Designing Central Bank Digital Currencies /

We study the optimal design of a central bank digital currency (CBDC) in an environment where agents sort into cash, CBDC and bank deposits according to their preferences over anonymity and security; and where network effects make the convenience of payment instruments dependent on the number of the...

Descripció completa

Dades bibliogràfiques
Autor principal: Agur, Itai
Altres autors: Ari, Anil, Dell'Ariccia, Giovanni
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2019.
Col·lecció:IMF Working Papers; Working Paper ; No. 2019/252
Accés en línia:Full text available on IMF