Monetary Policy, Monetary Areas, and Financial Development with Electronic Money /
Electronic money (e-money), as a network good, could become an important form of currency in the future. Such a development could affect monetary policy effectiveness. If an increased use of e-money substantially limits the demand for central bank reserves, this limitation would require changes in t...
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| Formato: | Revista |
| Lenguaje: | English |
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Washington, D.C. :
International Monetary Fund,
2004.
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| Colección: | IMF Working Papers; Working Paper ;
No. 2004/122 |
| Acceso en línea: | Full text available on IMF |