Results 51 to 60 of about 41,322,599 (126)
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 and monetary policy
, 2018 Many central banks are contemplating whether to issue a central bank digital currency (CDBC). CDBC has certain potential benefits, including the possibility that it can bear interest.
Davoodalhosseini, S. Mohammad R.
core +1 more source
Seven lessons from the e-Peso pilot plan: The possibility of a Central Bank Digital Currency
Latin American Journal of Central Banking, 2022 The decision to introduce a central bank digital currency (CBDC) is part of the new challenges that central banks are facing as technology keeps moving. The e-Peso pilot plan, implemented between 2017 and 2018, could provide some key findings for central
Adolfo Sarmiento
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
Introduction of central bank digital currency – necessary legislative amendments [PDF]
, 2023 orges Bank has been running a central bank digital currency project since 2016. The project is now in its fourth phase, and as part of this phase an overview will be provided of required legislative amendments linked to the introduction of CBDC.
Syrstad, Helge
core
CBDC as an element of the fight against financial exclusion on the example of Nigeria
Research Papers in Economics and FinanceThe article examines the potential of central bank digital currency (CBDC) as a policy tool to reduce financial exclusion, with particular reference to Nigeria’s eNaira project.
Patryk Janusz Król, Krzysztof Kaczmarek
doaj +1 more source
DESIGN ELEMENTS AND RISKS OF CENTRAL BANK DIGITAL CURRENCY IN TAILORING A PRUDENT ‘RUPIAH DIGITAL’
Diponegoro Law Review, 2023 Alongside with the increasing of risks associated with the use of stablecoins, Central Bank of Indonesia is considering the issuance of Central Bank Digital Currencies (CBDCs) to mitigate these risks.
Wahyu Yun Santoso +3 more
doaj +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
Impact of central bank digital currency (CBDC) activity on bank loan loss provisions [PDF]
, 2023 This article explores the potential effect of central bank digital currency activity on bank loan loss provisions. We show that the effect of CBDC activity on bank loan loss provisions depends on the nature of CBDC activity and whether CBDC activity is ...
Ozili, Peterson K
core +1 more source
Barriers to the implementation of Central Bank Digital currency: an ISM and MICMAC analysis approach
Cogent Business & ManagementIn the digital era, the growth of fintech is exceptional in India, and the Central Bank Digital Currency (CBDC) is emerging as a sovereign digital currency and becoming an alternative for physical cash.
Vinod Sankhla +5 more
doaj +1 more source