Central Bank Digital Currencies Analyzed in a Banking School versus Currency School Framework

【Author】 Smirna, Tudor Gherasim; Ifrim, Mihaela; Topan, Mihai Vladimir; Stamate-Stefan, Andreas

【Source】PROCEEDINGS OF THE INTERNATIONAL CONFERENCE ON BUSINESS EXCELLENCE

【影响因子】

【Abstract】This article analyses the justifications for the creation of central bank digital currencies - CBDCs - and their anticipated features with the aim of looking at them from two different and somewhat opposing perspectives. These perspectives define the two broad historical and logical currents that emerged in the Banking School versus the Currency School debates. We are going to investigate to which extent can the concept of CBDC be embedded into the Banking School's body of thought and to which extent can it be criticized with the arguments of the Currency School.

【Keywords】CBDC; central banking; monetary policy; Currency School; Banking School; cryptocurrencies; decentralized finance

【发表时间】2023 JUL 1

【收录时间】2023-10-13

【文献类型】实证数据

【主题类别】

区块链应用-虚拟经济-CBDC