Publikationsserver
When Does the Introduction of a New Currency Improve Welfare?
In recent years, cryptocurrencies such as Bitcoin have emerged, in upcoming years, corporate currencies such as Libra (Diem) and central bank digital currencies will emerge even in low-inflation developed economies. Using the dual currency search model of Kiyotaki and Wright (1993), we show how the...
Enregistré dans:
| Publié dans: | MAGKS - Joint Discussion Paper Series in Economics (Band 06-2021) |
|---|---|
| Auteurs principaux: | , |
| Format: | Article |
| Langue: | anglais |
| Publié: |
Philipps-Universität Marburg
2021
|
| Sujets: | |
| Accès en ligne: | Texte intégral en PDF |
| Tags: |
Ajouter un tag
Pas de tags, Soyez le premier à ajouter un tag!
|
MAGKS - Joint Discussion Paper Series in Economics