Central Banks’ Monetary Policy in the Face of the COVID-19 Economic Crisis: Monetary Stimulus and the Emergence of CBDCs

Central Banks’ Monetary Policy in the Face of the COVID-19 Economic Crisis: Monetary Stimulus and the Emergence of CBDCs

This article analyzes the monetary policy of major central banks during the economic crisis generated by the COVID-19 pandemic. Rising public debt in many countries is being financed through asset purchases by monetary authorities. Although these stimulus policies predate the pandemic, they have bee...

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Bibliographic Details
Main Authors: Miguel Ángel Echarte Fernández, Sergio Luis Náñez Alonso, Javier Jorge-Vázquez, Ricardo Francisco Reier Forradellas
Format: Article
Language:English
Published: MDPI AG 2021-04-01
Series:Sustainability
Subjects:
expansionary monetary policy
CBDC
negative interest rates
monetary stimulus
digital currencies
international monetary systems
Online Access:https://www.mdpi.com/2071-1050/13/8/4242

Internet

https://www.mdpi.com/2071-1050/13/8/4242

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