create a website

CBDC as imperfect substitute to bank deposits: a macroeconomic perspective. (2022). Bacchetta, Philippe ; Perazzi, Elena.
In: MPRA Paper.
RePEc:pra:mprapa:115574.

Full description at Econpapers || Download paper

Cited: 0

Citations received by this document

Cites: 40

References cited by this document

Cocites: 55

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

    This document has not been cited yet.

References

References cited by this document

  1. \bibitem{} Bordo, Michael D., and Andrew T. Levin (2017), "Central bank digital currency and the future of monetary policy." No. w23711. National Bureau of Economic Research.
    Paper not yet in RePEc: Add citation now
  2. Agur, Itai, Anil Ari, Giovanni Dell’Ariccia (2021), "Designing central bank digital currencies." Journal of Monetary Economics.
    Paper not yet in RePEc: Add citation now
  3. Ahnert, Toni Katrin Assenmacher, Peter Hoffmann, Agnese Leonello, Cyril Monnet, and Davide Porcellacchia (2022), "The economics of central bank digital currency ." ECB Working Papers No. 2578.

  4. Andolfatto, David (2021), "Assessing the impact of central bank digital currency on private banks." The Economic Journal 131.634: 525-540.

  5. Assenmacher, Katrin, Aleksander Berentsen, Claus Brand and Nora Lamersdorf (2021), "A unified framework for CBDC design: remuneration, collateral haircuts and quantity constraints." ECB Working Papers No. 2578.

  6. Auer, Raphael, Jon Frost, Leonardo Gambacorta, Cyril Monnet, Tara Rice, and Hyun Song Shin (2021), "Central bank digital currencies: motives, economic implications and the research frontier." BIS Working Papers No. 976.

  7. Barrdear, John, and Michael Kumhof (2021), "The macroeconomics of central bank issued digital currencies." Journal of Economic Dynamics and Control: 104148.
    Paper not yet in RePEc: Add citation now
  8. Benati, L., Lucas Jr., R.E., Nicolini, J.P., and Weber, W. (2021), "International Evidence on Long-Run Money Demand.” Journal of Monetary Economics 117, 43–63.

  9. Boyd, John H., and Gianni De Nicolo (2005), "The theory of bank risk taking and competition revisited." The Journal of finance 60 no.3: 1329-1343.

  10. Brunnermeier, Markus K., and Dirk Niepelt (2019), "On the equivalence of private and public money." Journal of Monetary Economics 106: 27-41.

  11. Brunnermeier, Markus K., Harold James, and Jean-Pierre Landau (2019), "The digitalization of money." No. w26300, National Bureau of Economic Research.

  12. Burlon, L., Muñoz, M.A., Montes-Galdón, C., and F. Smets (2022), "The optimal quantity of CBDC in a bank-based economy." ECB working paper, 2689.
    Paper not yet in RePEc: Add citation now
  13. Chiu, Jonathan and Mohammad Davoodalhosseini(2021), "Central Bank Digital Currency and Banking:Macroeconomic Benefits of a Cash-Like Design." Staff Working Paper 2021-63, Bank of Canada.

  14. Chiu, Jonathan, Mohammad Davoodalhosseini, Janet Hua Jiang, and Yu Zhu (2022), "Bank market power and central bank digital currency: Theory and quantitative assessment." Journal of Political Economy, forthcoming.
    Paper not yet in RePEc: Add citation now
  15. Davoodalhosseini, S.M. (2022) "Central bank digital currency and monetary policy." Journal of Economic Dynamics and Control 142, 104150.

  16. Del Negro, Marco, and Christopher A. Sims (2015), "When does a central bank' s balance sheet require fiscal support?" Journal of Monetary Economics 73: 1-19.

  17. Drechsler, Itamar, Alexi Savov, and Philipp Schnabl (2017), "The deposits channel of monetary policy." The Quarterly Journal of Economics 132, no. 4: 1819-1876.

  18. Evers, Michiel, Ruud De Mooij, and Daniel Van Vuuren (2008), "The wage elasticity of labor supply: a synthesis of empirical estimates." De Economist 156.1: 25-43.

  19. Feenstra, R.C. (1986), "Functional equivalence between liquidity costs and the utility of money." Journal of Monetary Economics, 17(2): 271-291.

  20. Ferrari, Massimo Minesso, Arnaud Mehl, and Livio Stracca (2022), "Central bank digital currency in an open economy." Journal of Monetary Economics 127, 54-68.

  21. Gerali, Andrea, Stefano Neri, Luca Messa, and Federico M. Signoretti (2010), "Credit and Banking in a DSGE Model of the Euro Area." Journal of Money, Credit and Banking 42, 107-140.

  22. Hnatkovska, Viktoria, Amartya Lahiri, and Carlos A. Vegh (2016), "The Exchange Rate Response to Monetary Policy Innovations." American Economic Journal: Macroeconomics, 8(2): 137-181.

  23. Infante, Sebastian, Kyungmin Kim, Anna Orlik, André F. Silva, and Robert J. Tetlow (2022), "The Macroeconomic Implications of CBDC: A Review of the Literature." Finance and Economics Discussion Series 2022-076. Washington: Board of Governors of the Federal Reserve System, https://doi.org/10.17016/FEDS.2022.076.
    Paper not yet in RePEc: Add citation now
  24. Keister, Todd, and Daniel R. Sanches (2022), "Should central banks issue digital currency?" Review of Economic Studies, forthcoming.
    Paper not yet in RePEc: Add citation now
  25. Mancini-Griffoli, Tommaso, et al. (2018), "Casting light on central bank digital currency." IMF Staff Discussion Notes 18.08.

  26. Meaning, J., Dyson, B., Barker, J., and Clayton, E. (2018), "Broadening narrow money: monetary policy with a central bank digital currency."

  27. Mendoza, Enrique G. (1995), "The terms of trade, the real exchange rate, and economic fluctuations." International Economic Review: 101-137.

  28. Neumeyer, Pablo and Fabrizio Perri (2005), "Business cycles in emerging economies: the role of interest rates." Journal of monetary Economics 52.2: 345-380.

  29. Niepelt, Dirk (2022), "Money and Banking with Reserves and CBDC." mimeo.

  30. Paravisini, Daniel, Veronica Rappoport, Philipp Schnabl, and Daniel Wolfenzon (2015), "Dissecting the effect of credit supply on trade: Evidence from matched credit-export data." The Review of Economic Studies 82: 333-359.

  31. Piazzesi, Monika, and Martin Schneider (2022), "Credit lines, bank deposits or CBDC? competition and efficiency in modern payment systems." Unpublished, Stanford University.
    Paper not yet in RePEc: Add citation now
  32. Piazzesi, Monika, Ciaran Rogers, and Martin Schneider (2022), "Money and banking in a New Keynesian model." Unpublished, Stanford University.
    Paper not yet in RePEc: Add citation now
  33. Piketty, Thomas, and Gabriel Zucman (2014), "Capital is back: Wealth-income ratios in rich countries 1700–2010." The Quarterly Journal of Economics 129, 1255-1310.

  34. Reis, Ricardo (2017), "Can the central bank alleviate fiscal burdens?", No. w23014. National Bureau of Economic Research.

  35. Romer, Christina D., David H. Romer, Stephen M. Goldfeld, and Benjamin M. Friedman. "New evidence on the monetary transmission mechanism", Brookings Papers on Economic Activity 1990, no. 1 (1990): 149-213.

  36. Schmitt-Grohe, Stephanie, and Martin Uribe (2004), "Optimal fiscal and monetary policy under sticky prices." Journal of Economic Theory 114.2: 198-230.

  37. Trabandt, Mathias, and Harald Uhlig (2011), "The Laffer curve revisited." Journal of Monetary Economics 58.4: 305-327.

  38. Wang, Ping, and Chong K. Yip. (1992), "Alternative approaches to money and growth." Journal of Money, Credit and Banking 24, no. 4: 553-562.

  39. Whited, Toni M., Wu, Yufeng, and Kairong Xiao (2022), "Central Bank Digital Currency and Banks," Mimeo.
    Paper not yet in RePEc: Add citation now
  40. Williamson, Stephen (2022), "Central Bank Digital Currency: Welfare and Policy Implications." Journal of Political Economy 130.

Cocites

Documents in RePEc which have cited the same bibliography

  1. Central bank digital currency and monetary policy implementation. (2024). Vlassopoulos, Thomas ; Tapking, Jens ; Caccia, Enea.
    In: Occasional Paper Series.
    RePEc:ecb:ecbops:2024345.

    Full description at Econpapers || Download paper

  2. CBDC in the Market for Payments at the Point of Sale: Equilibrium Impact and Incumbent Responses. (2024). Stenzel, Andre ; Shcherbakov, Oleksandr ; Engert, Walter.
    In: Staff Working Papers.
    RePEc:bca:bocawp:24-52.

    Full description at Econpapers || Download paper

  3. Central Bank Digital Currency, Credit Supply, and Financial Stability. (2023). Kwon, Ohik ; Kim, Young Sik.
    In: Journal of Money, Credit and Banking.
    RePEc:wly:jmoncb:v:55:y:2023:i:1:p:297-321.

    Full description at Econpapers || Download paper

  4. Understanding the adoption context of China’s digital currency electronic payment. (2023). Zhang, Justin Zuopeng ; Gao, Yangmei ; Xia, Huosong.
    In: Financial Innovation.
    RePEc:spr:fininn:v:9:y:2023:i:1:d:10.1186_s40854-023-00467-5.

    Full description at Econpapers || Download paper

  5. The optimal quantity of CBDC in a bank-based economy. (2023). Burlon, Lorenzo ; Smets, Frank ; Muoz, Manuel A ; Montes-Galdon, Carlos.
    In: Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium.
    RePEc:rug:rugwps:23/1063.

    Full description at Econpapers || Download paper

  6. Central bank digital currency and bank earnings management using loan loss provisions. (2023). Ozili, Peterson K.
    In: MPRA Paper.
    RePEc:pra:mprapa:116412.

    Full description at Econpapers || Download paper

  7. A Simple Model of a Central Bank Digital Currency. (2023). Prasad, Eswar ; Mishra, Bineet.
    In: IZA Discussion Papers.
    RePEc:iza:izadps:dp16154.

    Full description at Econpapers || Download paper

  8. CBDC: Lesson from a Historical Experience. (2023). Zhang, Xin ; Grodecka-Messi, Anna.
    In: Working Paper Series.
    RePEc:hhs:rbnkwp:0424.

    Full description at Econpapers || Download paper

  9. Legal Framework for Central Bank Digital Currencies and the Digital Ruble. (2023). Sannikova, Larisa V.
    In: Finansovyj žhurnal — Financial Journal.
    RePEc:fru:finjrn:230502:p:27-44.

    Full description at Econpapers || Download paper

  10. The Effects of CBDC on the Federal Reserves Balance Sheet. (2023). Kim, Kyungmin ; Gust, Christopher J ; Ruprecht, Romina.
    In: Finance and Economics Discussion Series.
    RePEc:fip:fedgfe:2023-68.

    Full description at Econpapers || Download paper

  11. Central bank digital currency and the effectiveness of negative interest rate policy: A DSGE analysis. (2023). Jiang, Kai ; Xin, Baogui.
    In: Research in International Business and Finance.
    RePEc:eee:riibaf:v:64:y:2023:i:c:s0275531923000272.

    Full description at Econpapers || Download paper

  12. Macro-financial implications of central bank digital currencies. (2023). Karim, Sitara ; Lucey, Brian M ; Naeem, Muhammad Abubakr ; Irfan, Muhammad ; Rehman, Mubeen Abdur.
    In: Research in International Business and Finance.
    RePEc:eee:riibaf:v:64:y:2023:i:c:s0275531923000181.

    Full description at Econpapers || Download paper

  13. Central bank digital currency: A systematic literature review using text mining approach. (2023). Vu, Ngoc Bich ; Ngo, Vu Minh ; Hoang, Yen Hai.
    In: Research in International Business and Finance.
    RePEc:eee:riibaf:v:64:y:2023:i:c:s0275531923000156.

    Full description at Econpapers || Download paper

  14. Predicting the demand for central bank digital currency: A structural analysis with survey data. (2023). Li, Jiaqi.
    In: Journal of Monetary Economics.
    RePEc:eee:moneco:v:134:y:2023:i:c:p:73-85.

    Full description at Econpapers || Download paper

  15. Central bank digital currency competition and the impossible trinity. (2023). Karau, Soren.
    In: Finance Research Letters.
    RePEc:eee:finlet:v:54:y:2023:i:c:s1544612323000971.

    Full description at Econpapers || Download paper

  16. CBDC and business cycle dynamics in a New Monetarist New Keynesian model. (2023). Assenmacher, Katrin ; Ristiniemi, Annukka ; Bitter, Lea.
    In: Working Paper Series.
    RePEc:ecb:ecbwps:20232811.

    Full description at Econpapers || Download paper

  17. Public money as a store of value, heterogeneous beliefs, and banks: implications of CBDC. (2023). Soons, Oscar ; Muoz, Manuel A.
    In: Working Paper Series.
    RePEc:ecb:ecbwps:20232801.

    Full description at Econpapers || Download paper

  18. CBDC and financial stability. (2023). Porcellacchia, Davide ; Leonello, Agnese ; Hoffmann, Peter ; Ahnert, Toni.
    In: Working Paper Series.
    RePEc:ecb:ecbwps:20232783.

    Full description at Econpapers || Download paper

  19. Know your (holding) limits: CBDC, financial stability and central bank reliance. (2023). Soons, Oscar ; Meller, Barbara.
    In: Occasional Paper Series.
    RePEc:ecb:ecbops:2023326.

    Full description at Econpapers || Download paper

  20. Quantitative Easing, Bank Lending, and Aggregate Fluctuations. (2023). Segev, Nimrod ; Schaffer, Matthew.
    In: Bank of Israel Working Papers.
    RePEc:boi:wpaper:2023.01.

    Full description at Econpapers || Download paper

  21. Central Bank Digital Currencies and Banking: Literature Review and New Questions. (2023). Jiang, Janet Hua ; Davoodalhosseini, Mohammad ; Chiu, Jonathan ; Chapman, James ; Zhu, YU ; Rivadeneyra, Francisco.
    In: Discussion Papers.
    RePEc:bca:bocadp:23-4.

    Full description at Econpapers || Download paper

  22. Central bank digital currency with heterogeneous bank deposits. (2022). Nyffenegger, Remo.
    In: ECON - Working Papers.
    RePEc:zur:econwp:409.

    Full description at Econpapers || Download paper

  23. Money and Banking with Reserves and CBDC. (2022). Niepelt, Dirk.
    In: Diskussionsschriften.
    RePEc:ube:dpvwib:dp2212.

    Full description at Econpapers || Download paper

  24. The Demand for Programmable Payments. (2022). , Maarten ; Kahn, Charles M.
    In: Tinbergen Institute Discussion Papers.
    RePEc:tin:wpaper:20220076.

    Full description at Econpapers || Download paper

  25. Central Bank Digital Currency: Stability and Information. (2022). Keister, Todd ; Monnet, Cyril.
    In: Working Papers.
    RePEc:szg:worpap:2203.

    Full description at Econpapers || Download paper

  26. Consumer choices under new payment methods. (2022). Ryu, Doojin ; Bilgin, Mehmet Huseyin ; Son, Jaemin.
    In: Financial Innovation.
    RePEc:spr:fininn:v:8:y:2022:i:1:d:10.1186_s40854-022-00387-w.

    Full description at Econpapers || Download paper

  27. CBDC as imperfect substitute to bank deposits: a macroeconomic perspective. (2022). Bacchetta, Philippe ; Perazzi, Elena.
    In: MPRA Paper.
    RePEc:pra:mprapa:115574.

    Full description at Econpapers || Download paper

  28. Central bank digital currency and cryptocurrency in emerging markets. (2022). Le, Anh H.
    In: MPRA Paper.
    RePEc:pra:mprapa:114734.

    Full description at Econpapers || Download paper

  29. Central bank digital currency research around the World: a review of literature. (2022). Ozili, Peterson K.
    In: MPRA Paper.
    RePEc:pra:mprapa:111389.

    Full description at Econpapers || Download paper

  30. Can central bank digital currency increase financial inclusion? Arguments for and against. (2022). Ozili, Peterson K.
    In: MPRA Paper.
    RePEc:pra:mprapa:110786.

    Full description at Econpapers || Download paper

  31. What can CBDC designers learn from asking potential users? Results from a survey of Austrian residents (Svetlana Abramova, Rainer Böhme, Helmut Elsinger, Helmut Stix, Martin Summer). (2022). Summer, Martin ; Stix, Helmut ; Elsinger, Helmut ; Bohme, Rainer ; Abramova, Svetlana.
    In: Working Papers.
    RePEc:onb:oenbwp:241.

    Full description at Econpapers || Download paper

  32. CBDC as Competitor for Bank Deposits and Cryptocurrencies. (2022). Fuchs, Max.
    In: MAGKS Papers on Economics.
    RePEc:mar:magkse:202210.

    Full description at Econpapers || Download paper

  33. FISCAL POLICY STANCE, CENTRAL BANK DIGITAL CURRENCY, AND THE OPTIMAL MONETARY-MACROPRUDENTIAL POLICY MIX. (2022). Juhro, Solikin ; Fikry, Mohammad Aly ; Wijoseno, Atet Rizki ; Lie, Denny.
    In: Working Papers.
    RePEc:idn:wpaper:wp012022.

    Full description at Econpapers || Download paper

  34. A model for CBDC audits based on blockchain technology: Learning from the DCEP. (2022). Ren, Yi-Shuai ; Ma, Chao-Qun ; Wang, Yi-Ran.
    In: Research in International Business and Finance.
    RePEc:eee:riibaf:v:63:y:2022:i:c:s0275531922001672.

    Full description at Econpapers || Download paper

  35. Central bank digital currency in an open economy. (2022). Stracca, Livio ; Ferrari Minesso, Massimo ; Mehl, Arnaud.
    In: Journal of Monetary Economics.
    RePEc:eee:moneco:v:127:y:2022:i:c:p:54-68.

    Full description at Econpapers || Download paper

  36. Designing central bank digital currencies. (2022). Agur, Itai ; Dellariccia, Giovanni.
    In: Journal of Monetary Economics.
    RePEc:eee:moneco:v:125:y:2022:i:c:p:62-79.

    Full description at Econpapers || Download paper

  37. Digital currencies in financial networks. (2022). Rancan, Michela ; Kavonius, Ilja Kristian ; Castren, Olli.
    In: Journal of Financial Stability.
    RePEc:eee:finsta:v:60:y:2022:i:c:s1572308922000286.

    Full description at Econpapers || Download paper

  38. Central bank digital currency: Stability and information. (2022). Monnet, Cyril ; Keister, Todd.
    In: Journal of Economic Dynamics and Control.
    RePEc:eee:dyncon:v:142:y:2022:i:c:s0165188922002056.

    Full description at Econpapers || Download paper

  39. The optimal quantity of CBDC in a bank-based economy. (2022). Smets, Frank ; Burlon, Lorenzo ; Muoz, Manuel A ; Montes-Galdon, Carlos.
    In: Working Paper Series.
    RePEc:ecb:ecbwps:20222689.

    Full description at Econpapers || Download paper

  40. Cold hard (digital) cash: the economics of central bank digital currency. (2022). Porcellacchia, Davide ; Monnet, Cyril ; Leonello, Agnese ; Hoffmann, Peter ; Assenmacher, Katrin ; Ahnert, Toni.
    In: Research Bulletin.
    RePEc:ecb:ecbrbu:2022:0100:.

    Full description at Econpapers || Download paper

  41. Informal economy and central bank digital currency. (2022). Zhang, Shuonan ; Oh, Eun Young.
    In: Economic Inquiry.
    RePEc:bla:ecinqu:v:60:y:2022:i:4:p:1520-1539.

    Full description at Econpapers || Download paper

  42. The Case for Convenience: How CBDC Design Choices Impact Monetary Policy Pass-Through. (2022). Zhu, Haoxiang ; Yu, Jiaheng ; Garratt, Rodney J.
    In: BIS Working Papers.
    RePEc:bis:biswps:1046.

    Full description at Econpapers || Download paper

  43. Central bank digital currencies in emerging market economies: a view from Latin America. (2022). Of, Central Bank.
    In: BIS Papers chapters.
    RePEc:bis:bisbpc:123-02.

    Full description at Econpapers || Download paper

  44. The Coming Battle of Digital Currencies. (2022). Mayer, Simon ; Cong, Lin William.
    In: Applied Economics and Policy Working Paper Series.
    RePEc:ags:cuaepw:320020.

    Full description at Econpapers || Download paper

  45. .

    Full description at Econpapers || Download paper

  46. Central bank digital currency, loan supply, and bank failure risk: a microeconomic approach. (2021). Yeo, Eunjung ; Jun, Jooyong.
    In: Financial Innovation.
    RePEc:spr:fininn:v:7:y:2021:i:1:d:10.1186_s40854-021-00296-4.

    Full description at Econpapers || Download paper

  47. Central bank digital currency can lead to the collapse of cryptocurrency. (2021). Ozili, Peterson K.
    In: MPRA Paper.
    RePEc:pra:mprapa:111218.

    Full description at Econpapers || Download paper

  48. Central bank digital currency in Nigeria: opportunities and risks. (2021). Ozili, Peterson K.
    In: MPRA Paper.
    RePEc:pra:mprapa:110152.

    Full description at Econpapers || Download paper

  49. Sustainable-Performance Instrument Development and Validation in the Northern Cyprus Banking Sector. (2021). Kirikkaleli, Dervis ; Guryay, Erdal ; Karpuz, Filiz.
    In: Sustainability.
    RePEc:gam:jsusta:v:13:y:2021:i:14:p:7809-:d:593257.

    Full description at Econpapers || Download paper

  50. Should Central Banks Issue Digital Currency?. (2021). Sanches, Daniel ; Keister, Todd.
    In: Working Papers.
    RePEc:fip:fedpwp:93351.

    Full description at Econpapers || Download paper

  51. Central bank digital currencies: motives, economic implications and the research frontier. (2021). Gambacorta, Leonardo ; Frost, Jon ; Auer, Raphael ; Rice, Tara ; Monnet, Cyril ; Shin, Hyun Song.
    In: BIS Working Papers.
    RePEc:bis:biswps:976.

    Full description at Econpapers || Download paper

  52. Best Before? Expiring Central Bank Digital Currency and Loss Recovery. (2021). ZHU, YU ; van Oordt, Maarten ; Kahn, Charles.
    In: Staff Working Papers.
    RePEc:bca:bocawp:21-67.

    Full description at Econpapers || Download paper

  53. Predicting the Demand for Central Bank Digital Currency: A Structural Analysis with Survey Data. (2021). Li, Jiaqi.
    In: Staff Working Papers.
    RePEc:bca:bocawp:21-65.

    Full description at Econpapers || Download paper

  54. Too much cocited documents. This list is not complete

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-02-23 06:48:30 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Sponsored by INOMICS. Last updated October, 6 2023. Contact: CitEc Team.

pFad - Phonifier reborn

Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


Alternative Proxies:

Alternative Proxy

pFad Proxy

pFad v3 Proxy

pFad v4 Proxy