Publication details

Towards New Challenges of Monetary Policy

Title in English Towards New Challenges on Monetary Policy
Authors

SCHWEIGL Johan

Year of publication 2017
Type Article in Proceedings
Conference ??????????????? ?????: ?????????, ?????????? ? ?????
MU Faculty or unit

Faculty of Law

Citation
Field Law sciences
Keywords Monetary policy; digital base money; central bank digital currency; monetary policy instruments; money supply.
Description In this paper, the author focused on central bank digital currencies, which are being discussed at all kinds of official levels, in the last few years. He outlined the existing types of money to show how they would be complemented by central bank digital currencies. Some of the main central banks’ approaches to central bank digital currencies are outlined as well. Finally, the author considered some of the possible effects that these currencies would have on monetary policy.

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