Purpose The paper explores the precarious balance between modernizing monetary
systems by means of digital currencies (either issued by the central bank itself or …

We consider how a central bank digital currency (CBDC) could transform all aspects of the
monetary system and facilitate the systematic and transparent conduct of monetary policy. In …

This paper discusses central bank digital currency (CBDC) and its potential impact on the
monetary transmission mechanism. We first offer a general definition of CBDC which should …

We examine the implications of central bank digital currency (CBDC) for credit supply and
financial stability using a monetary general equilibrium model. The introduction of deposits …

We examine the implications of central bank digital currency (CBDC) for financial stability
using a monetary general equilibrium model in which (i) banks provide liquidity in the form of …

Bitcoins original idea proposed a trustless monetary system, without the need of
intermediaries. In recent years, these very intermediaries it originally tried to circumvent …

This paper discusses central bank digital currency (CBDC) and its potential impact on the
monetary transmission mechanism. We first offer a general definition of CBDC which should …

Sažetak Globalna financijska kriza pojedinim je bankama u teškoćama donijela u to vrijeme
često korišteni epitet „toobig-to-fail “koji govori o tome kako su one od sustavne važnosti i …

Bitcoins original idea proposed a trustless monetary system, without the need of
intermediaries. In recent years, these very intermediaries it originally tried to circumvent …

In previous period of over a decade new cryptocurrencies are emerging, and it raises the
question are we ready whether central banks should issue their own. Broader use of …