Central Bank digital currencies: An Agenda for future research

Elsayed, Ahmed H.; Ali Nasir, Muhammad

Abstract

Central bank digital currencies are engendering concern. As understanding of CBDCs is very limited, further research is warranted which will focus not only on the economic rationale of CBDCs but also on how they will impact monetary policy transmission, financial and price stability, inflation targeting, unconventional monetary instruments, central banks as lenders of last resort, and provision of forward guidance. There are also unsettled questions regarding ethics, privacy and environmental and technological constraints. With the imminent implementation of CBDCs, it is vital to explore these issues.

Citation

Elsayed, A. H., & Ali Nasir, M. (2022). Central Bank digital currencies: An Agenda for future research. Research in International Business and Finance, 62, Article 101736. https://doi.org/10.1016/j.ribaf.2022.101736

• Journal Article Type: Article
• Acceptance Date: Aug 8, 2022
• Online Publication Date: Aug 12, 2022
• Publication Date: 2022-12
• Deposit Date: Aug 10, 2022
• Publicly Available Date: Sep 2, 2022
• Journal: Research in International Business and Finance
• Print ISSN: 0275-5319
• Electronic ISSN: 1878-3384
• Publisher: Elsevier
• Peer Reviewed: Peer Reviewed
• Volume: 62
• Article Number: 101736
• DOI: https://doi.org/10.1016/j.ribaf.2022.101736
• Public URL: https://durham-repository.worktribe.com/output/1193953