International monetary trade and the law of one price

Article Abstract:

A two-country, two-currency decentralized trading environment competing to support spot international trade is given. Prices are formed via a seller-posting-price protocol. The behavior of prices across regimes of different degrees of monetary integration is illustrated.

International trade, Pricing policies

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Dirty money

Article Abstract:

Research examining the policy of inter-governmental bodies replacing currencies in order to prevent illegal economic practices is presented. Particular attention is given to monetary equilibria with illegal and legal productions.

Laws, regulations and rules, Prevention, Money laundering

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Efficient monetary allocations and the illiquidity of bonds

Article Abstract:

Details of a monetary model with allocation for illiquidity of bonds are presented.

Science & research, Research, Economic aspects, Bonds, Bonds (Securities), Liquidity (Finance)

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