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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I publikationen: | MAGKS - Joint Discussion Paper Series in Economics (Band 05-2022) |
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Huvudupphovsmän: | , |
Materialtyp: | Artikel |
Språk: | engelska |
Publicerad: |
Philipps-Universität Marburg
2022
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Länkar: | PDF-fulltext |
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MAGKS - Joint Discussion Paper Series in Economics