Showing 1 - 6 of 6
We study the optimal design of a central bank digital currency (CBDC) in an environment where agents sort into cash …, CBDC and bank deposits according to their preferences over anonymity and security; and where network effects make the … deposits, and can be interest-bearing: a CBDC that closely competes with deposits depresses bank credit and output, while a …
Persistent link: https://www.econbiz.de/10012154802
and management of a central bank. While central bank autonomy and accountability are generally accepted as good practice … central bank laws covering 113 countries and classifies the governance structure according to degree of autonomy, functions … bank …
Persistent link: https://www.econbiz.de/10014404148
accountability and good central bank governance. It outlines the motivations for the establishment of audit committees in commercial … bank. The paper focuses on the functions of an audit committee, since the terminology of the governance structure is often … implications for central bank legislation …
Persistent link: https://www.econbiz.de/10014399531
This paper analyzes empirically differences in the size of central bank boards across countries. Defining a board as … 84 central bank boards at the end of 2003. We find that larger and more heterogeneous countries, countries with stronger …
Persistent link: https://www.econbiz.de/10014400166
We study the optimal design of a central bank digital currency (CBDC) in an environment where agents sort into cash …, CBDC and bank deposits according to their preferences over anonymity and security; and where network effects make the … deposits, and can be interest-bearing: a CBDC that closely competes with deposits depresses bank credit and output, while a …
Persistent link: https://www.econbiz.de/10012843523
This paper analyzes empirically differences in the size of central bank boards across countries. Defining a board as … 84 central bank boards at the end of 2003. We find that larger and more heterogeneous countries, countries with stronger …
Persistent link: https://www.econbiz.de/10012777953