Andrew Usher - Latest - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T08:10:50+00:00Central Bank Digital Currency and Banking Choices
https://www.bankofcanada.ca/2024/02/staff-working-paper-2024-4/
To what extent does a central bank digital currency (CBDC) compete with bank deposits? To answer this question, we develop and estimate a structural model where each household chooses which financial institution to deposit their digital money with.2024-02-08T09:27:59+00:00enCentral Bank Digital Currency and Banking Choices2024-02-08Central bank researchDigital currencies and fintechStaff Working Paper 2024-4https://www.bankofcanada.ca/wp-content/uploads/2024/02/swp2024-4.pdfCentral Bank Digital Currency and Banking ChoicesJiaqi LiAndrew UsherYu ZhuFebruary 2024EE5E50E58The Positive Case for a CBDC
https://www.bankofcanada.ca/2021/07/staff-discussion-paper-2021-11/
We discuss the competition and innovation arguments for issuing a central bank digital currency (CBDC). A CBDC could be an effective competition policy tool for payments. A CBDC could also support the vibrancy of the digital economy. It could help solve market failures and foster competition and innovation in new digital payments markets.2021-07-20T09:59:49+00:00enThe Positive Case for a CBDC2021-07-20Digital currencies and fintechFinancial institutionsFinancial stabilityStaff Discussion Paper 2021-11https://www.bankofcanada.ca/wp-content/uploads/2021/07/sdp2021-11.pdfStaff Discussion Paper 2021-11Andrew UsherEdona ReshidiFrancisco RivadeneyraScott HendryJuly 2021EE4E42E5E58LL4L5