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Aim: This paper presupposes a purely Central Bank Digital Currency (CBDC) based system. Its aim is to describe how such a system facilitates complete new possibilities to design a suitable monetary policy. More specifically, the purpose is to show that the available monetary tools can be used to...
Persistent link: https://www.econbiz.de/10013202350
The COVID-19 pandemic had disastrous effects on health and economic activity worldwide, including in the Euro Area. The … ensuing economic policies on public support for the common currency, the euro, as measured by the Eurobarometersurvey. It … findsthat public support for the euro reached historically high levels in a majority of the 19 Euro Area member states in the …
Persistent link: https://www.econbiz.de/10013455597
The COVID-19 pandemic had disastrous effects on health and economic activity worldwide, including in the Euro Area. The … ensuing economic policies on public support for the common currency, the euro, as measured by the Eurobarometersurvey. It … findsthat public support for the euro reached historically high levels in a majority of the 19 Euro Area member states in the …
Persistent link: https://www.econbiz.de/10013541792
This study discusses recent and current conditions relating to financial stability in the euro area, developing, in …
Persistent link: https://www.econbiz.de/10014258303
Persistent link: https://www.econbiz.de/10011489889
Persistent link: https://www.econbiz.de/10001693151
Persistent link: https://www.econbiz.de/10001694618
Can introducing Central Bank Digital Currency (CBDC) improve social welfare? We construct a dual currency model to study whether introducing CBDC with a record- keeping technology can reduce tax evasion incentives, and further achieve a better al- location than in a cash-only economy. In our...
Persistent link: https://www.econbiz.de/10012836306
Can introducing Central Bank Digital Currency (CBDC) improve social welfare? We construct a dual currency model to study whether introducing CBDC with a recordkeeping technology can reduce tax evasion incentives in cash transactions, and further achieve a better allocation than in a cash-only...
Persistent link: https://www.econbiz.de/10013312670
Les nations du sud de la zone Euro ont connu la prospérité dans les années qui ont suivi la création de la monnaie … endettement massif, l’Euro a encouragé un mirage économique qui, aujourd’hui disparu, ne laisse plus entrevoir qu’un mur de dettes …
Persistent link: https://www.econbiz.de/10011096651