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The macroeconomics of central bank issued digital currencies
Barrdear, John; Kumhof, Michael - 2016
Persistent link: https://www.econbiz.de/10011557365
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Did Bank Indonesia cause the credit crunch of 2006 - 2008?
Mustika, Gandjar; Suryatinc, Enny; Hall, Maximilian; … - In: Review of quantitative finance and accounting 44 (2015) 2, pp. 269-298
Persistent link: https://www.econbiz.de/10011327630
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Pieniądz, instrumenty i instytucje finansowe: problemy, diagnozy, perspektywy
Franek, Sławomir (ed.); Adamczyk, Adam (ed.) - 2020
Persistent link: https://www.econbiz.de/10012490171
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Central banking in the Iberian Peninsula : a comparison
Martín Aceña, Pablo - In: Banking and finance in the Mediterranean : a historical …, (pp. 213-239). 2012
Persistent link: https://www.econbiz.de/10009542384
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Essays in empirical finance
Jankauskas, Tomas - 2023
Persistent link: https://www.econbiz.de/10014330066
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The effect of the central bank liquidity support during pandemics : evidence from the 1918 Spanish influenza pandemic
Anderson, Haelim Park; Chang, Jin Wook; Copeland, Adam - 2020 - This version: June 5, 2020
Persistent link: https://www.econbiz.de/10012388708
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The financial cycle and the monetary policy conducts
Clichici, Dorina - 2018
Persistent link: https://www.econbiz.de/10012302754
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Risk and state-dependent financial frictions
Harding, Martín; Wouters, Rafael - 2022 - Last updated: August 9, 2022
We augment a standard New Keynesian model with a financial accelerator mechanism and show that financial frictions generate large state-dependent amplification effects. We fit the model to US data and show that, when shocks drive the model far away from the steady state, the nonlinear model...
Persistent link: https://www.econbiz.de/10013335014
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The macroeconomics of central bank digital currencies
Barrdear, John; Kumhof, Michael - In: Journal of economic dynamics & control 142 (2022), pp. 1-24
Persistent link: https://www.econbiz.de/10013474148
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Private bank money vs central bank money : a historical lesson for CBDC introduction
Grodecka, Anna; Zhang, Xin - 2023 - updated July 2023
Central banks have been considering the introduction of central bank digital currencies (CBDCs). The theoretical … financial stability. To provide empirical evidence on this debate, we study the effects of the arrival of a new central-bank … issued currency on commercial banks in a historical setup. We use the opening of the Bank of Canada in 1935 as a natural …
Persistent link: https://www.econbiz.de/10014289254