Gateway to Think Tanks
来源类型 | Working Paper |
规范类型 | 报告 |
DOI | 10.3386/w23711 |
来源ID | Working Paper 23711 |
Central Bank Digital Currency and the Future of Monetary Policy | |
Michael D. Bordo; Andrew T. Levin | |
发表日期 | 2017-08-21 |
出版年 | 2017 |
语种 | 英语 |
摘要 | We consider how a central bank digital currency (CBDC) could transform all aspects of the monetary system and facilitate the systematic and transparent conduct of monetary policy. In particular, we find that CBDC can serve as a practically costless medium of exchange, secure store of value, and stable unit of account. To achieve these criteria, CBDC would be account-based and interest-bearing, and the monetary policy framework would foster true price stability. |
主题 | Other ; History of Economic Thought ; Macroeconomics ; Money and Interest Rates ; Monetary Policy ; Fiscal Policy |
URL | https://www.nber.org/papers/w23711 |
来源智库 | National Bureau of Economic Research (United States) |
引用统计 | |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/581382 |
推荐引用方式 GB/T 7714 | Michael D. Bordo,Andrew T. Levin. Central Bank Digital Currency and the Future of Monetary Policy. 2017. |
条目包含的文件 | ||||||
文件名称/大小 | 资源类型 | 版本类型 | 开放类型 | 使用许可 | ||
w23711.pdf(513KB) | 智库出版物 | 限制开放 | CC BY-NC-SA | 浏览 |
除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。