Litcius/Paper detail

A central bank digital currency in a heterogeneous monetary union: Managing the effects on the bank lending channel

Paolo Fegatelli

2022Journal of Macroeconomics54 citationsDOI

Topics & Concepts

DisintermediationDigital currencyBusinessBank rateFinancial systemCurrencyMonetary policyMonetary baseChinese financial systemRecapitalizationMonetary reformEconomicsReserve requirementOpen market operationMonetary economicsCentral bankFinanceChinaLawPolitical scienceBlockchain Technology Applications and SecurityBanking stability, regulation, efficiencyFinancial Literacy, Pension, Retirement Analysis