Mostly Economics

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Empirical perspectives on auctions Posted: 29 Nov 2021 04:53 AM PST Ali Hortaçsu & Isabelle Perrigne in this NBER paper analyse research in auctions over 30 years: The empirical analysis of auction data has become a thriving field of research over the past thirty years. Relying on sophisticated models and advanced econometric methods, it addresses a wide range of policy questions for both public and private institutions. This […]

Central bank digital currencies as superheroes? Posted: 29 Nov 2021 04:19 AM PST Tara Rice, Head of Secretariat, Committee on Payments and Market Infrastructures at BIS in this speech compares CBDCs to superheroes who can do all: Last year’s CPMI CBDC survey showed that financial inclusion and enhancing domestic payments efficiency and safety are key motivations of central banks for issuing CBDC. These are followed by financial stability and […]

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