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CBDC as competitor for bank deposits and cryptocurrencies
Fuchs, Max - 2022
central bank and retail banks, may thus observe a decline in the demand for their payments systems, i.e. cash and deposits …
Persistent link: https://www.econbiz.de/10013168975
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Designing New Money - The Policy Trilemma of Central Bank Digital Currency
Bjerg, Ole - 2017
implementation of CBDC in terms of their monetary policy implications. In the ‘money user scenario' CBDC co-exists with both cash and … commercial bank deposits. In the ‘money manager scenario' cash is abolished and CBDC co-exists only with commercial bank deposits …. And in the ‘money maker scenario' commercial bank deposits are abolished and CBDC co-exist only with cash. The evaluation …
Persistent link: https://www.econbiz.de/10012954346
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2017 Global Cryptocurrency Benchmarking Study
Hileman, Garrick - 2017
world via secure web-based questionnaires, capturing an estimated 75 per cent of the cryptocurrency industry. The study …
Persistent link: https://www.econbiz.de/10012956785
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Croatian Monetary Strategy in the Conditions of Globalization
Matic, Branko - 2008
The author starts from the assumption that Croatia will access the European Union. Following this assumption, he analyzes the possible scenarios of Croatian monetary strategy based on the achievements of the country's monetary policy, on the degree of acceptance of the convergence criteria and...
Persistent link: https://www.econbiz.de/10012772105
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What Is New about Cryptocurrencies? A Visual Analysis
Kavuri, Anil Savio - 2019
In the context of recent developments with cryptocurrencies, as well as the potential rise of central bank digital currencies, we present a new visualisation of money. Using three novel figures, we distinguish between the relevant mechanisms, technologies, recordkeeping, and transactions of...
Persistent link: https://www.econbiz.de/10012860773
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Electronic Money, Foreign Exchange, Global Trade & Carthage
Caldararo, Niccolo Leo - 2014
Global economic trade is often argued to be as old as trade. The question of the nature of the exchange is the issue. While tin from England may have reached Sumeria 4,000 years ago, or Phoenicians' ships entered the Africa area of Cape Palmas at about the same time, the problem of exchange is a...
Persistent link: https://www.econbiz.de/10013049911
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Economic Aspects of Bitcoin and Other Decentralized Public-Ledger Currency Platforms
Evans, David S. - 2014
A number of internet-based digital currency platform based on decentralized public ledgers have started since the introduction of the blockchain concept by the founder of Bitcoin in 2008. An important element of these public ledger platforms is an incentive system that elicits efforts from a...
Persistent link: https://www.econbiz.de/10013055525
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Electronic Money, Foreign Exchange, Global Trade & Its History
Caldararo, Niccolo Leo - 2015
Global economic trade is often argued to be as old as trade. The question of the nature of the exchange is the issue. While tin from England may have reached Sumeria 4,000 years ago, or Phoenicians' ships entered the Africa area of Cape Palmas at about the same time, the problem of exchange is a...
Persistent link: https://www.econbiz.de/10013025839
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Rupee Depreciation : Its Causes and Cure
Raj, Madhusudan - 2014
Persistent link: https://www.econbiz.de/10013040138
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Monetary Policy Implementation : Misconceptions and Their Consequences
Disyatat, Piti - 2013
Despite constituting the very heart of the monetary transmission mechanism, widespread misconceptions still exist regarding how monetary policy is implemented. This paper highlights the key misconceptions in this regard and shows how they have compromised the understanding of important aspects...
Persistent link: https://www.econbiz.de/10012710838