Results 31 to 40 of about 1,816 (243)

Lessons From the First CBDC Introductions [PDF]

open access: yesCollection Regional Law Review
To date, four jurisdictions have introduced a Central Bank Digital Currency (CBDC). It is essential for countries considering or implementing the introduction of Central Bank Digital Currency (CBDC) to give due consideration to the advantages and ...
Zsolt Bujtár
doaj   +1 more source

Central Banks Digital Currency - Opportunities and Innovation [PDF]

open access: yesOvidius University Annals: Economic Sciences Series, 2021
The issuance of a Central Bank Digital Currency (CBDC) is a very important step towards a fully digital economic environment and the consequences of such a direction are under debate by many policymakers around the world. There is a clear interest within
Andrei-Dragos Popescu
doaj  

CENTRAL BANK DIGITAL CURRENCY EFFECTS ON FRACTIONAL RESERVE BANKING [PDF]

open access: yesეკონომიკური პროფილი, 2022
An aim of the paper is to explore the outlines of the looming monetary order. For these purposes, we have made a brief retrospective analysis of money genesis. In its inception market had selected gold as a medium of exchange and gold had become a social
Mirza Khidasheli
doaj   +1 more source

Issues of emission and circulation of a digital ruble

open access: yesRussian Journal of Economics and Law, 2021
Objective: to analyze the prerequisites for the issue of the digital ruble; to study the main features of the issue and circulation of the digital ruble; to clarify the consequences of the introduction of the digital ruble for the banking system and the ...
K. N. Korishchenko
doaj   +1 more source

Examining the co-movement between cryptocurrency uncertainty and central bank digital currency uncertainty

open access: yesHo Chi Minh City Open University Journal of Science - Economics and Business Administration
This paper investigates the dynamic co-movement between the Cryptocurrency Uncertainty indices and the Central Bank Digital Currency Uncertainty indices.
Thai Hong Le   +2 more
doaj   +1 more source

A study on the influence mechanism of CBDC on monetary policy: An analysis based on e-CNY.

open access: yesPLoS ONE, 2022
This paper attempts to introduce central bank digital currency (CBDC) into the analysis framework of monetary policy, and studies the influence mechanism of e-CNY, central bank digital currency in China, on the monetary policy of the central bank from ...
Jiemeng Yang, Guangyou Zhou
doaj   +1 more source

Central bank digital currency and fiscal policy in a Diamond-Dybvig Model

open access: yesJournal of Government and Economics, 2023
After introducing digital currency, the central bank emerges as a monopolist bank. It then faces an “impossible trinity”. To achieve price stability and financial stability, optimal consumption allocation is sacrificed.
Jafar El Armali
doaj   +1 more source

CBDC-MXN: Challenges and Perspectives in The Implementation as a Mexican Digital Currency

open access: yesMercados y Negocios, 2023
This research shows a proposal for developing of a Mexican Central Bank Digital Currency by Banco de México. Therefore, a dynamic SWOT matrix is used to present the strengths, weaknesses, opportunities, and threats of the development of the Mexican ...
Jessica Nallely Flores Gálvez   +1 more
doaj   +1 more source

Will Central Bank Digital Currency Disintermediate Banks?

open access: yes, 2023
We estimate a dynamic banking model to quantify the impact of a central bank digital currency (CBDC) on the banking system. Our counterfactuals show that a one-dollar introduction of CBDC replaces bank deposits by around 80 cents on the margin. Bank lending falls by one-fourth of the drop in deposits because banks partially replace lost deposits with ...
Whited, Toni Marion   +2 more
openaire   +2 more sources

DESIGNING CENTRAL BANK DIGITAL CURRENCY FOR INDONESIA: THE DELPHI–ANALYTIC NETWORK PROCESS

open access: yesBuletin Ekonomi Moneter dan Perbankan, 2020
The emergence of stablecoins is a growing concern for authorities worldwide including Indonesia as it could affect financial stability. Thus, if a central bank chooses to develop a central bank digital currency (CBDC) to tackle this problem, the design ...
Bastian Muzbar Zams   +5 more
doaj   +1 more source

Home - About - Disclaimer - Privacy