Results 11 to 20 of about 2,257 (219)
Tiered CBDC and the Financial System [PDF]
SSRN Electronic Journal, 2020 IT progress and its application to the financial industry have inspired central banks and academics to analyse the merits of central bank digital currencies (CBDC) accessible to the broad public. This paper first reviews the advantages and risks of such CBDC.
Bindseil, Ulrich
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Jahrbücher für Nationalökonomie und StatistikAbstract This paper examines the potential impact a central bank digital currency (CBDC) on banks’ balance sheets. We first analyze the possible implications of the introduction of a CBDC for the banking system and the economy as a whole.
Auer, Simone +5 more
core +4 more sources
Does a CBDC Reinforce Inefficiencies?
, 2022 This paper examines whether a central bank digital currency (CBDC) reinforces inefficiencies in transactions with cash. In this case, the gap between the traded quantity and the welfare-maximizing one, which arises due to discounting or a suboptimal amount of money, increases further. To get some answers, the monetary search model of Trejos and Wright
Fuchs, Max
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CBDC: EMPIRICAL STUDY ON DETERMINANTS OF CBDC USAGE PURPOSE AMONG CONSUMERS [PDF]
, 2023 Abstract The initiative from the government of India in making India into a digitally vibrant nation is highly admirable. India economic growth over the decade is raising at higher rate, it due to adoption of digitalization in every part of economy from banking, business, and international payment.
DEEPTHI. J. S, Dr. NAGESH. B, ROOPA. P
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CBDC as Imperfect Substitute to Bank Deposits: A Macroeconomic Perspective
Journal of Money, Credit and Banking, EarlyView.Abstract The impact of Central Bank Digital Currency (CBDC) is analyzed in a closed‐economy model with monopolistic competition in banking and where CBDC is an imperfect substitute with bank deposits. The design of CBDC is characterized by its interest rate, its substitutability with bank deposits, and its relative liquidity.
PHILIPPE BACCHETTA, ELENA PERAZZI
wiley +2 more sources
PRIVACY PREFERENCES AND TRUST IN CENTRAL BANKS: HETEROGENEITY IN CASE OF CBDC
Фінансово-кредитна діяльність: проблеми теорії та практикиBroad societal uptake of Central Bank Digital Currency (CBDC) is contingent on both its design features and public confidence in the issuing central bank.
Віктор Козюк +2 more
doaj +2 more sources
CBDC Field Research Insights: India’s CBDC Needs to Be People-Centric [PDF]
, 2023 CBDC Field Research Insights for the 2023 Report, “CBDC: Expanding Financial Inclusion or Deepening the Divide? Exploring Design Choices that Could Make a Difference”The Reserve Bank of India (RBI), India’s central bank, announced the pilot launch of the Digital Rupee (e₹), a central bank digital currency (CBDC), in October 2022.
Acharya, Debashis, Pandey, Alok Kumar
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GOING DIGITAL RUPIAH: SOME CONSIDERATIONS FROM SOVEREIGNTY AND CYBERSECURITY PERSPECTIVES
Journal of Central Banking Law and Institutions, 2023 Central banks worldwide are coming to terms with the bits and bytes of digital money, commonly referred to as Central Bank Digital Currency (CBDC). CBDC has been claimed to be safer, more secure, and inherently less volatile, unlike cryptocurrencies, as ...
Zahrashafa Mahardika +2 more
doaj +1 more source
IEEE Access, 2022 We propose a Central Bank Digital Currency Evaluation and Verification (CEV) Framework for recommending and verifying technical solutions in the central bank digital currency (CBDC) system.
Si Yuan Jin, Yong Xia
doaj +1 more source
Central bank digital currency, economic growth and inflation [PDF]
Journal of Money and BusinessPurpose – This study aims to investigate the effect of CBDC issuance on economic growth rate and inflation rate in Nigeria. We are interested in determining whether the rate of economic growth and inflation changed significantly after the issuance of a ...
Peterson K. Ozili
doaj +1 more source