The impact of monetary systems on income inequity and wealth distribution: A case study of cryptocurrencies, fiat money and gold standard

• Main Authors: Othman, Anwar Hasan Abdullah, Syed Jaafar Alhabshi, Syed Musa, Kassim, Salina, Abdullah, Adam, Haron, Razali
• Format: Article
• Language: English; English; English
• Published: Emerald 2020
• Subjects: HB846 Welfare theory; HG201 Money; HG221 Bitcoin/Cryptocurrency/Block Chain
• Online Access: http://irep.iium.edu.my/80199/7/80199%20The%20impact%20of%20monetary%20systems.pdf; http://irep.iium.edu.my/80199/8/80199%20The%20impact%20of%20monetary%20systems%20SCOPUS.pdf; http://irep.iium.edu.my/80199/19/80199_The%20impact%20of%20monetary%20systems_WoS.pdf; http://irep.iium.edu.my/80199/; https://www.emerald.com/insight/content/doi/10.1108/IJOEM-06-2019-0473/full/html?skipTracking=true

Purpose – This study uses the autoregressive distributed lag model (ARDL) econometric approach to investigate empirically the effects of cryptocurrencies, the gold standard and traditional fiat money on global income inequality measured based on the Gini coefficient, and various ratios of income ine...