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Central Bank Digital Currency and Cash in the Euro Area: Current Developments and one Specific Proposal

Rösl, Gerhard; Seitz, Franz - In: Credit and Capital Markets – Kredit und Kapital 55 (2022) 4, pp. 523-551

-paid scheme combining central elements of TARGET Instant Payment Settlement and electronic money features enabling offline and …

Persistent link: https://www.econbiz.de/10014523455

On the stabilizing role of cash for societies

Rösl, Gerhard; Seitz, Franz - 2022

remarks on the importance of money for the economy in general, special attention is paid to the unique characteristics of cash …

Persistent link: https://www.econbiz.de/10013273903

CBDC and cash in the euro area: Crowding out or co-circulation?

Rösl, Gerhard; Seitz, Franz - 2022

-paid scheme combining central elements of TARGET Instant Payment Settlement and electronic money features enabling offline and … online instant payments. The issuance of a digital euro would be neutral to total money supply as banks act only as …

Persistent link: https://www.econbiz.de/10013413632

Uncertainty, politics, and crises: The case for cash

Rösl, Gerhard; Seitz, Franz - 2023

We analyze the repercussions of different kinds of uncertainty on cash demand, including uncertainty of the digital infrastructures, confidence crises of the financial system, natural disasters, political uncertainties, and inflationary crises. Based on a comprehensive literature survey,...

Persistent link: https://www.econbiz.de/10014305043

Forecasting euro area inflation using targeted predictors : is money coming back?

Falagiarda, Matteo; Sousa, João - 2017

This paper sheds new light on the information content of monetary and credit aggregates for future price developments in the euro area. Overall, we find strong variation in the information content of these variables over time. We show that monetary and credit aggregates are very often selected...