixed strategy equilibria in which agents certify their coins, and show that …
Persistent link: https://www.econbiz.de/10014213390