VoxEU Column The optimal amount of central bank digital currency in circulation Frank Smets Carlos Montes-Galdon Manuel A. Muñoz Lorenzo Burlon 16 Aug 2022 Monetary Policy
Discussion paper DP16995 The optimal quantity of CBDC in a bank-based economy Lorenzo Burlon Carlos Montes-Galdon Manuel A. Muñoz Frank Smets 2 Feb 2022 Monetary Economics and Fluctuations E42 E58 G21
Discussion paper DP16403 Macroeconomic stabilisation and monetary policy effectiveness in a low-interest-rate environment Günter Coenen Carlos Montes-Galdon Sebastian Schmidt 27 Jul 2021 Monetary Economics and Fluctuations E31 E32 E37 E52 E58
Discussion paper DP16050 Effects of State-Dependent Forward Guidance, Large-Scale Asset Purchases and Fiscal Stimulus in a Low-Interest-Rate Environment Günter Coenen Carlos Montes-Galdon Frank Smets 18 Apr 2021 Monetary Economics and Fluctuations E31 E32 E37 E52 E62
