Search Results - subject:"Digital currency"

Informal economy and central bank digital currency

Oh, Eun Young; Zhang, Shuonan - In: Economic inquiry 60 (2022) 4, pp. 1520-1539

Persistent link: https://www.econbiz.de/10013392172

Introducing new forms of digital money : evidence from the laboratory

Camera, Gabriele - 2022

Persistent link: https://www.econbiz.de/10013393338

Decoding the trinity of Fintech, digitalization and financial services : an integrated bibliometric analysis and thematic literature review approach

Bhatt, Amola; Joshipura, Mayank; Joshipura, Nehal - In: Cogent economics & finance 10 (2022) 1, pp. 1-50

Technology has reshaped how financial services are designed, delivered, and consumed over the past decade. The increased mobile and internet penetration and availability of cheap data combined with the advent of Fintech, digitalization, blockchain technology, machine learning, and artificial...

Persistent link: https://www.econbiz.de/10013373320

CBDC and the Operational Framework of Monetary Policy

Abad, Jorge; Nuño, Galo; Thomas, Carlos - 2024

We analyze the impact of introducing a central bank-issued digital currency (CBDC) on the operational framework of …

Persistent link: https://www.econbiz.de/10014534454

Digital currency and privacy

Kang, Kee-Youn - In: Theoretical Economics 19 (2024) 1, pp. 131-167

We develop a monetary model in which a private company issues digital currency and uses payment data to estimate … monopoly arises in the digital currency industry, and digital currency is not issued if the inflation rate is sufficiently high … and without digital currency) can exist depending on market structures for monetary exchanges. When left to market forces …

Persistent link: https://www.econbiz.de/10014536893

Truth by consensus: A theoretical and empirical investigation

Camera, Gabriele; Garratt, Rod; Monnet, Cyril - 2024

Truthful reporting about the realization of a publicly observed event cannot be guaranteed by a consensus process. This fact, which we establish theoretically and verify empirically, holds true even if some individuals are compelled to tell the truth, regardless of economic incentives. We...

Persistent link: https://www.econbiz.de/10014540066

Truth by consensus: A theoretical and empirical investigation

Camera, Gabriele; Garratt, Rod; Monnet, Cyril - 2024

Persistent link: https://www.econbiz.de/10014540144

Managing the transition to central bank digital currency

Assenmacher, Katrin; Ferrari, Massimo Minesso; Mehl, Arnaud - 2024

We develop a two-country DSGE model with financial frictions to study the transition from a steady-state without CBDC to one in which the home country issues a CBDC. The CBDC provides households with a liquid, convenient and storage-cost-free means of payments which reduces the market power of...

Persistent link: https://www.econbiz.de/10014543628

Central bank digital currency: When price and bank stability collide

Fernández-Villaverde, Jesús; Schilling, Linda; Uhlig, … - 2024

, either directly through a central bank digital currency (CBDC) or indirectly through other policy instruments, it can only …

Persistent link: https://www.econbiz.de/10014543674

DLT options for CBDC

Guo, Sky; Kreitem, Joseph; Moser, Thomas - In: Journal of Central Banking Theory and Practice 13 (2024) 1, pp. 57-88

issuing central bank digital currency (CBDC). We discuss the main requirements that a DLT solution must fulfill and analyze …

Persistent link: https://www.econbiz.de/10014558483