MARC details
| 000 -LEADER |
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| fixed length control field |
02568nam a22002897a 4500 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION |
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| fixed length control field |
210618s2019 gw a gr 000 0 eng d |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER |
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| International Standard Book Number |
9783668928893 |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER |
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| International Standard Book Number |
3668928894 |
| 040 ## - CATALOGING SOURCE |
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| Original cataloging agency |
CBNCAT |
| 050 ## - LIBRARY OF CONGRESS CALL NUMBER |
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| Classification number |
HG1710 |
| 082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER |
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| Classification number |
332.4 |
| Item number |
FRA |
| 100 ## - MAIN ENTRY--PERSONAL NAME |
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| Personal name |
Francesevic, Marko |
| 245 ## - TITLE STATEMENT |
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| Title |
Implications of central bank backed digital currencies (crypto currencies) on monetary policy, financial stability and balance sheets : |
| Remainder of title |
an exploratory scenario analysis / |
| 250 ## - EDITION STATEMENT |
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| Edition statement |
Thesis/dissertation |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) |
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| Place of publication, distribution, etc |
München : |
| Name of publisher, distributor, etc |
GRIN Verlag, |
| Date of publication, distribution, etc |
2019. |
| 300 ## - PHYSICAL DESCRIPTION |
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| Extent |
115 pages ; illustrations |
| 500 ## - GENERAL NOTE |
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| General note |
A Master's Thesis of the Magisterarbeit Copenhagen Business School, 2018 |
| 504 ## - BIBLIOGRAPHY, ETC. NOTE |
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| Bibliography, etc |
Includes bibliographical references |
| 520 ## - SUMMARY, ETC. |
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| Summary, etc. |
Inspired by the recent publication of various Central Banks that study the issuance of their own versions of digital currencies, this paper aims at identifying the implications of such a central bank issued digital currency on monetary policy, financial stability and non-bank private sector, central bank and commercial bank balance sheet. It does so by conducting a scenario analysis, where each scenario specifies a distinct form of how a central bank issued digital currency could be introduced and how the resulting implications on the spheres of interest might change as a consequence. The results of this scenario analysis propose that in either implementation mode a CBDC generally provides a positive effect on both financial stability and monetary policy. The degree of the advantageous effect is, however, not only dependent on the implementation scenario, but also on the behaviour of the central banks, the commercial banks and the general public. In terms of balance sheets, this paper identified major changes. The results and implications that have been derived are based on literature, an expert interview and previous research conducted by other central banks and notable scholars. Based on the implications stemming from the four investigated scenarios, this paper evaluates these implications from a perspective of the New Currency School and Banking School. All in all, since this paper sees a central bank backed digital currency as a potential catalyst for a substantial change of the current monetary system, it provides scenarios and theories that challenge the status quo. |
| 590 ## - Local Notes: Cataloguer & Date |
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| Local note |
oif 18/06/2021 |
| 591 ## - Local Note: Item Class (Ref/Loans/Arch): Loans |
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| Local Note: Item Class |
Loans |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Cryptocurrencies |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM |
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| Topical term or geographic name as entry element |
Digital currencies---Central Banks |
| 700 ## - ADDED ENTRY--PERSONAL NAME |
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| Personal name |
Schuster, Marco |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) |
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| Source of classification or shelving scheme |
Dewey Decimal Classification |
| Koha item type |
Monograph & others |
| 949 ## - LOCAL PROCESSING INFORMATION (Call No. /Shelf Ref) |
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| Call No. /Shelf Ref |
332.4 FRA |
