Results 51 to 60 of about 697 (184)
Cryptocurrency Bubbles and Costly Mining
ABSTRACT This paper develops a model of a cryptocurrency by incorporating mining into the otherwise standard search‐theoretic monetary framework. As usual, multiple equilibria exist. To obtain a sharp prediction on whether a cryptocurrency' s value will last in the future, I propose a notion of equilibrium refinement based on the feature that mining ...
Kohei Iwasaki
wiley +1 more source
Central Bank Digital Currency, Monetary Policy, And Macroeconomy: Evidence From Indonesia
This paper studies the impact of a universally accessible interest-bearing Central Bank Digital Currency (CBDC) on macroeconomic stability and monetary policy in Indonesia.
Syahid Izzulhaq +2 more
doaj +1 more source
Best Before? Expiring Central Bank Digital Currency and Loss Recovery
Abstract Physical cash enables payments in the absence of electricity or network coverage. Such offline payment functionality promotes the operational resilience and, particularly in developing countries, the accessibility of payments. Central banks are exploring issuing digital cash substitutes with similar offline payment functionality.
CHARLES M. KAHN +2 more
wiley +1 more source
Perkembangan teknologi keuangan digital telah mendorong berbagai bank sentral di dunia untuk mengembangkan Central Bank Digital Currency (CBDC). Penelitian ini mengkaji penerapan CBDC dari perspektif ekonomi syariah dengan fokus pada aspek hukum dan ...
Imama Zuchroh
doaj +1 more source
Does a CBDC Reinforce Inefficiencies?
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
openaire +3 more sources
Modulated excitation spectroscopy with phase‐sensitive detection (MES‐PSD) combined with operando EPR spectroscopy revealed that the nature of the reducing agent in the assisted N2O decomposition over Fe‐SSZ‐13 determines which Fe centers undergo reversible redox cycling, and the nature of the rate‐limiting step.
Jörg W. A. Fischer +6 more
wiley +1 more source
Moeda Digital do Banco Central:
O artigo analisa aspectos jurídicos do instituto da Central Bank Digital Currency (CBDC) que precisam ser enfrentados para sua implantação no Brasil.
Leandro Sarai +1 more
doaj
The promises and perils of central bank digital currencies
This paper analyzes the proposal that central banks should issue digital currencies (CBDC) to provide a public alternative to private digital accounts and cryptocurrencies.
Louis Larue +2 more
doaj +1 more source
CBDC: EMPIRICAL STUDY ON DETERMINANTS OF CBDC USAGE PURPOSE AMONG CONSUMERS
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
openaire +1 more source
Retail CBDC purposes and risk transfers to the central bank
The issuance of retail central bank digital currency (CBDC) involves a transfer of risk from commercial banks to the central bank. Mechanisms that limit the transfer of risk, such as an unattractive interest rate, a quantity ceiling or the non ...
Romain Baeriswyl +2 more
doaj +1 more source

