Search results for " money"

The Possibility of Performing Money Functions by Digital Currencies Illustrated With an Example of Bitcoin

2018

In this paper the considerations on possibility of performing money functions by digital currency with an example of bitcoin are presented. The conditions of bitcoin emerge and its spectacular dynamic development caused by limitations of contemporary financial system are being discussed. This paper introduced one of the most popular digital currencies — bitcoin in terms of three elementary economic functions of money: mean of exchange, measure of value and store of value.

The National Income Between Monetary and Fiscal Actions

2013

Andersen and Jordan (1968) and Andersen (1971) argued that fiscal actions have a negligible effect on nominal income and can not sustain a stable and balanced economic growth. Also, they argued, along with other researchers who have embraced monetarism ideas from the Federal Reserve Bank of St. Louis, that the budget deficit presents negative effects in the economy that limit private investment. In this article, we analyzed the empirical relationship that is established between the tax actions and the long and short term national income in the U.S. economy and the economies of Eurozone.

Fisiologia e patologia della fiscal competition

2017

L’articolo ha ad oggetto gli effetti della fiscal competition, analizzati sotto il duplice aspetto fisiologico e patologico del fenomeno. In primo luogo, esso evidenzia che la fiscal competition è il risvolto naturale (i) della competizione fra Stati e imprese multinazionali, (ii) della globalizzazione economica e (iii) della propensione alla sovranazionalità dei singoli ordinamenti giuridici.Pertanto, innanzitutto, la fiscal competition è sostanzialmente un fenomeno fisiologico. Tuttavia, il presente elaborato evidenzia che la fiscal competition ha effetti negativi su alcuni importanti principi: la sovranità statale, l’equità fiscale e l’efficienza generale del sistema economico. In questo…

Ursula Hicks and Vera Lutz’s Contributions to Development Finance

2018

International audience; This paper analyses the different approaches of two pioneering economists in the field of development finance, Ursula Kathleen Hicks (1896-1985) and Vera Constance Lutz (1912-1976). While research in economics in the 1950s focuses predominantly on finance in already developed countries (Goldsmith, 1969 and Gurley and Shaw, 1955), Hicks and Lutz extended the analysis to developing countries and/or regions – an original initiative for this period of time. Interested in the study of money and banking, Hicks and Lutz nevertheless had different beliefs on the way to promote economic development. This difference of thought comes from differing philosophical backgrounds.

Naruszenie bezpieczeństwa stosowania elektronicznych instrumentów płatniczych w świetle prawa karnego - zagadnienia wybrane

2018

Elektroniczne instrumenty płatnicze znajdują swój początek w powstaniu handlu elektronicznego. Jednak nieustanne poszerzanie sposobów dostępu do środków zgromadzonych na rachunku powoduje, iż zakres elektronicznych instrumentów płatniczych nieustannie się zmienia. Uniwersalność elektronicznych instrumentów płatniczych oraz szeroki zakres sposobów dostępu do środków pieniężnych wpływają na niespotykaną rozpiętość przestępstw – od blokowania kasetki do wydawania pieniędzy w bankomacie, a kończąc na zaawansowanych technologicznie przestępstwach internetowych. Zagrożenie stanowi także szybkość wymiany oraz dostępność informacji dotyczących sposobów popełniania przestępstw, wykorzystywanie luk t…

Advances in mobile financial services: a review of the literature and future research directions

2022

PurposeUsing the theory, construct, method, moderator (TCMM) format, this framework-based review critically analyses the mobile financial services (MFSs) field through a detailed synthesis and analysis of a sample of mainstream empirical research published in various scientific journals within the period 2009–2020.Design/methodology/approachThe authors followed a three-step structured approach suggested by Webster and Watson (2002) to search for the literature to synthesise the global perspectives on MFSs and their associated applications and systems. The literature research resulted in the identification of 115 most relevant articles.FindingsThe authors identified three major categories or…

Examining Consumer Mobile Money Usage Behaviour in Ghana

2018

Mobile money as a driver of digital financial inclusion

2023

Meeting the mobile money needs of the less privileged in developing and emerging markets opens up enormous possibilities for banks and newly emerged financial-technology firms. Many consider mobile money services a separate domain within the banking and payment sector, different from its siblings: automated teller machines, net banking, point-of-sale banking, etc. This study was conducted to investigate how mobile money services act as a reliable driver of digital financial inclusion and to determine the role of mobile money agents in the transformation from the traditional services to mobile money services. This paper presents a conceptual model based on the stimulus-organism-response para…

Customers' Perceived Risk and Trust in Using Mobile Money Services—an Empirical Study of Ghana

2019

Although mobile money (MM) has been explored in the existing literature, the roles of trust and risk in MM use have received little attention from researchers. Furthermore, many of the existing studies have treated these constructs as unidimensional. The extant literature also shows that perceived risk has received little attention from researchers who have conducted studies on MM. Thus, the objective of this study is to examine the roles of trust and perceived risk in customers' intent to adopt MM services in Ghana. Both trust and perceived risk were broken down into various dimensions. The study involved 671 respondents who were selected via an intercept approach and an online survey. Str…

Zjawisko wirtualizacji pieniądza w warunkach polskich

2017

Pieniądz jest elementem gospodarki od wieków. Przez ten czas jego forma ewoluowała od prymitywnych produktów do banknotów i monet. Współcześnie coraz powszechniejsze staje się korzystanie z pieniądza elektronicznego, a nawet pieniądza wirtualnego. Pojawiają się zatem pytania, jak ten pieniądz działa, czy pełni takie same funkcje jak tradycyjny pieniądz i czy na pewno jest istotną alternatywą dla obecnie funkcjonującego pieniądza fiducjarnego. W tym kontekście rodzi się pytanie, czy system finansowy w obecnym kształcie może nadal funkcjonować, czy też będzie raczej ewoluować w kierunku systemu opartego na walucie wirtualnej. Celem opracowania jest próba przedstawienia pieniądza wirtualnego j…