Pirgmann, Michael; Wawrosz, Petr - In: Economies : open access journal 12 (2024) 6, pp. 1-24
effective lower bound (ELB), and negative interest rate policies (NIRPs), specifically in the case of the digital euro (DE …). Through a combination of theoretical modeling and empirical analysis, including two extensive surveys among EU participants …, we explore whether CBDCs can change the ELB and affect consumer preferences in favor of the digital euro over physical …