currency of the net - e-Money : potential untapped
AbstractThe paper aims to unravel the future implications of digitized money, i.e. e-Money. The Internet revolution has not left the financial sector untouched. e-Money shall be its fallout. The paper explores the impact of e-Money envisaged on businesses and monetary transactions as a whole. The infinite time divisibility of currency on the net shall help e-Money acquire a truly universal character and shall make it the driver of the global e- economy. This would also considerably affect the control functions of the Central Banks. Keywords: Barter System, e-Money, interest rates, time divisibility of money, universal currency, money multiplier, high-powered money.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by EconWPA in its series Macroeconomics with number 0108001.
Length: 345 pages
Date of creation: 03 Aug 2001
Date of revision:
Note: Type of Document - word; prepared on windows; to print on HP/PostScript/Franciscan monk; pages: 345,395,4323247 ; figures: included/request from author/draw your own. We never published this piece and now we would like to reduce our mailing and xerox cost by posting it.
Contact details of provider:
Web page: http://126.96.36.199
time divisibility of money; granularity;
Find related papers by JEL classification:
- E4 - Macroeconomics and Monetary Economics - - Money and Interest Rates
This paper has been announced in the following NEP Reports:
- NEP-ALL-2001-08-15 (All new papers)
- NEP-IFN-2001-08-15 (International Finance)
- NEP-INO-2001-08-15 (Innovation)
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (EconWPA).
If references are entirely missing, you can add them using this form.