Results 51 to 60 of about 131,557 (221)
Journal of Central Banking Theory and PracticeOver the last decade, monetary policy frameworks and instruments have undergone significant modifications. In this regard, Central Bank Digital Currency (CBDC) has emerged as a new money invention to offset the advancement of cryptocurrencies and ...
Elyor Davlatov, Judit Sági
semanticscholar +1 more source
The next generation of digital currencies: in search of stability. Bruegel Policy Contribution Issue #15 December 2019 [PDF]
, 2019 Four major developments have challenged the status quo and reopened the debate on the forms that money will take in the future: 1) use of cash as a medium of exchange has declined; 2) distributed ledger technology (DLT) has led to the emergence of ...
Claeys, Grégory, Demertzis, Maria
core
SAGE OpenAs legal tender created using advanced digital technology, Central Bank Digital Currency provides new opportunities for driving rural revitalization. This paper empirically assesses the impact of Central Bank Digital Currency on rural revitalization by ...
Muchen Li, Shining Guo, Qianyi Zhang
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Cogent Economics & Finance, 2022 Central Bank Digital Currencies (CBDCs) enable negative interest rates. A game is analyzed between a central bank (accounting for the government’s interest) and a representative household choosing to consume, hold CBDC, or hold non-CBDC. The central bank
Guizhou Wang, Kjell Hausken
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Will Central Bank Digital Currency Disintermediate Banks?
, 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
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Digital Transformation and SocietyPurposeThis study investigates the factors influencing the trialability and behavioral intentions toward Digital Yuan, also known as e-CNY, which is the first central bank digital currency (CBDC) in China. The present research also examines the mediating
Ruhul Amin +3 more
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Russian Journal of Economics and Law, 2022 Objective: to determine the essential foundations of digital currencies of central banks and, based on the experience of the digital Yuan introduction in China, to substantiate the directions for improving the concept of the digital ruble introduction in
D. A. Kochergin
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A Survey of Research on Retail Central Bank Digital Currency
IMF Working Papers, 2020 This paper examines key considerations around central bank digital currency (CBDC) for use by the general public, based on a comprehensive review of recent research, central bank experiments, and ongoing discussions among stakeholders.
J. Kiff +10 more
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Central Bank Digital Currency and Financial Inclusion
IMF Working Papers, 2023 In this paper, we develop a model incorporating the impact of financial inclusion to study the implications of introducing a retail central bank digital currency (CBDC).
B. Tan
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China's transition to a digital currency does it threaten dollarization?
Asia and the Global Economy, 2022 This article provides a detailed introduction to China's launching of a digital currency. We conduct a comparative analysis concerning whether digital currency is a more stable and reliable currency than cryptocurrency and investigate whether a digital ...
Ahmet Faruk Aysan, Farrukh Nawaz Kayani
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