How Do Private Digital Currencies Affect Government Policy? NBER (2019-09-10)
This paper provides a systematic evaluation of the different types of digital currencies. We express skepticism regarding centralized digital currencies and therefore focus our economic analysis on private digital curren .. more |
Does Bitcoin behave as a currency?: A standard monetary model approach HKIMR (2019-09-10)
We derive the Bitcoin exchange rate dynamics by solving the exchange rate equation of the standard flexible-price monetary model to investigate whether it behaves like a currency. The dynamics is driven by an asymmetric .. more |
Digital Economy Report 2019 UNCTAD (2019-09-10)
The rapid spread of digital technologies is transforming many economic and social activities. While creating many new opportunities, widening digital divides threaten to leave developing countries, and especially least .. more |