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euro area securities infrastructure remains highly fragmented due to cross‐border differences in tax regimes, procedures … securities infrastructure in the euro area and its implications for regulation and market policy.  …
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effective lower bound (ELB), and negative interest rate policies (NIRPs), specifically in the case of the digital euro (DE …, we explore whether CBDCs can change the ELB and affect consumer preferences in favor of the digital euro over physical …
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, the USA and the Euro Area, severely. Uncertainties about the future abound. While the challenges are similar for both … capital market. In the Euro Area, uncertainty is higher than in the US and this could make disinflation in Europe more painful …
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