The Development Trend of Electronic Money and Its Influence on Currency Liquidity
Yaxian Lu, Zhaowen Su
Available Online October 2017.
- https://doi.org/10.2991/isbcd-17.2017.31How to use a DOI?
- Electronic money, currency liquidity, money supply
- With the development of Internet and mobile communication, it has become an indispensable part of people's daily life, mobile payment and online payment has become an significant way of payment.The goal of this paper is to study the emergence and development of electronic money and to prove that its development not only changed the form of money, but also changed the supply structure of money, which had a significant impact on monetary liquidity.The test of the correlation between electronic money and monetary liquidity proves that electronic money has a distinct substitution effect on the currency with strong liquidity, but this substitution is not a simple form of substitution.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Yaxian Lu AU - Zhaowen Su PY - 2017/10 DA - 2017/10 TI - The Development Trend of Electronic Money and Its Influence on Currency Liquidity BT - 2nd International Symposium on Business Corporation and Development in South-East and South Asia under B&R Initiative (ISBCD 2017) PB - Atlantis Press SP - 152 EP - 156 SN - 2352-5428 UR - https://doi.org/10.2991/isbcd-17.2017.31 DO - https://doi.org/10.2991/isbcd-17.2017.31 ID - Lu2017/10 ER -