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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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| Pubblicato in: | MAGKS - Joint Discussion Paper Series in Economics (Band 05-2022) |
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| Autori principali: | , |
| Natura: | Articolo |
| Lingua: | inglese |
| Pubblicazione: |
Philipps-Universität Marburg
2022
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| Soggetti: | |
| Accesso online: | PDF Full Text |
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MAGKS - Joint Discussion Paper Series in Economics