Tipo di tesi
Tesi di laurea magistrale
Dipartimento
ECONOMIA E MANAGEMENT
Corso di studi
BANCA, FINANZA AZIENDALE E MERCATI FINANZIARI
Parole chiave
- balancesheetrecession
- Bindseil
- cbdc
- centralbankliabilities
- centralbankmoney
- Kumhof
- Noone
- quantitativeeasing
- RichardKoo
Data inizio appello
04/10/2021
Consultabilità
Non consultabile
Data di rilascio
04/10/2091
Riassunto (Italiano)
“Quantitative easing trap and CBDC”. The idea behind this is to understand how the introduction of a CBDC can affect the financial system and if it can be used to absorb the excess of liquidity in the financial market, driven by the QE, without arming the whole economical system.
Specifically, I am analysing the balance sheet of the italian majors’ bank from the Refinitiv Eikon platform, to understand what the possible effects on their returns could be if the Central Bank will decide to introduce their own Digital Currency. The possible introduction of cbdc leaded the discussion on how we consider central bank money today and how we can consider it in future.