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