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Is a Secondary Currency Essential? – On the Welfare Effects of a New Currency
The coexistence of cash and digital currencies constitutes a system of parallel currencies. This paper tackles the question whether a new (digital) currency is essential: Does a new currency allow for a better resource allocation even if a fully accepted currency is in circulation and still remains...
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| Publié dans: | MAGKS - Joint Discussion Paper Series in Economics (Band 05-2022) |
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| Auteurs principaux: | , |
| Format: | Article |
| Langue: | anglais |
| Publié: |
Philipps-Universität Marburg
2022
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| Sujets: | |
| Accès en ligne: | Texte intégral en PDF |
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MAGKS - Joint Discussion Paper Series in Economics