We propose a model of financial intermediation, payments choice, and privacy in the digital economy. While digital payments enable merchants to sell...
What is the effect of Central Bank Digital Currency (CBDC) on financial stability? We answer this question by studying a model...
Show Previous VersionsWhat is the effect of Central Bank Digital Currency (CBDC) on financial stability? We answer this question by studying a model...
What is the effect of Central Bank Digital Currency (CBDC) on financial stability? We answer this question by studying a model...
What is the effect of Central Bank Digital Currency (CBDC) on financial stability? We answer this question by studying a model...