The COVID-19 outbreak has brought unprecedented social attention to economic uncertainty and negative interest rate policy (NIRP). How does uncertainty affect economic activity, and how effective is a NIRP based on central bank digital currency (CBDC)? To answer the two questions, we constructed...

In many high-tech industries, the emergence of new digital technologies allows companies to develop converters to overcome technology incompatibility. In this paper, we analyze the effects of converter introduction on the adoption process of competing, incompatible technologies in the presence...