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Public money as a store of value, heterogeneous beliefs and banks : implications of CBDC
Muñoz, Manuel A.; Soons, Oscar - 2024
The bulk of cash is held for store of value purposes, with such holdings sharply increasing in times of high economic uncertainty and only a fraction of the population choosing to hoard cash. We develop a Diamond and Dybvig model with public money as a store of value and heterogeneous beliefs...
Persistent link: https://www.econbiz.de/10014473061
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Does central bank transparency reduce interest rates?
Geraats, Petra M.; Eijffinger, Sylvester C. W.; … - 2006
Persistent link: https://www.econbiz.de/10003310865
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Evaluating an estimated new Keynesian small open economy model
Adolfson, Malin; Laséen, Stefan; Lindé, Jesper; … - 2007
Persistent link: https://www.econbiz.de/10003413754
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Money in monetary policy design : monetary cross-checking in the new Keynesian model
Beck, Günter W.; Wieland, Volker - 2009
Persistent link: https://www.econbiz.de/10003912036
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Monetary policy in exceptional times
Lenza, Michele; Pill, Huw; Reichlin, Lucrezia - 2010
Persistent link: https://www.econbiz.de/10003948825
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Monetary policy lessons from the crisis
Orphanides, Athanasios - 2010
Persistent link: https://www.econbiz.de/10003994015
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Interest rate signals and central bank transparency
Gosselin, Pierre; Lotz, Aileen; Wyplosz, Charles - 2007
Persistent link: https://www.econbiz.de/10003547999
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Central banks and the financial system
Giavazzi, Francesco; Giovannini, Alberto - 2010
Persistent link: https://www.econbiz.de/10008656276
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Negative nominal interest rates : three ways to overcome the zero lower bound
Buiter, Willem H. - 2009
Persistent link: https://www.econbiz.de/10003875746
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ECB reaction function and the crisis of 2008
Gerlach, Stefan; Lewis, John - 2011
Persistent link: https://www.econbiz.de/10009259720