Follow Us

Follow us on Twitter  Follow us on LinkedIn
05 October 2020

VOX: Central bank digital currency remuneration in a world with low or negative nominal interest rates

 Moreover, negative interest rate policy is incompatible with the unconstrained supply of zero-remunerated central bank digital currency. This column argues that a two-tier remuneration system for the currency would be an efficient solution to these issues. It...
To view the rest of this article, click here.