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Persistent link: https://www.econbiz.de/10012040450

Customer Search, Competition, and Monetary Non–Neutrality

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competition between stores makes their prices complementary, so that firms face strong penalties for setting prices far away from …

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Bottleneck effects of monetary policy

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own activities. Overall these "bottleneck effects" coming from changes in demand and supply by constrained partners have a …

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2. Bargeldsymposium der Deutschen Bundesbank : 2014

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Jordan : Retail Central Bank Digital Currency Exploration

Tsuda, Natsuki - 2023

This paper presents high-level summary technical assistance report on Jordan's Retail Central Bank Digital Currency Exploration (rCBDC). Retail payment systems in Jordan are well integrated, enabling customers to make transactions between banks and PSPs through JoMoPay and CliQ. The cross-border...