Showing 151 - 160 of 68,398
This study uses meta-SWOT analysis to asses the internal strength and weaknesses, as well as the external opportunities and threats, followed by the determination of most optimal CBDC design in emerging economies. In analyzing internal aspects, CBDC allows us to have an efficient payment system,...
Persistent link: https://www.econbiz.de/10014258427
Many central banks discuss the introduction of a Central Bank Digital Currency (CBDC). Empirical evidence suggests that households may differ in their willingness to hold CBDC. Against this background, this paper investigates the macroeconomic effects of different CBDC regimes in a New Keynesian...
Persistent link: https://www.econbiz.de/10014229087
the digital euro, the features already envisaged for its design would make it possible to minimise the risk of negative …
Persistent link: https://www.econbiz.de/10014517259
A private initiative that has created a virtual currency and a payment system based on cryptography and decentralized management, Bitcoin is considered not only an interesting, but also a disruptive technical innovation by many observers. A number of regulatory and supervisory bodies have issued...
Persistent link: https://www.econbiz.de/10013029347
This paper examines the evolution of public support for the euro since its introduction as a virtual currency in 1999 … popularity of the euro. We find that a majority of citizens support the euro in each individual member country of the euro area … econometric work demonstrates that unemployment is a key driver of support behind the euro. Given these developments, we discuss …
Persistent link: https://www.econbiz.de/10011984438
Austria, Finland and Sweden became members of the EU in 1995. This paper examines how support for the euro and trust in …. Support for the euro in the two euroarea members Austria and Finland has remained high and relatively stable since the … physical introduction of the new currency nearly 20 years ago, while the euro crisis significantly reduced support for the euro …
Persistent link: https://www.econbiz.de/10012268758
This chapter examines the evolution of public support for the euro and public trust in the European Central Bank (ECB … currency, we find that a majority of citizens in every member country of the euro area (EA) support the euro. The economic … crisis in the EA following the Great Recession and the euro crisis led to a slight decline in public support for the euro but …
Persistent link: https://www.econbiz.de/10013208851
Austria, Finland and Sweden became members of the EU in 1995. This paper examines how support for the euro and trust in …. Support for the euro in the two euro-area members Austria and Finland has remained high and relatively stable since the … physical introduction of the new currency nearly 20 years ago, while the euro crisis significantly reduced support for the euro …
Persistent link: https://www.econbiz.de/10013208882
Seit seiner Einführung am 1. Januar 1999 hat der Euro über ein Viertel seines Außenwertes verloren. Nachdem alle auf …, hat die These, dass die Schwäche darauf beruht, dass es bisher nur einen virtuellen Euro gibt, an Glaubwürdigkeit gewonnen … Finance« zu erklären. Aus der Sicht dieser Theorie könnte die Bargeldeinführung zum Vorteil des Euro ausschlagen, aber mit …
Persistent link: https://www.econbiz.de/10011691762
This paper investigates the causes behind the euro debt crisis, particularly Germany's role in it. It is argued that … the euro's survival. The crisis in Euroland poses a global too big to fail threat, and presents a moral hazard of perhaps …
Persistent link: https://www.econbiz.de/10010318656