Warren E. Weber - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T03:16:12+00:00Swedish Riksbank Notes and Enskilda Bank Notes: Lessons for Digital Currencies
https://www.bankofcanada.ca/2018/06/staff-working-paper-2018-27/
This paper examines the experience of Sweden with government notes and private bank notes to determine how well the Swedish experience corresponds to that of Canada and the United States. Sweden is important to study because it has had government notes in circulation for more than 350 years, and it had government notes before private bank notes.2018-06-25T10:28:47+00:00enSwedish Riksbank Notes and Enskilda Bank Notes: Lessons for Digital Currencies2018-06-25Bank notesDigital currencies and fintechFinancial servicesStaff Working Paper 2018-27https://www.bankofcanada.ca/wp-content/uploads/2018/06/swp2018-27.pdfSwedish Riksbank Notes and Enskilda Bank Notes: Lessons for Digital CurrenciesBen FungScott HendryWarren E. WeberJune 2018EE4E41E42E5E58Canadian Bank Notes and Dominion Notes: Lessons for Digital Currencies
https://www.bankofcanada.ca/2017/02/staff-working-paper-2017-5/
This paper studies the period in Canada when both private bank notes and government-issued notes (Dominion notes) were simultaneously in circulation. Because both of these notes shared many of the characteristics of today's digital currencies, the experience with these notes can be used to draw lessons about how digital currencies might perform.2017-02-15T13:44:34+00:00enCanadian Bank Notes and Dominion Notes: Lessons for Digital Currencies2017-02-15Bank notesDigital currencies and fintechFinancial servicesStaff Working Paper 2017-5https://www.bankofcanada.ca/wp-content/uploads/2017/02/swp2017-5.pdfCanadian Bank Notes and Dominion Notes: Lessons for Digital CurrenciesBen FungScott HendryWarren E. WeberFebruary 2017EE4E41E42E5E58A Bitcoin Standard: Lessons from the Gold Standard
https://www.bankofcanada.ca/2016/03/staff-working-paper-2016-14/
This paper imagines a world in which countries are on the Bitcoin standard, a monetary system in which all media of exchange are Bitcoin or are backed by it. The paper explores the similarities and differences between the Bitcoin standard and the gold standard and describes the media of exchange that would exist under the Bitcoin standard.2016-03-31T08:27:25+00:00enA Bitcoin Standard: Lessons from the Gold Standard2016-03-31Digital currencies and fintechExchange ratesFinancial servicesInflation and pricesStaff Working Paper 2016-14https://www.bankofcanada.ca/wp-content/uploads/2016/03/swp2016-14.pdfA Bitcoin Standard: Lessons from the Gold StandardWarren E. WeberMarch 2016EE4E41E42E5E58Government and Private E-Money-Like Systems: Federal Reserve Notes and National Bank Notes
https://www.bankofcanada.ca/2015/06/working-paper-2015-18/
The period from 1914 to 1935 in the United States is unique in that it was the only time that both privately-issued bank notes (national bank notes) and central bank-issued bank notes (Federal Reserve notes) were simultaneously in circulation.2015-06-12T13:20:58+00:00enGovernment and Private E-Money-Like Systems: Federal Reserve Notes and National Bank Notes2015-06-12Bank notesDigital currencies and fintechFinancial servicesWorking Paper 2015-18https://www.bankofcanada.ca/wp-content/uploads/2015/06/wp2015-18.pdfGovernment and Private E-Money-Like Systems: Federal Reserve Notes and National Bank NotesWarren E. WeberJune 2015EE4E41E42E5E58The Efficiency of Private E-Money-Like Systems: The U.S. Experience with National Bank Notes
https://www.bankofcanada.ca/2015/01/working-paper-2015-3/
Beginning in 1864, in the United States notes of national banks were the predominant medium of exchange. Each national bank issued its own notes. E-money shares many of the characteristics of these bank notes.2015-01-27T09:26:00+00:00enThe Efficiency of Private E-Money-Like Systems: The U.S. Experience with National Bank Notes2015-01-27Bank notesDigital currencies and fintechFinancial servicesWorking Paper 2015-3https://www.bankofcanada.ca/wp-content/uploads/2015/01/wp2015-3.pdfThe Efficiency of Private E-Money-Like Systems: The U.S. Experience with National Bank NotesWarren E. WeberJanuary 2015EE4E41E42E5E58The Efficiency of Private E-Money-Like Systems: The U.S. Experience with State Bank Notes
https://www.bankofcanada.ca/2014/04/working-paper-2014-15/
In the United States prior to 1863 each bank issued its own distinct notes. E-money shares many of the characteristics of these bank notes. This paper describes some lessons relevant to e-money from the U.S. experience with state bank notes.2014-04-28T11:21:27+00:00enThe Efficiency of Private E-Money-Like Systems: The U.S. Experience with State Bank Notes2014-04-28Bank notesDigital currencies and fintechFinancial servicesWorking Paper 2014-15https://www.bankofcanada.ca/wp-content/uploads/2014/04/wp2014-15.pdfThe Efficiency of Private E-Money-Like Systems: The U.S. Experience with State Bank NotesWarren E. WeberApril 2014EE4E41E42E5E58