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Maarten van Oordt: Best Before? Expiring Central Bank Digital Currency and Loss Recovery (PDF, 2,7 MB)
… Economic Dynamics & Control, 142:104148, 2022. M. Bijlsma, C. van der Cruijsen, N. Jonker, and J. Reijerink. What Triggers Consumer Adoption of CBDC? De Nederlandsche Bank Working Paper, 709, 2021. …
Erkki Liikanen – Is the post-crisis financial system more resilient? What remains to be done? (PDF, 262 kB)
… mandate to ensure rigorous and consistent supervision of cross-bor- der banks. At the same time, it draws on the local expertise of national finan- cial supervisors. Secondly, the common crisis resolution …
Stefano Ugolini – The Political Economy of Central Banking: Historical Perspectives (PDF, 1,6 MB)
… of alternative arrangements have been engineered over time in or- der to ensure monetary and financial 1 For a summary of this influential research strand, see Sargent and Wallace (1976). VOWI_Tagung …
Charles A. E. Goodhart – Lessons for Monetary Policy from the Euro Area Crisis (PDF, 1,6 MB)
… in those states on the balance sheets of these large cross-bor- der banks, their overall funding costs will have been determined nation-wide. Their credit-expansion criteria will again be determined …
Charles Albert Eric Goodhart – Is the Euro Sustainable? (PDF, 722 kB)
… question around and ask a related question instead, which is un- der what circumstances might the euro become unsustainable? Mike Mussa, when Chief Econo- mist at the IMF, noted the regular pat- tern …
Klaus Regling – Europe’s Response to the Sovereign Debt Crisis (PDF, 279 kB)
… resolution authority and a more centralised supervision for cross-bor- der banks are three key elements to make EMU more complete. Moving to- wards a banking union would underpin a well-functioning financial …
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