Results 61 to 70 of about 3,492 (210)

How and Why EU Institutions Promote the Digital Euro: The Politics of a Central Bank Digital Currency (CBDC)

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

CBDC and Bank Runs in an open economy context [PDF]

, 2022
LAUREA MAGISTRALELe banche centrali mondiali stanno studiando la possibilità di introdurre una moneta totalmente digitale. L’obiettivo di questo lavoro è analizzare l’impatto che tale potrà avere sulla stabilità finanziaria.
REDAELLI, SARA
core  

Setting the Readiness of Law to Implement Central Bank Digital Currency in Indonesia

Arena Hukum
The shift in behaviour from conventional to technology-based patterns has led to technological transformation, giving rise to an emerging digital currency: crypto.
Rumi Suwardiyati, Azlin Alisa Ahmad, Reka Dewantara, Dwi Benny Satria, Ranitya Ganindha   +4 more
doaj   +1 more source

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   +1 more source

Central bank digital currency in small open economies

Latin American Journal of Central Banking
This 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

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

An Investigation of the Relationship Between Central Bank Unconventional Monetary Policy and Bitcoin Activity

International Journal of Finance &Economics, Volume 31, Issue 4, Page 4970-4990, October 2026.
ABSTRACT This article investigates whether the unconventional monetary policy (UMP) measures pursued by the Federal Reserve, the Bank of England, the Bank of Japan, and the European Central Bank since the Global Financial Crisis (GFC) are associated with an appetite for cryptocurrency.
Niamh Wylie, Martha O'Hagan‐Luff
wiley   +1 more source

Equities drive the currency: Evolving dynamics of Korea's financial system

Review of Financial Economics, Volume 44, Issue 4, October 2026.
Abstract This study investigates the evolving dynamic relationships between exchange rates, price level, interest rates, and the Korea Composite Stock Price Index (KOSPI) in the context of Korea's rapidly transforming economy from January 1982 to February 2025. Employing a comprehensive empirical framework that integrates cointegration analysis, vector
Myeong Hwan Kim
wiley   +1 more source

Kooperative Redox‐Katalyse der N2O‐Zersetzung mittels auf Co3O4 geträgerten RhOx‐ und CeOx‐Spezies mit kurzreichweitiger Wechselwirkung

Angewandte Chemie, Volume 138, Issue 34, 17 August 2026.
A short‐range Rh‐O‐Co‐O‐Ce interfacial moiety drives low‐temperature N2O decomposition via a cooperative redox cycle. Operando modulated‐excitation XAS with phase‐sensitive detection (ME‐XAS+PSD) tracks rapid, reversible Rh oxidation coupled to Co reduction. Combined kinetics and DFT rationalize the activity trends and identify the Rh‐O‐Co interface as
Daniel C. Cano‐Blanco, Silvio Bellomi, Daniele Bonavia, Ivo Alxneit, Kirill A. Lomachenko, Karin Föttinger, Oliver Kröcher, Davide Ferri   +7 more
wiley   +1 more source

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, Dayanandan, Ajit, Sandhu, Kamaljeet, Sudershan Kuntluru, Kuntluru, Sudershan, Ajit Dayanandan   +5 more
core   +1 more source