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Electronic Money and the Optimal Size of Monetary Unions

Claudia Costa Storti and Paul De Grauwe

in Monetary Unions and Hard Pegs: Effects on Trade, Financial Development, and Stability

Published in print:
2004
Published Online:
August 2004
ISBN:
9780199271405
eISBN:
9780191601200
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199271402.003.0015
Subject:
Economics and Finance, Economic Systems

The question is how the advent of electronic money affects the size of optimal currency areas. In particular, we study whether currencies of small countries will tend to disappear as a result of ... More


Network Economics in Telecom

Varadharajan Sridhar

in The Telecom Revolution in India: Technology, Regulation, and Policy

Published in print:
2011
Published Online:
September 2012
ISBN:
9780198075530
eISBN:
9780199081042
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198075530.003.0001
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter investigates the characteristics of the telecom industry. The applicability of network externalities is very much evident in mobile services in India. The growth of Internet ... More


Dollarization and Euroization in Transition Countries: Currency Substitution, Asset Substitution, Network Externalities, and Irreversibility

Edgar L. Feige and James W. Dean

in Monetary Unions and Hard Pegs: Effects on Trade, Financial Development, and Stability

Published in print:
2004
Published Online:
August 2004
ISBN:
9780199271405
eISBN:
9780191601200
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199271402.003.0014
Subject:
Economics and Finance, Economic Systems

The chapter examines the extent, causes and consequences of transition countries’ use of foreign currency as a co-circulating medium of exchange and store of value. Using new estimates of foreign ... More


Localized Technological Change and the Evolution of Standards as Economic Institutions 1

Cristiano Antonelli

in The Dynamic Firm: The Role of Technology, Strategy, Organization, and Regions

Published in print:
1999
Published Online:
November 2003
ISBN:
9780198296041
eISBN:
9780191596070
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198296045.003.0005
Subject:
Economics and Finance, Microeconomics

Argues that localized technological change cannot be seen in isolation from national systems of innovation and the firm itself. It is shown how the often‐misunderstood role of standards as economic ... More


Theory, Evidence, and Implications

Frédéric Docquier and Hillel Rapoport

in Brain Drain and Brain Gain: The Global Competition to Attract High-Skilled Migrants

Published in print:
2012
Published Online:
September 2012
ISBN:
9780199654826
eISBN:
9780191742095
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780199654826.003.0012
Subject:
Economics and Finance, Development, Growth, and Environmental, Financial Economics

This chapter reviews the channels through which skilled emigration can affect the source countries. Recent literature suggests that remittances, return migration, diaspora externalities, and network ... More


Tipping Treaties

Scott Barrett

in Environment and Statecraft: The Strategy of Environmental Treaty-Making

Published in print:
2005
Published Online:
October 2005
ISBN:
9780199286096
eISBN:
9780191602832
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0199286094.003.0009
Subject:
Economics and Finance, Development, Growth, and Environmental

This chapter focuses on treaties that serve to coordinate international behavior. In this model, the minimum participation level is not the equilibrium participation level but the threshold ... More


Monetary Unions and Hard Pegs: Effects on Trade, Financial Development, and Stability

Volbert Alexander, George M. von Furstenberg, and Jacques Mélitz (eds)

Published in print:
2004
Published Online:
August 2004
ISBN:
9780199271405
eISBN:
9780191601200
Item type:
book
Publisher:
Oxford University Press
DOI:
10.1093/0199271402.001.0001
Subject:
Economics and Finance, Economic Systems

Financial services with global reach are a highly information-intensive business. In it, the ability to deliver reliable price formation, global liquidity, and network benefits is increasingly ... More


The Analysis of Competition in Banking: Theory and Empirics

Xavier Vives

in Competition and Stability in Banking: The Role of Regulation and Competition Policy

Published in print:
2016
Published Online:
January 2018
ISBN:
9780691171791
eISBN:
9781400880904
Item type:
chapter
Publisher:
Princeton University Press
DOI:
10.23943/princeton/9780691171791.003.0004
Subject:
Business and Management, Finance, Accounting, and Banking

This chapter presents the core analysis of competition in the banking sector based on the industrial organization (IO) approach. It examines both theoretical and empirical aspects as well as at the ... More


Adaptive Custom

Ekkehart Schlicht

in On Custom in the Economy

Published in print:
1998
Published Online:
November 2003
ISBN:
9780198292241
eISBN:
9780191596865
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/0198292244.003.0006
Subject:
Economics and Finance, Microeconomics, History of Economic Thought

Because custom is only vaguely defined with respect to its scope and content, this gives rise to the problem of erosion: people will bend the rules of custom in ambiguous cases by slightly ... More


Conceptual Issues in the Allocation and Assignment of Spectrum

Rohit Prasad and V. Sridhar

in The Dynamics of Spectrum Management: Legacy, Technology, and Economics

Published in print:
2014
Published Online:
September 2014
ISBN:
9780198099789
eISBN:
9780199083060
Item type:
chapter
Publisher:
Oxford University Press
DOI:
10.1093/acprof:oso/9780198099789.003.0003
Subject:
Economics and Finance, Development, Growth, and Environmental

The allocation and assignment of spectrum falls under three broad frameworks—command and control, where most decisions are administratively undertaken; flexible use, in which the job of spectrum ... More


One master, one sovereign

Salvatore Babones

in American Tianxia: Chinese Money, American Power and the End of History

Published in print:
2017
Published Online:
January 2018
ISBN:
9781447336808
eISBN:
9781447336907
Item type:
chapter
Publisher:
Policy Press
DOI:
10.1332/policypress/9781447336808.003.0002
Subject:
Political Science, Public Policy

Contrary to declinist narratives, the dominance of the United States in the contemporary world-system is increasingly solid and stable. The US economy remains vibrant, but the US benefits also from ... More


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