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dc.contributor.advisorSizova, Elizaveta
dc.contributor.authorSørensen, Olav Martin
dc.contributor.authorTonning, Joachim Losnedal
dc.date.accessioned2024-05-13T08:45:27Z
dc.date.available2024-05-13T08:45:27Z
dc.date.issued2023
dc.identifier.urihttps://hdl.handle.net/11250/3130019
dc.description.abstractIn our empirical study, we examine the impact of a Central Bank Digital Currency on the profitability of Norwegian banks, building on the analytical approach developed by Bellia and Calès (2023). We select a sample of Norwegian banks, with data over the past decade (2013-2022). We assess the sensitivity of bank profitability in regard to deposit withdrawals following CBDC introduction. Using quantile regressions, we estimate the conditional profit distribution of a representative bank. We then introduce a shock factor on the volume of deposits that would be substituted by CBDC. Our findings indicate that banks are not significantly affected by a low adoption rate of CBDC. However, the large demand scenarios indicate that a high adpotion rate may pose challenges, especially for small banks that rely heavily on deposits.en_US
dc.language.isoengen_US
dc.subjectfinancial economicsen_US
dc.titleCBDC and bank profitability in Norway : An empirical study on the impact of Central Bank Digital Currency on bank profitability in Norwayen_US
dc.typeMaster thesisen_US
dc.description.localcodenhhmasen_US


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