Cross-Border Central Bank Digital Currencies, Bank Runs and Capital Flows Volatility /
Central banks around the world are increasingly exploring central bank digital currencies (CBDCs). This paper investigates the possible impacts of cross-border CBDCs on capital flows and financial stability in a simple open economy extension of a classical model of bank runs, augmented with the pres...
| Hlavní autor: | |
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| Médium: | Časopis |
| Jazyk: | English |
| Vydáno: |
Washington, D.C. :
International Monetary Fund,
2022.
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| Edice: | IMF Working Papers; Working Paper ;
No. 2022/083 |
| Témata: | |
| On-line přístup: | Full text available on IMF |