Technological change and the households’ demand for currency

Technological Change and the Households ’ Demand for Currency

5 It is shown that accounting for technology variations, across households 6 and periods, is important to obtain theoretically consistent estimates of the 7 demand for currency. An inventory model is presented where the withdrawal 8 technology is explicitly modeled. Both the level and the interest rate elasticity 9 of cash holdings depend on the withdrawal technology available to households. 10...

Currency Substitution in Ukraine: Behavior of Households

Liberalization of foreign exchange regime and instability of national currency are among the major factors that shaped the level and strength of currency substitution in Ukraine. In this paper, a problem of currency substitution is addressed from the point of view of households. It is argued that the most conventional measure of currency substitution, namely the ratio of foreigncurrency denomin...

the search for the self in becketts theatre: waiting for godot and endgame

this thesis is based upon the works of samuel beckett. one of the greatest writers of contemporary literature. here, i have tried to focus on one of the main themes in becketts works: the search for the real "me" or the real self, which is not only a problem to be solved for beckett man but also for each of us. i have tried to show becketts techniques in approaching this unattainable goal, base...

Technological Change and Technological Strategy

“the effect of risk aversion on the demand for life insurance: the case of iranian life insurance market”

abstract: about 60% of total premium of insurance industry is pertained?to life policies in the world; while the life insurance total premium in iran is less than 6% of total premium in insurance industry in 2008 (sigma, no 3/2009). among the reasons that discourage the life insurance industry is the problem of adverse selection. adverse selection theory describes a situation where the inf...