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...
Autor Principal: | |
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Outros autores: | , |
Formato: | Revista |
Idioma: | English |
Publicado: |
Washington, D.C. :
International Monetary Fund,
2019.
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Series: | IMF Working Papers; Working Paper ;
No. 2019/252 |
Acceso en liña: | Full text available on IMF |