CBDC is usually presented by central banks as a complement to cash, equipped with similar features (notably, having regard to the legal tender status), but ...

We find that CBDC can increase overall lending if (1) bank deposit liquidity risk is low, (2) the size and relative wealth of the previously unbanked population ...

Section 1 gives a brief historical account of CBDC research and development, from predecessors of modern digital currencies to the work of central banks in the ...

A central bank digital currency (CBDC) is a central bank liability that is digitally created and recorded on cen- tralized or decentralized ledgers, denominated ...

CBDC introduces a new type of central bank money whose demand – like cash – would need to be accommodated. CBDC would also not necessarily affect the discretion ...

We develop a model of financial intermediation with remunerated Cen- tral Bank Digital Currency (CBDC) as consumers' alternative to bank.

A Central Bank Digital. Currency is an innovation in the form of money issued as well as the underlying infrastructure on transactions can happen. A CBDC is a ...

The companion paper focuses on policy management, exploring the motivations and considering the essential economic, legal, and technological factors leading up ...

30 нояб. 2022 г. · Central banks will face an issue of choosing between wholesale CBDC (w-CBDC) or retail CBDC. (r-CBDC). W-CBDC is generally more popular in ...

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