文章基本信息

标题：How Billionaires Become Valuable Millionaires? Psychological Impact of Redenomination on Economy
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作者：Muhammad Rizwan Ullah
期刊名称：Research on Humanities and Social Sciences
印刷版ISSN：2225-0484
电子版ISSN：2225-0484
出版年度：2017
卷号：7
期号：21
页码：29-37
语种：English
出版社：Research on Humanities and Social Sciences
摘要：The study aims to investigate the psychological impact of deleting zeroes from the value of national currency. The data were collected from five countries: Israel, Argentina, Poland, Turkey and Brazil to investigate the impact of deleting zeroes. Line graphs and simple percentages were used to analyze the impact of redenomination on inflation. The results revealed almost positive impact of redenomination on economy in all cases. Negative impacts were found only in two events of the countries i.e. Argentina and Brazil in 1983 and 1996 respectively. It was concluded that the redenomination can be used to create value and to control inflation.
其他摘要：The study aims to investigate the psychological impact of deleting zeroes from the value of national currency. The data were collected from five countries: Israel, Argentina, Poland, Turkey and Brazil to investigate the impact of deleting zeroes. Line graphs and simple percentages were used to analyze the impact of redenomination on inflation. The results revealed almost positive impact of redenomination on economy in all cases. Negative impacts were found only in two events of the countries i.e. Argentina and Brazil in 1983 and 1996 respectively. It was concluded that the redenomination can be used to create value and to control inflation. Keywords: Currency Redenomination, Value Creation; Inflation, National Economy; Psychological Impact
关键词：Currency Redenomination; Value Creation; Inflation; National Economy; Psychological Impact