E40 - General - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T09:44:55+00:00Competing Currencies in the Laboratory
https://www.bankofcanada.ca/2017/12/staff-working-paper-2017-53/
We investigate competition between two intrinsically worthless currencies as a result of decentralized interactions between human subjects. We design a laboratory experiment based on a simple two-country, two-currency search model to study factors that affect circulation patterns and equilibrium selection.2017-12-07T15:35:11+00:00enCompeting Currencies in the Laboratory2017-12-07Central bank researchDigital currencies and fintechStaff Working Paper 2017-53https://www.bankofcanada.ca/wp-content/uploads/2017/12/swp2017-53.pdfCompeting Currencies in the LaboratoryJanet Hua JiangCathy ZhangDecember 2017CC9C92DD8D83EE4E40Monetary Policy Implementation in a Negative Rate Environment
https://www.bankofcanada.ca/2017/07/staff-working-paper-2017-25/
Monetary policy implementation could, in theory, be constrained by deeply negative rates since overnight market participants may have an incentive to invest in cash rather than lend to other participants.2017-07-13T11:10:32+00:00enMonetary Policy Implementation in a Negative Rate Environment2017-07-13Interest ratesMonetary policy frameworkMonetary policy implementationStaff Working Paper 2017-25https://www.bankofcanada.ca/wp-content/uploads/2017/07/swp2017-25.pdfMonetary Policy Implementation in a Negative Rate EnvironmentMichael BoutrosJonathan WitmerJuly 2017EE4E40E42E43GG0