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...

पूर्ण विवरण

में बचाया:
ग्रंथसूची विवरण
में प्रकाशित:MAGKS - Joint Discussion Paper Series in Economics (Band 06-2021)
मुख्य लेखकों: Fuchs, Max, Michaelis, Jochen
स्वरूप: लेख
भाषा:अंग्रेज़ी
प्रकाशित: Philipps-Universität Marburg 2021
विषय:
ऑनलाइन पहुंच:पीडीएफ पूर्ण पाठ
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MAGKS - Joint Discussion Paper Series in Economics