Central bank digital currencies: An agenda for future research

【Author】 Elsayed, Ahmed H.; Nasir, Muhammad Ali

【Source】RESEARCH IN INTERNATIONAL BUSINESS AND FINANCE

【影响因子】6.143

【Abstract】Central bank digital currencies are engendering concern. As understanding of CBDCs is very limited, further research is warranted which will focus not only on the economic rationale of CBDCs but also on how they will impact monetary policy transmission, financial and price sta-bility, inflation targeting, unconventional monetary instruments, central banks as lenders of last resort, and provision of forward guidance. There are also unsettled questions regarding ethics, privacy and environmental and technological constraints. With the imminent implementation of CBDCs, it is vital to explore these issues.

【Keywords】Central bank digital currencies; Monetary policy; Financial stability; Inflation targeting; Blockchains; Cryptocurrencies

【发表时间】2022 DEC

【收录时间】2022-10-13

【文献类型】观点阐述

【主题类别】

区块链治理-市场治理-数字货币