Arbeitspapier
Cyber money as a medium of exchange
Electronic money constitutes (for the time being) the most recent innovation in payment instruments. The extent to which the further spread of electronic money might have consequences for monetary policy depends not least on the actual demand for electronic money. Numerous studies have sought to answer this question. However, those studies deal for the most part with the expected spread of electronic money in over-the-counter (OTC) transactions. As far as further developments in network money are concemed, though, it has not been possible to gain anywhere near as much in the way of insights. This is particularly amazing since from a monetary policy perspective network money, in particular, threatens the central bank's monopoly on money creation ...
- ISBN
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393374735X
- Language
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Englisch
- Bibliographic citation
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Series: Discussion Paper ; No. 1999,05e
- Classification
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Wirtschaft
- Subject
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Elektronisches Geld
Internet
Zahlungsverkehr
Geldnachfragetheorie
Theorie
- Event
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Geistige Schöpfung
- (who)
-
Kabelac, Gabriele
- Event
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Veröffentlichung
- (who)
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Deutsche Bundesbank
- (where)
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Frankfurt a. M.
- (when)
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1999
- Handle
- Last update
-
10.03.2025, 11:42 AM CET
Data provider
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Arbeitspapier
Associated
- Kabelac, Gabriele
- Deutsche Bundesbank
Time of origin
- 1999