Results 51 to 60 of about 2,257 (219)
India’s CBDC for digital public infrastructure
, 2023 The present study examines factors influencing the adoption of Central Bank Digital Currency (CBDC) in India. Based on the survey of prospective users, we find that significant factors influencing the acceptance of CBDC are trust, transparency, security,
Kamaljeet Sandhu +5 more
core +1 more source
De‐Dollarization Is a Plausible Outcome of the New Washington Consensus
Global Policy, EarlyView.ABSTRACT A trend towards de‐dollarization of the global economy in which the US dollar ceases to be used as the world's reserve currency for international transactions confronts some of the existing structures of international economic law, built upon the rules set out by US‐led organizations like the WTO, the IMF, and the World Bank. This article will
David Collins
wiley +1 more source
, 2023 The main aim of this academic work was to evaluate a CBDC sentiment on the basis of the literature analysis as well as conduting an integrated research approach of Vector Autoregression (VAR) model and survey data analysis. The academic paper consists of
Turskytė, Ieva,
core
Central bank digital currency in small open economies
Latin American Journal of Central BankingThis paper examines how the introduction of Central Bank Digital Currency (CBDC) impacts small open economies (SOE). We build a Two-Agent New Keynesian (TANK) model with financially constrained agents, where both cash and CBDC provide liquidity service ...
Rong Fan, Todd B. Walker, Allan Wright
doaj +1 more source
A qualitative assessment of quantitative easing sentiment
Economic Inquiry, EarlyView.Abstract This mixed‐method study undertakes a comprehensive inquiry of the public discourse on social media surrounding quantitative easing (QE) across the US, the UK, and the European Union. Utilizing a unique tweet dataset, we reveal the sentiment polarity toward QE policy to be strongly negative, at 71.27%, with positive sentiment a mere 4.25 ...
Niamh Wylie, Martha O’Hagan‐Luff
wiley +1 more source
Setting the Readiness of Law to Implement Central Bank Digital Currency in Indonesia
Arena HukumThe shift in behaviour from conventional to technology-based patterns has led to technological transformation, giving rise to an emerging digital currency: crypto.
Rumi Suwardiyati +4 more
doaj +1 more source
Cash for Transactions or Store‐of‐Value? A Comparative Study on Scandinavian Countries and Canada
International Finance, EarlyView.ABSTRACT We estimate the demand for transactional and non‐transactional cash balances (banknotes and coins) in Canada, Denmark, Iceland, Sweden and Norway over the last decades exploiting the seasonality of cash demand. These countries share many features that are relevant for cash demand, but nevertheless show large differences in terms of aggregate ...
Carl Andreas Claussen +2 more
wiley +1 more source
JCMS: Journal of Common Market Studies, EarlyView.Abstract The future of money is a crucial issue in the digital age, and the emergence of central bank digital currencies (CBDCs) is widely recognised as a transformative development. However, despite its significant implications for monetary sovereignty, regulatory governance and strategic autonomy, we know relatively little about the political ...
Sebastian Heidebrecht
wiley +1 more source
Monetary Policy with Reserves and CBDC: Optimality, Equivalence, and Politics [PDF]
, 2020 We analyze policy in a two-tiered monetary system. Noncompetitive banks issue deposits while the central bank issues reserves and a retail CBDC. Monies differ with respect to operating costs and liquidity. We map the framework into a baseline business
Niepelt, Dirk
core
Central Bank Digital Currency with Collateral‐Constrained Banks
Journal of Money, Credit and Banking, EarlyView.Abstract We analyze risks to bank intermediation following the introduction of a central bank digital currency (CBDC) competing with commercial bank deposits as households' source of liquidity. We revisit the equivalence of payment systems result, introducing a collateral constraint on banks' borrowing from the central bank.
HANFENG CHEN, MARIA ELENA FILIPPIN
wiley +1 more source