Jonathan Chiu - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T07:21:39+00:00Central Bank Digital Currency and Banking: Macroeconomic Benefits of a Cash-Like Design
https://www.bankofcanada.ca/2021/12/staff-working-paper-2021-63/
Should a CBDC be more like cash or bank deposits? An interest-bearing, cash-like CBDC not only makes payments more efficient but also increases total demand. This has positive effects on other transactions, inducing more deposit taking and lending and, thus, bank intermediation.2021-12-17T15:06:29+00:00enCentral Bank Digital Currency and Banking: Macroeconomic Benefits of a Cash-Like Design2021-12-17Digital currencies and fintechMonetary policyMonetary policy frameworkStaff Working Paper 2021-63https://www.bankofcanada.ca/wp-content/uploads/2021/12/swp2021-63.pdfStaff Working Paper 2021-63Jonathan ChiuMohammad DavoodalhosseiniDecember 2021EE5E50E58Payments on Digital Platforms: Resiliency, Interoperability and Welfare
https://www.bankofcanada.ca/2021/04/staff-working-paper-2021-19/
This paper studies the business model choice between running a cash platform and a token platform, as well as its welfare and policy implications.2021-04-22T09:39:10+00:00enPayments on Digital Platforms: Resiliency, Interoperability and Welfare2021-04-22Digital currencies and fintechMonetary policyPayment clearing and settlement systemsStaff Working Paper 2021-19https://www.bankofcanada.ca/wp-content/uploads/2021/04/swp2021-19.pdfStaff Working Paper 2021-19Jonathan ChiuTsz-Nga WongApril 2021EE4E5LL5