Digital Base Money: a few considerations from a central bank’s perspective

Digital Base Money: a few considerations from a central bank’s perspective

There are many ways to design Digital Base Money (DBM) for non-banks. The different options have potential impacts – both positive and negative – that need to be studied and considered carefully. Only when the best way of designing DBM has been identified, can a decision be made as to whether DBM of...

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Auteur principal: Mersch, Yves
Format: Article ou chapitre numérique
Langue:Français
Publié: 2017
Accès en ligne:Accès Université d'Orléans et IFPM
Accès Université d'Orléans et IFPM
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spelling cairn-RINDU1_174_0033RINDU1Annales des Mines - Réalités industrielles https://stm.cairn.info/revue-realites-industrielles-2017-4-page-33?lang=en https://doi.org/10.3917/rindu1.174.0033 Digital Base Money: a few considerations from a central bank’s perspective Mersch, Yves2017 fre Annales des Mines - Réalités industrielles | ovembre 2017 | 4 | 2017-10-23 | p. 33-35 | 1148-7941 RINDU1_1742 There are many ways to design Digital Base Money (DBM) for non-banks. The different options have potential impacts – both positive and negative – that need to be studied and considered carefully. Only when the best way of designing DBM has been identified, can a decision be made as to whether DBM of non-banks should be introduced at all.The most important question for the European Central Bank is whether introducing a DBM would affect our ability to honor our mandate to maintain price stability.Cairn free access
language Français
format Article ou chapitre numérique
building 0/Bibliothèque numérique/
1/Bibliothèque numérique/Cairn/
description There are many ways to design Digital Base Money (DBM) for non-banks. The different options have potential impacts – both positive and negative – that need to be studied and considered carefully. Only when the best way of designing DBM has been identified, can a decision be made as to whether DBM of non-banks should be introduced at all.The most important question for the European Central Bank is whether introducing a DBM would affect our ability to honor our mandate to maintain price stability.
author Mersch, Yves
spellingShingle Mersch, Yves
Digital Base Money: a few considerations from a central bank’s perspective
author_facet Mersch, Yves
author_sort Mersch, Yves
title Digital Base Money: a few considerations from a central bank’s perspective
title_short Digital Base Money: a few considerations from a central bank’s perspective
title_full Digital Base Money: a few considerations from a central bank’s perspective
title_fullStr Digital Base Money: a few considerations from a central bank’s perspective
title_full_unstemmed Digital Base Money: a few considerations from a central bank’s perspective
title_sort digital base money: a few considerations from a central bank’s perspective
publishDate 2017
container_title
container_issue
url https://ezproxy.univ-orleans.fr/login?url=https://stm.cairn.info/revue-realites-industrielles-2017-4-page-33?lang=en
https://ezproxy.univ-orleans.fr/login?url=https://doi.org/10.3917/rindu1.174.0033
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