CBDC as Competitor for Bank Deposits and Cryptocurrencies

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...

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Bibliografiska uppgifter
I publikationen:MAGKS - Joint Discussion Paper Series in Economics (Band 10-2022)
Huvudupphovsman: Fuchs, Max
Materialtyp: Artikel
Språk:engelska
Publicerad: Philipps-Universität Marburg 2022
Ämnen:
CBDC
Wirtschaft
cryptocurrencies
welfare analysis
Economics
Länkar:PDF-fulltext
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MAGKS - Joint Discussion Paper Series in Economics

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