Monetary policy communication: Uncovering central bank tweeting
Oana Peia, Davide Romelli and Donato Masciandaro in this voxeu column analyse tweets from central bank handles: Major central banks are increasingly relying on the more direct channel of disseminating...
View ArticleContributions of RBI’s Department of Economic and Policy Research (DEPR) and...
RBI Governor Shaktikanta Das in this speech discusses the role of Department of Economic and Policy Research (DEPR) and its role as a think-tank: 11. For a full-service central bank like the RBI, its...
View ArticleHow do Behavioral Approaches to Increase Savings Compare? Evidence from...
Richard W. Patterson & William L. Skimmyhorn in this interesting NBER research do an experiment to increase savings in US army: Information provision, choice simplification, social messaging,...
View ArticleHow Do Deposit Rates Respond to Monetary Policy? US edition
the literature suggests that as central bank increases policy rates, there is a rise in interest rates of deposits and credit. This leads to rise in deposits and fall in credit. infact we are seeing...
View ArticleInstant Payments: Regulatory Innovation and Payment Substitution Across...
Tanai Khiaonarong and David Humphrey in this IMF paper say countries have instant payments systems do not need retail CBDC: Instant, or fast, payments are credit transfers completed and settled within...
View ArticleThe benefits of road maintenance: Lessons from Indonesia
Alexander Rothenberg, Marco Gonzalez-Navarro, Tadeja Gračner and Paul J Gertler in this voxeu article: Despite a large literature on the benefits of new transport links, we know little about the value...
View ArticleThe lighter/humorous side of making monetary policy
Michael Debabrata Patra, Deputy Governor, Reserve Bank of India in this speech talks about lighter side of monetary policy: I am honoured to be invited to this year’s Conclave. In a short span of eight...
View ArticleSpillovers from China to global financial markets: What happens in China does...
William L. Barcelona, Danilo Cascaldi-Garcia, Jasper J. Hoek and Eva Van Leemput in this Federal Reserve paper: Spillovers from China to global financial markets have been found to be small owing to...
View ArticleWhat is the RBI pilot programme for a retail digital rupee?
The Reserve Bank of India (RBI) announced that it is starting the first pilot for its retail digital rupee on December 1, marking the first step towards the adoption of a retail digital rupee or retail...
View ArticleAn Examination of First-Mover Advantage for a CBDC
Ken Isaacson, Jesse Leigh Maniff and Paul Wong in this research see little merit in first mover advantage for a CBDC: This paper explores whether there could be a first-mover advantage for a...
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