Showing 1 - 10 of 10,789
Persistent link: https://www.econbiz.de/10014245826
This study examines how blockchain and digital currency have affected the supply of credit and financial stability. It … that most industries do not require central banks and, instead, concentrate on modern digital currency and blockchain …, central banks should adopt digital currency and blockchain with an online technological payment strategy in order to enhance …
Persistent link: https://www.econbiz.de/10014446769
Persistent link: https://www.econbiz.de/10003996585
Persistent link: https://www.econbiz.de/10009405419
Some ten years ago, Michael Dooley (Dooley, 1997; Dooley, 2000) put forward an insurance model of currency crises … transformation and diversity across countries and periods. The article analyses, within the framework of the insurance model, the ….The insurance game model not only contains an explanatory power, but it also has the potential to suggest a range of measures that …
Persistent link: https://www.econbiz.de/10013139781
Persistent link: https://www.econbiz.de/10012490171
Central banks worldwide are stepping up actions in relation to climate change and taking on an increasingly important role in supporting the energy transition. Given the prominent role that central banks play in the financial markets and in influencing financing conditions, they can act as a...
Persistent link: https://www.econbiz.de/10013164541
What is the effect of climate policies on inflation and economic activity? Answering this question is critical for central banks trying to achieve price stability. This paper studies the experience from existing carbon taxes in Canada and Europe, introduced over the last 30 years. Based on two...
Persistent link: https://www.econbiz.de/10012602683
Given the urgent need to dramatically reduce greenhouse gas emissions, and concern regarding insufficient climate action and ambition across the globe, NGOs and individuals are increasingly turning to the courts to force States, public authorities, and private entities to increase their climate...
Persistent link: https://www.econbiz.de/10012795452
While there is a growing debate among researchers and practitioners on the possible role of central banks and financial regulators in supporting a smooth transition to a low-carbon economy, the information on which macroprudential instruments could be used for reaching the "green structural...
Persistent link: https://www.econbiz.de/10011943171