Results 1 to 10 of about 697 (184)

The Macroeconomic Effects of an Interest-Bearing CBDC: A DSGE Model

Mathematics, 2022
We develop a medium size dynamic stochastic general equilibrium (DSGE) model to assess the macroeconomic consequences of introducing an interest-bearing central bank digital currency (CBDC), an electronic alternative of payment with public use properties
Toni Bakhtiar, Ferry Syarifuddin
exaly   +3 more sources

Blockchain application for central bank digital currencies (CBDC) [PDF]

Cluster Computing, 2023
Vijak Sethaput
exaly   +2 more sources

Rethinking the Rise of Global Central Bank Digital Currencies: A Policy Perspective [PDF]

Contemporary Social Sciences, 2023
This article discusses the impact of central bank digital currency(CBDC) from the perspective of monetary and fiscal policy. We mainly discuss how retail CBDC can improve traditional policy performance.
Chen Gengxuan, Jia Qinmin, Ling Hao
doaj   +2 more sources

On the demand for various CBDC designs: A quantitative decomposition of currency spill-over based on the complementary role

International Review of Economics and Finance
We study various Central Bank Digital Currency (CBDC) designs, focusing on money substitution and spill-over effects from the household demand perspective.
Xuanyu Zhang, Xiaoyun Fan
exaly   +3 more sources

Ground Base Value of Anarchism and Social Security in Indonesia

Humaniora, 2023
The research aimed to find anarchic aspects outside of the misconceptions circulating through the dialectic of anarchism theory and social theory. Anarchism had always been misconceived as an activity that correlated with chaos and brutality or anti ...
Dika Sri Pandanari
doaj   +1 more source

Blockchain and central bank digital currency

ICT Express, 2022
With the development of blockchain and digital currencies, central banks all over the world are accelerating the process of CBDC development. However, it is still controversial on adoption of blockchain in CBDC design.
Tao Zhang, Zhigang Huang
doaj   +1 more source

DESIGN AND LEGAL ASPECT OF CENTRAL BANK DIGITAL CURRENCY: A LITERATURE REVIEW

Journal of Central Banking Law and Institutions, 2022
The development of digitalisation in the financial services sector has compelled Bank Indonesia to develop Central Bank Digital Currency (CBDC). CBDC as a new type of money requires adjustments in terms of applicable laws and regulations.
Fitri Handayani, Fatma Yuliana
doaj   +1 more source

CENTRAL BANK DIGITAL CURRENCY UNDER THE STATE THEORY OF MONEY: A PRELIMINARY LEGAL ANALYSIS

Journal of Central Banking Law and Institutions, 2022
Innovations in digital payments have triggered many central banks to apprehend and consider central bank digital currency (CBDC). CBDC is believed to be the next milestone in the evolution of money because many studies have shown the significant ...
Fransiska Ari Indrawati
doaj   +1 more source

A game between central banks and households involving central bank digital currencies, other digital currencies and negative interest rates

Cogent Economics & Finance, 2022
Central Bank Digital Currencies (CBDCs) enable negative interest rates. A game is analyzed between a central bank (accounting for the government’s interest) and a representative household choosing to consume, hold CBDC, or hold non-CBDC. The central bank
Guizhou Wang, Kjell Hausken
doaj   +1 more source

CENTRAL BANK DIGITAL CURRENCY: WHAT FACTORS DETERMINE ITS ADOPTION?

Buletin Ekonomi Moneter dan Perbankan, 2022
This paper attempts to explain the differences in Central Bank Digital Currency (CBDC) adoption across emerging and advanced countries using an ordered probit model.
Novi Maryaningsih, Suahasil Nazara, Febrio Nathan Kacaribu, Solikin M Juhro   +3 more
doaj   +1 more source