Central bank digital currencies: motives, economic implications, and the research frontier

R Auer, J Frost, L Gambacorta, C Monnet… - Annual review of …, 2022 - annualreviews.org
In just a few years, central banks have rapidly ramped up their research and development
efforts on central bank digital currencies (CBDCs). A growing body of economic research …

Central bank digital currency: A review and some macro-financial implications

H Chen, PL Siklos - Journal of Financial Stability, 2022 - Elsevier
Abstract Central Bank Digital Currencies (CBDC) have attracted considerable interest and
its deployment on a global scale is imminent. However, CBDC face several challenges …

Fintech, cryptocurrencies, and CBDC: Financial structural transformation in China

F Allen, X Gu, J Jagtiani - Journal of International Money and Finance, 2022 - Elsevier
Fintech and decentralized finance have penetrated all areas of the financial system and
have improved financial inclusion in the last decade. In this paper, we review the recent …

[HTML][HTML] The effects of central bank digital currencies news on financial markets

Y Wang, BM Lucey, SA Vigne, L Yarovaya - Technological Forecasting and …, 2022 - Elsevier
Based on coverage of over 660m news stories from LexisNexis News & Business between
2015–2021, we provide two new indices around the growing area of Central Bank Digital …

Central bank digital currency in an open economy

MF Minesso, A Mehl, L Stracca - Journal of Monetary Economics, 2022 - Elsevier
A two-country DSGE model with central bank digital currency (CBDC) is derived and used to
analyze the open-economy implications of CBDC for the transmission of shocks, optimal …

Designing central bank digital currencies

I Agur, A Ari, G Dell'Ariccia - Journal of Monetary Economics, 2022 - Elsevier
The optimal design of a central bank digital currency (CBDC) is analyzed in an environment
where agents sort into cash, CBDC, and bank deposits according to their preferences over …

A survey of fintech research and policy discussion

F Allen, X Gu, J Jagtiani - Review of Corporate Finance, 2021 - papers.ssrn.com
The intersection of finance and technology, known as fintech, has resulted in the dramatic
growth of innovations and has changed the entire financial landscape. While fintech has a …

Central bank digital currencies: agendas for future research

R Bhaskar, AI Hunjra, S Bansal, DK Pandey - Research in International …, 2022 - Elsevier
We use the bibliometric and content analysis of 174 documents retrieved from the Scopus
database to present the publication trends in Central Bank Digital Currencies (CBDCs) since …

Should central banks issue digital currency?

T Keister, D Sanches - The Review of Economic Studies, 2023 - academic.oup.com
We study how introducing a central bank digital currency affects equilibrium allocations and
welfare in an environment where both currency and bank deposits are used in exchange …

How does the fintech sector react to signals from central bank digital currencies?

Z Li, C Yang, Z Huang - Finance Research Letters, 2022 - Elsevier
This study analyzes how the fintech sector reacts to central bank digital currency (CBDC)
signals released by central banks. First, we innovatively construct a signal index for the …