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3 publications found, searching for 'Biagio Bossone '
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Working Paper No. 1015February 20, 2023
CBDC Next-Level: A New Architecture for Financial “Super-Stability”
AbstractFractional reserve regimes generate fragile banking, and full reserve regimes (e.g., narrow banking) remove fragility at the cost of suppressing the role of banks as lenders. A Central Bank Digital…more
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Public Policy Brief No. 69November 02, 2002
Should Banks Be “Narrowed”?
AbstractIn this brief, Biagio Bossone of the International Monetary Fund evaluates narrow banking from the perspective of modern theories of financial intermediation. These theories portray the status quo banking system…more
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Working Paper No. 354October 01, 2002
Should Banks Be Narrowed?
AbstractOver the past 70 years, a proposal to narrow the scope of banks has emerged more and more frequently in financial debates and research. Narrow banking would prevent deposit-issuing banks…more
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