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Central Bank Digital Currencies : An Old Tale with a New Chapter
Bordo, Michael D.; Roberds, William - 2023
We consider the debut of a new monetary instrument, central bank digital currencies (CBDCs). Drawing on examples from monetary history, we argue that a successful monetary transformation must combine microeconomic efficiency with macroeconomic credibility. A paradoxical feature of these...
Persistent link: https://www.econbiz.de/10014258072
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Exchange rate behavior of Canada, Japan, the United Kingdom and the United States
Ariff, Mohamed; Zarei, A. - In: Open economies review 27 (2016) 2, pp. 341-357
Persistent link: https://www.econbiz.de/10011591789
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Central bank credibility before and after the crisis
Bordo, Michael D.; Siklos, Pierre L. - In: Open economies review 28 (2017) 1, pp. 19-45
Persistent link: https://www.econbiz.de/10011804280
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Política monetaria y precios de activos : una mirada retrospectiva a los momentos de auge en los mercados de valores de Estados Unidos en el pasado
Bordo, Michael D.; Wheelock, David C. - In: Boletín / Centro de Estudios Monetarios Latinoamericanos 51 (2005) 1, pp. 12-34
Persistent link: https://www.econbiz.de/10003344526
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Could the United States have had a better central bank? : an historical counterfactual speculation
Bordo, Michael D. - In: Journal of macroeconomics 34 (2012) 3, pp. 597-607
Persistent link: https://www.econbiz.de/10009690482
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Monetary policy cooperation/coordination and global financial crises in historical perspective
Bordo, Michael D. - In: Open economies review 32 (2021) 3, pp. 587-611
Persistent link: https://www.econbiz.de/10012619401
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The imbalances of the Bretton Woods system 1965 to 1973 : U.S. inflation, the elephant in the room
Bordo, Michael D. - In: Open economies review 31 (2020) 1, pp. 195-211
Persistent link: https://www.econbiz.de/10012229712