Economic uncertainty, central bank digital currency, and negative interest rate policy

The COVID-19 outbreak has brought unprecedented social attention to economic uncertainty and negative interest rate policy (NIRP). How does uncertainty affect economic activity, and how effective is a NIRP based on central bank digital currency (CBDC)? To answer the two questions, we constructed a d...

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Bibliographic Details
Main Authors: Baogui Xin, Kai Jiang
Format: Article
Language:English
Published: KeAi Communications Co., Ltd. 2023-12-01
Series:Journal of Management Science and Engineering
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2096232023000422