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<\/a><\/p>\nMattia Calosci<\/strong>, G. d’Annunzio, University of Chieti-Pescara, Department of Socio-Economic, Managerial and Statistical Studies, Italy<\/em><\/p>\nAntonino Crisafulli<\/strong>,\u00a0La Sapienza, University of Rome, Department of Management, Italy<\/em><\/p>\nMattia Giantomassi<\/strong>,\u00a0La Sapienza, University of Rome, Department of Management, Italy<\/em><\/p>\nSaverio Giorgio<\/strong>, G. d’Annunzio, University of Chieti-Pescara, Department of Socio-Economic, Managerial and Statistical Studies, Italy<\/em><\/p>\n <\/p>\n
Abstract:<\/strong><\/h3>\nThis paper offers a bibliometric and thematic analysis of the literature on Central Bank Digital Currencies (CBDCs), treating the digital euro as a specific euro-area case within the broader CBDC debate. Drawing on 522 peer-reviewed journal articles from Scopus and Web of Science covering the period 2016-2026, this paper combines performance analysis, science mapping, Term Frequency-Inverse Document Frequency (TF-IDF) text representation, Non-negative Matrix Factorization (NMF) topic modelling, k-means clustering and interpretive content analysis, using Bibliometrix in R, Python, and VOSviewer. The results show a sharp acceleration in academic output from 2021 to 2025 and identify five thematic areas: technology infrastructure; monetary-financial stability; adoption and trust; digital euro governance and design; regulation and crypto-assets. The paper shows that the field has achieved thematic consolidation but remains only partially integrated across institutional, behavioural, technological, and market-oriented research strands.<\/p>\n
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Keywords:<\/strong><\/h3>\nCentral Bank Digital Currencies; Digital euro; Bibliometric analysis; Thematic analysis<\/p>\n
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Citation (APA):<\/strong><\/h3>\nCalosci, M., Crisafulli, A., Giantomassi, M., & Giorgio, S. (2026). Central bank digital currencies: Bibliometric and thematic insights from the literature. Multinational Finance Journal, 30<\/em>(3\/4), 1\u201340.<\/p>\nCitation (Harvard):<\/strong><\/h3>\n\n
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Calosci, M., Crisafulli, A., Giantomassi, M. and Giorgio, S., 2026. Central Bank Digital Currencies: Bibliometric and Thematic Insights from the Literature. Multinational Finance Journal<\/em>, 30(3\/4), pp.1\u201340.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/section>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"Central Bank Digital Currencies: Bibliometric and Thematic Insights from the Literature Multinational Finance Journal, 2026, vol. 30, no. 3\/4, pp. 1-40 Doi: 10.67454\/30-3\/4-1 \u2013 an open-access journal article Mattia Calosci, G. d’Annunzio, University of Chieti-Pescara, Department of Socio-Economic, Managerial and Statistical Studies, Italy Antonino Crisafulli,\u00a0La Sapienza, University of Rome, Department of Management, Italy Mattia Giantomassi,\u00a0La […]<\/p>\n","protected":false},"author":621,"featured_media":0,"parent":221,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_acf_changed":false,"footnotes":""},"class_list":["post-2636","page","type-page","status-publish","hentry"],"acf":[],"_links":{"self":[{"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/pages\/2636"}],"collection":[{"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/users\/621"}],"replies":[{"embeddable":true,"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/comments?post=2636"}],"version-history":[{"count":6,"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/pages\/2636\/revisions"}],"predecessor-version":[{"id":2647,"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/pages\/2636\/revisions\/2647"}],"up":[{"embeddable":true,"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/pages\/221"}],"wp:attachment":[{"href":"https:\/\/sites.uwasa.fi\/mfjuva\/wp-json\/wp\/v2\/media?parent=2636"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}