C12 - Hypothesis Testing: General - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T08:51:02+00:00Unmet Payment Needs and a Central Bank Digital Currency
https://www.bankofcanada.ca/2023/08/staff-discussion-paper-2023-15/
We discuss the payment habits of Canadians both in the current payment environment and in a hypothetical cashless environment.2023-08-10T15:59:03+00:00enUnmet Payment Needs and a Central Bank Digital Currency2023-08-10Bank notesCentral bank researchDigital currencies and fintechFinancial servicesStaff Discussion Paper 2023-15https://www.bankofcanada.ca/wp-content/uploads/2023/08/sdp2023-15.pdfStaff Discussion Paper 2023-15Christopher HenryWalter EngertAlexandra Sutton-LalaniSebastian HernandezDarcey McVanelKim HuynhAugust 2023CC1C12C9EE4OO5O54Private Digital Cryptoassets as Investment? Bitcoin Ownership and Use in Canada, 2016-2021
https://www.bankofcanada.ca/2022/10/staff-working-paper-2022-44/
We report on the dynamics of Bitcoin awareness and ownership from 2016 to 2021, using the Bank of Canada's Bitcoin Omnibus Surveys (BTCOS). Our analysis also helps understand Bitcoin owners who adopted during the COVID-19 and how they differ from long-term owners. 2022-10-12T10:00:48+00:00enPrivate Digital Cryptoassets as Investment? Bitcoin Ownership and Use in Canada, 2016-20212022-10-12Bank notesDigital currencies and fintechEconometric and statistical methodsStaff Working Paper 2022-44https://www.bankofcanada.ca/wp-content/uploads/2022/10/swp2022-44.pdfPrivate Digital Cryptoassests as Investment? Bitcoin Ownership and Use in Canada, 2016-2021Daniela BalutelWalter EngertChristopher HenryKim HuynhMarcel VoiaOctober 2022CC1C12EE4OO5O51Five things we learned about Canadian Bitcoin owners in 2021
https://www.bankofcanada.ca/2022/10/five-things-we-learned-about-canadian-bitcoin-owners-in-2021/
We present key findings from the 2021 Bitcoin Omnibus Survey on Canadians’ awareness and ownership of Bitcoin. Most Canadians have heard of Bitcoin, which remains primarily used as an investment. Ownership jumped in 2021, reflecting increased savings during the pandemic and greater availability of user-friendly platforms to buy Bitcoin.2022-10-12T10:00:44+00:00enFive things we learned about Canadian Bitcoin owners in 20212022-10-12Cash, COVID-19 and the Prospects for a Canadian Digital Dollar
https://www.bankofcanada.ca/2022/08/staff-discussion-paper-2022-17/
We provide an analysis of cash trends in Canada before and during the COVID-19 pandemic. We also consider the potential two scenarios for issuance of a central bank digital currency in Canada: the emergence of a cashless society or the widespread use of an alternative digital currency in Canada. Finally, we discuss the Canadian experience in maintaining cash as an efficient and accessible method of payment and store of value.2022-08-26T09:20:22+00:00enCash, COVID-19 and the Prospects for a Canadian Digital Dollar2022-08-26Bank notesCentral bank researchCoronavirus disease (COVID-19)Digital currencies and fintechEconometric and statistical methodsStaff Discussion Paper 2022-17https://www.bankofcanada.ca/wp-content/uploads/2022/08/sdp2022-17.pdfStaff Discussion Paper 2022-17Walter EngertKim HuynhAugust 2022CC1C12C9EE4OO5O54Cash in the Pocket, Cash in the Cloud: Cash Holdings of Bitcoin Owners
https://www.bankofcanada.ca/2022/06/staff-working-paper-2022-26/
We estimate the effect that owning Bitcoin has on the amount of cash held by Canadian consumers. Our results question the view that adopting certain new technologies, such as Bitcoin, leads to a decline in cash holdings.2022-06-15T12:53:17+00:00enCash in the Pocket, Cash in the Cloud: Cash Holdings of Bitcoin Owners2022-06-15Bank notesDigital currencies and fintechEconometric and statistical methodsStaff Working Paper 2022-26https://www.bankofcanada.ca/wp-content/uploads/2022/06/swp2022-26.pdfCash in the Pocket, Cash in the Cloud: Cash Holdings of Bitcoin OwnersDaniela BalutelChristopher HenryKim HuynhMarcel VoiaJune 2022CC1C12EE4OO3O33O5O51Bitcoin Awareness, Ownership and Use: 2016–20
https://www.bankofcanada.ca/2022/04/staff-discussion-paper-2022-10/
In this paper, we examine trends in Canadian ownership of Bitcoin and other cryptocurrencies from 2016 to 2020 using data from surveys conducted by the Bank of Canada.2022-04-19T09:14:16+00:00enBitcoin Awareness, Ownership and Use: 2016–202022-04-19Bank notesDigital currencies and fintechEconometric and statistical methodsStaff Discussion Paper 2022-10https://www.bankofcanada.ca/wp-content/uploads/2022/04/sdp2022-10.pdfBitcoin Awareness, Ownership and Use: 2016–20Daniela BalutelMarie-Hélène FeltGradon NichollsMarcel VoiaApril 2022CC1C12EE4OO5O51Cash and COVID-19: What happened in 2021
https://www.bankofcanada.ca/2022/04/staff-discussion-paper-2022-8/
Using data from the Bank Note Distribution System and consumer surveys, we find that bank notes in circulation remained high through 2021. Canadians continued to rely on electronic methods of payment, but a significant share also continued using cash for payments.2022-04-14T12:24:16+00:00enCash and COVID-19: What happened in 20212022-04-14Bank notesCentral bank researchCoronavirus disease (COVID-19)Digital currencies and fintechEconometric and statistical methodsStaff Discussion Paper 2022-8https://www.bankofcanada.ca/wp-content/uploads/2022/04/sdp2022-8.pdfCash and COVID-19: What happened in 2021Heng ChenWalter EngertKim HuynhDaneal O’HabibJoy WuJulia ZhuApril 2022CC1C12C9EE4OO5O54Cash and COVID-19: The impact of the second wave in Canada
https://www.bankofcanada.ca/2021/07/staff-discussion-paper-2021-12/
The COVID-19 pandemic significantly increased the demand for cash. Cash in circulation increased sharply from March through December 2020, particularly in the early months of this period. Although use of electronic methods of payment also increased significantly, cash use for payments remains high for low-value transactions and among certain demographic groups.2021-07-23T15:11:14+00:00enCash and COVID-19: The impact of the second wave in Canada2021-07-23Bank notesCentral bank researchCoronavirus disease (COVID-19)Digital currencies and fintechEconometric and statistical methodsStaff Discussion Paper 2021-12https://www.bankofcanada.ca/wp-content/uploads/2021/07/sdp2021-12.pdfStaff Discussion Paper 2021-12Heng ChenWalter EngertMarie-Hélène FeltKim HuynhGradon NichollsDaneal O’HabibJulia ZhuJuly 2021CC1C12C9EE4OO5O54Cash and COVID-19: The Effects of Lifting Containment Measures on Cash Demand and Use
https://www.bankofcanada.ca/2021/03/staff-discussion-paper-2021-3/
Using Bank Note Distribution System data on the demand for cash up to September 2020, we find that demand was strong. This is true even though cash use for payments declined early in the pandemic. When mobility restrictions and lockdown measures were eased, cash use for payments increased sharply but remained less popular than electronic methods of payment.2021-03-02T11:40:06+00:00enCash and COVID-19: The Effects of Lifting Containment Measures on Cash Demand and Use2021-03-02Bank notesCentral bank researchCoronavirus disease (COVID-19)Digital currencies and fintechEconometric and statistical methodsStaff Discussion Paper 2021-3https://www.bankofcanada.ca/wp-content/uploads/2021/03/sdp2021-3.pdfCash and COVID-19: The Effects of Lifting Containment Measures on Cash Demand and UseHeng ChenWalter EngertKim HuynhGradon NichollsJulia ZhuMarch 2021CC1C12C9EE4OO5O542019 Cash Alternative Survey Results
https://www.bankofcanada.ca/2020/08/staff-discussion-paper-2020-8/
The role of cash in Canadians’ lives has been evolving, as innovations in digital payments have become more widely adopted over the past decade. We contribute to the Bank of Canada’s research on central bank digital currency by monitoring Canadians’ use of cash and their adoption of digital payment methods.2020-08-31T12:29:15+00:00en2019 Cash Alternative Survey Results2020-08-31Bank notesCentral bank researchDigital currencies and fintechEconometric and statistical methodsStaff Discussion Paper 2020-8https://www.bankofcanada.ca/wp-content/uploads/2020/08/sdp2020-8.pdf2019 Cash Alternative Survey ResultsKim HuynhGradon NichollsMitchell NicholsonAugust 2020CC1C12C9EE4OO5O51