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Central bank digital currency, loan supply, and bank failure risk: a microeconomic approach
Central bank digital currencies (CBDCs), which are legal tenders in digital form, are expected to reduce currency issuance and circulation costs and broaden the scope of monetary policy. In addition, these currencies may also reduce consumers’ need for conventional demand deposits, which, in turn, i...
| Autores principales: | , |
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| Formato: | Online Artículo Texto |
| Lenguaje: | English |
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Springer Berlin Heidelberg
2021
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| Acceso en línea: | https://www.ncbi.nlm.nih.gov/pmc/articles/PMC8645351/ https://www.ncbi.nlm.nih.gov/pubmed/35024292 http://dx.doi.org/10.1186/s40854-021-00296-4 |