This doctoral dissertation analyses the transmission of monetary policy. It applies a variety of empirical methods to study how conventional and unconventional monetary policy measures transmit to different macroeconomic and financial variables. The first article analyses the effect of monetary...

Part i: Understanding the notion of central bank digital currency -- Chapter 1: Terminology and motives for central bank digital currency -- Chapter 2: Technical design -- Part ii: Analysing the legal aspects of central bank digital currency -- Chapter 3: Monetary constitutional law -- Chapter...