L5 - Regulation and Industrial Policy - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T19:54:20+00:00E-Money: Efficiency, Stability and Optimal Policy
https://www.bankofcanada.ca/2014/04/working-paper-2014-16/
What makes e-money more special than cash? Is the introduction of e-money necessarily welfare enhancing? Is an e-money system necessarily stable? What is the optimal way to design an efficient and stable e-money scheme?2014-04-28T11:22:07+00:00enE-Money: Efficiency, Stability and Optimal Policy2014-04-28Bank notesDigital currencies and fintechPayment clearing and settlement systemsWorking Paper 2014-16https://www.bankofcanada.ca/wp-content/uploads/2014/04/wp2014-16.pdfE-Money: Efficiency, Stability and Optimal PolicyJonathan ChiuTsz-Nga WongApril 2014EE4E42E5E58LL5L51