Browsing Staff Memo by Author "Müller, Carola"
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The demand for safe liquid assets and the implications of issuing a Central Bank Digital Currency for bank funding instruments
Müller, Carola (Staff Memo;8/2020, Working paper, 2020)The pros and cons of issuing a Central Bank Digital Currency (CBDC) is currently debated by Norges Bank and other central banks. A CBDC would grant access to the central bank balance sheet to a broader set of economic ...