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CBDC as Competitor for Bank Deposits and Cryptocurrencies
Private cryptocurrencies allow for payments without the need for a financial institution. These institutions, the central bank and retail banks, may thus observe a decline in the demand for their payments systems, i.e. cash and deposits. Using the monetary search model of Lagos and Wright (2005), we...
Tallennettuna:
| Julkaisussa: | MAGKS - Joint Discussion Paper Series in Economics (Band 10-2022) |
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| Päätekijä: | |
| Aineistotyyppi: | Artikkeli |
| Kieli: | englanti |
| Julkaistu: |
Philipps-Universität Marburg
2022
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| Aiheet: | |
| Linkit: | PDF-kokoteksti |
| Tagit: |
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MAGKS - Joint Discussion Paper Series in Economics