Central Bank Digital Currencies - Design Principles and Balance Sheet Implications

2018

212 citations recorded by the source corpus.

Citations in the corpus

Rise of the Central Bank Digital Currencies: Drivers, Approaches and Technologies (2020, unknown): “17 See Adrian and Griffoli-Mancini (2019) and Kumhof and Noone (2019).”
The technology of retail central bank digital currency (2020, unknown): “This term is used by Kumhof and Noone (2018), and is equivalent to the “synthetic CBDC” in Adrian and ManciniGriffoli (2019).”
Is Bitcoin a Commodity? On price jumps, demand shocks, and certainty of supply (2019, unknown): “Sanches (2018) and Kumhof and Noone (2018) are mainly concerned about effects on bank funding, credit and liquidity provision, and crowding out of bank deposits.”
Should Central Banks Issue Digital Currency? (2019, unknown): “Combining equations (11) and (22) shows that banker ’s project will be funded if and only if its productivity  is greater than ̂ = 1 +   ”
Tiered CBDC and the Financial System (2020, unknown): “Kumhof and Noone (2018, 34) are well aware of the possibility to address CBDC’s potential structural and cyclical bank disintermediation through applying unattractive and/or negative interest rates on CBDC.”
Assessing the Impact of Central Bank Digital Currency on Private Banks (2018, unknown): “Here, the first term in condition (20) represents the marginal benefit of increasing R; namely, the consequent increase in the depositor base multiplied by the profit margin.”