Rubinacci, Chiara (A.A. 2020/2021) Cryptocurrencies and stablecoins: a potential harm to ECB monetary policy: is a digital euro the solution? Tesi di Laurea in Macroeconomic analysis, Luiss Guido Carli, relatore Pietro Reichlin, pp. 140. [Master's Degree Thesis]

PDF (Full text) Restricted to Registered users only Download (2MB) | Request a copy

Abstract/Index

The evolution of payments. Cryptocurrencies: description and monetary policy implications. Let’s define them properly. Major cryptocurrencies and latest price developments. Structure and functioning. Can cryptocurrencies be considered money? Do cryptocurrencies represent a threat to monetary policy of ECB? Stablecoins: revolution in the crypto market? Classification of stablecoins. Libra: Facebook steps into the crypto market. Criticism and potential challenges to monetary policy and financial stability. Central Bank digital currencies: a focus on the digital euro project. A brief introduction on central bank digital currencies. Definition of a digital euro. Digital euro project timeline. Characteristics and requirements. Reasons to issue a digital euro. Challenges of a digital euro. Will the central bank digital currencies replace the cryptocurrencies? An event study. Event study. Methodology and theoretical background. Data. Empirical results. Regression analysis. Methodology.

References

Bibliografia: pp. 115-127.

Thesis Type:	Master's Degree Thesis
Institution:	Luiss Guido Carli
Degree Program:	Master's Degree Programs > Master's Degree Program in Economics and Finance (LM-56)
Chair:	Macroeconomic analysis
Thesis Supervisor:	Reichlin, Pietro
Thesis Co-Supervisor:	Borri, Nicola
Academic Year:	2020/2021
Session:	Extraordinary
Deposited by:	Alessandro Perfetti
Date Deposited:	07 Sep 2022 14:00
Last Modified:	07 Sep 2022 14:00
URI:	https://tesi.luiss.it/id/eprint/33239

Downloads

Repository Staff Only

View Item