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欧洲委员会:2022年支付方式调查报告央行数字货币和欧洲银行的资产负债表(英文版)(28页).pdf

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1、 Central bank digital currency and European banks balance sheets Petracco Giudici,M.,Di Girolamo,F.2023 EUR 31387 EN ISSN 1831-9424 This publication is a Technical report by the Joint Research Centre(JRC),the European Commissions science and knowledge service.It aims to provide evidence-based scient

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4、he expression of any opinion whatsoever on the part of the European Union concerning the legal status of any country,territory,city or area or of its authorities,or concerning the delimitation of its frontiers or boundaries.EU Science Hub https:/joint-research-centre.ec.europa.eu JRC132239 EUR 31387

5、 EN PDF ISBN 978-92-76-61675-7 ISSN 1831-9424 doi:10.2760/1356 KJ-NA-31-387-EN-N Luxembourg:Publications Office of the European Union,2023 European Union,2023 The reuse policy of the European Commission documents is implemented by the Commission Decision 2011/833/EU of 12 December 2011 on the reuse

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本文主要研究了中央银行数字货币(CBDC)对欧洲银行资产负债表的影响。文章基于欧洲央行提出的CBDC需求场景,通过模拟不同需求量下的CBDC对存款的替代效应,评估了其对银行资产负债表的潜在影响。主要结论如下: 1. 在人均需求量在2-5千欧元的场景下,银行资产负债表能够吸收存款替代带来的冲击,整体风险可控。 2. 不同银行、不同国家之间存在显著差异,冲击的分布不均,可能引发银行间收入流的重新分配。 3. 银行可以通过调整自由准备金、批发融资和贷款资产等渠道来应对存款冲击。其中,批发融资和贷款资产调整是主要渠道。 4. 在极端情况下,如果仅通过减少对客户的贷款来吸收冲击,大部分银行能够应对小于存款替代量的冲击。 5. 整体而言,CBDC对银行资产负债表的影响取决于其具体需求量,在当前研究场景下,对金融稳定的影响有限。
欧洲央行数字货币对银行资产负债表的影响是什么? 欧洲央行数字货币对银行间市场有何影响? 欧洲央行数字货币对金融稳定有何潜在影响?
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