CBDC and Monetary PolicySeyed Mohammadreza Davoodalhosseini, Francisco Rivadeneyra & YU ZHU
Improving the conduct of monetary policy is unlikely to be the main motivation for central banks to issue a central bank digital currency (CBDC). While some argue that a CBDC could allow more complex transfer schemes or the ability to break below the zero lower bound, we find these benefits might be small or difficult to realize in practice.
This data repository is not currently reporting usage information. For information on how your repository can submit usage information, please see our documentation.