Central Bank Digital Currency: Motivations and Implications
By Walter Engert, B. Fung. 2017
119 citations recorded by the source corpus.
View Paper: https://www.semanticscholar.org/paper/9decd2fba6e05ae94e1dc407028d015621f69790
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
- M. Gronwald
- Todd Keister
- Daniel R. Sanches
- U. Bindseil
- David Andolfatto
- Raphael A. Auer
- Mohamed Arouri
Citations in the corpus
- Assessing the Impact of Central Bank Digital Currency on Private Banks (2018, background): “By condition (15), it is clear that the profit-maximizing deposit rate in this case matches (marginally exceeds) the interest paid on CBDC; i.”
- Designing Central Bank Digital Currencies (2019, unknown): “For instance, the need to tax positive interest earnings may interfere with a desire to offer a degree of anonymity on the CBDC in certain jurisdictions (Engert and Fung, 2017).”
- Should Central Banks Issue Digital Currency? (2019, background): “The first-order condition for the real physical currency balances of a buyer who will potentially be in a type 1 match can then be written as (R · f1 (a)) ≤ +1 (9) with equality if 0 0 The first-order condition for the deposits of a buyer who will potentially be in a type 2 match is ”
- Is Bitcoin a Commodity? On price jumps, demand shocks, and certainty of supply (2019, background): “Among the main motivations discussed by Engert and Fung (2017) are the promotion of financial inclusion and a reduction in the lower bound on interest rates.”
- Tiered CBDC and the Financial System (2020, background): “1 Recent publications include Engert and Fung (2017), CPMI-MC (2018), Kumhof and Noone (2018), Sveriges Riksbank (2018), Armerlius et al (2018), Juks (2018), Nessen et al (2018), Niepelt (2018), Panetta (2018) – see also the further literature referenced there.”