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Does a CBDC Reinforce Inefficiencies?
This paper examines whether a central bank digital currency (CBDC) reinforces inefficiencies in transactions with cash. In this case, the gap between the traded quantity and the welfare-maximizing one, which arises due to discounting or a suboptimal amount of money, increases further. To get some a...
I tiakina i:
| I whakaputaina i: | MAGKS - Joint Discussion Paper Series in Economics (Band 28-2022) |
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| Kaituhi matua: | |
| Hōputu: | Tuhinga |
| Reo: | Ingarihi |
| I whakaputaina: |
Philipps-Universität Marburg
2022
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| Ngā marau: | |
| Urunga tuihono: | Kuputuhi katoa PDF |
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