Essays about: "banknotes"
Found 3 essays containing the word banknotes.
-
1. Cashless society: Is there a relationship between innovation and cash circulation in economy?
University essay from KTH/Skolan för industriell teknik och management (ITM)Abstract : Around the globe, countries move away from banknotes and coins in the favor of digitized payments. A number of findings from academic research conclude various benefits associated with decreased cash usage, such as enhanced economic development, less costs for governments and banks, financial transparency as well as lower economic-related crime rates. READ MORE
-
2. Cash is [no longer] king: is an e-krona the answer? : - a de lege ferenda investigation of the Swedish Riksbank's issuing mandate and other legal callenges in relation to economic effects on the payment market
University essay from Linköpings universitet/Filosofiska fakulteten; Linköpings universitet/AffärsrättAbstract : For the past decades, the Swedish public’s payment habits have changed, where the majority of the public has abandoned the old way of making payments, using cash, and instead opted for more modern payment solutions, digital money. The difference between cash and digital money is that cash is physical and only issued by the Riksbank, whereas digital money is created by and stored on accounts at commercial banks. READ MORE
-
3. A Note on the Exposure Effect and Currency Valuation
University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomiAbstract : This thesis investigates whether the exposure effect, according to which people tend to value an object more the larger their previous exposure to it, affects how people perceive the purchasing power of banknotes. It is done by letting participants look at pictures of either 1000 SEK or 500 SEK banknotes and then estimate the amount of different goods that could be purchased using the displayed banknote. READ MORE