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MIT experts test technical research for a hypothetical central bank digital currency（图）
央行数字货币 联邦储备银行 CBDC
2023/6/20
In collaboration with a team at the Federal Reserve Bank of Boston, MIT experts have begun designing and testing technical research through which further examination of a Central Bank Digital Currency...
Changes in Central Bank Procedures During the Subprime Crisis and Their Repercussions on Monetary Theory
central bank procedures federal funds rate interest on bank reserves money multiplier
2011/8/21
The subprime financial crisis has forced several central banks to take extraordinary measures and to modify some of their operational procedures. These changes have made the deficiencies and lack of r...
ROBUST MONETARY POLICY UNDER UNCERTAINTY ABOUT CENTRAL BANK PREFERENCES
central bank opacity min杕ax policies model uncertainty robust control
2011/8/21
In this paper, we study the impact of central bank opacity on macroeconomic performances in a new Keynesian framework with model uncertainty using robust control techniques. We identify a new source o...