{"title":"Impacto de los medios electrónicos de pago sobre la demanda de dinero","authors":"Javier Galán Figueroa, Francisco Venegas Martínez","doi":"10.1016/j.inveco.2016.03.003","DOIUrl":null,"url":null,"abstract":"<div><p>This paper examines the impact of electronic payment systems of high and low value on money demand. To do this, the research departs from the theoretical framework of a model of overlapping generations that explains how electronic payment systems affects money demand and how the authority can impact on the payment systems to ensure their stability and efficiency. Subsequently, the methodologies of cointegration and error correction are applied to determine the existence of an equilibrium between electronic payments and money demand.</p></div>","PeriodicalId":44170,"journal":{"name":"Investigacion Economica","volume":"75 295","pages":"Pages 93-124"},"PeriodicalIF":0.6000,"publicationDate":"2016-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.inveco.2016.03.003","citationCount":"8","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Investigacion Economica","FirstCategoryId":"96","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S0185166716300030","RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"ECONOMICS","Score":null,"Total":0}
引用次数: 8
Abstract
This paper examines the impact of electronic payment systems of high and low value on money demand. To do this, the research departs from the theoretical framework of a model of overlapping generations that explains how electronic payment systems affects money demand and how the authority can impact on the payment systems to ensure their stability and efficiency. Subsequently, the methodologies of cointegration and error correction are applied to determine the existence of an equilibrium between electronic payments and money demand.
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It is a specialized journal, bilingual (Spanish and English), plural and critical, which accepts and publishes scientific research articles in national and international economy. It is considered a public good that belongs to the University and society. Its vocation is to analyze the evolution of the theoretical and practical economics. In its pages the paradigms of economics, history of economic thought, the theories and debates about economic policy and its consequences, the diagnosis of the Mexican economy, the economic development of Latin America and the problems spread the world economy in general. It is a journal that does not discriminate plural none paradigm; theoretical orientation is unorthodox for epistemological reasons, not ideological preferences.
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