Staff research

Contains

Content Types

Research Themes

JEL Codes

Authors

Published After

Published Before

3 result(s)

Central Bank Digital Currency and Banking Choices

Staff working paper 2024-4 Jiaqi Li, Andrew Usher, Yu Zhu

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.

Content Type(s): Staff research, Staff working papers JEL Code(s): E, E5, E50, E58 Research Theme(s): Financial system, Financial institutions and intermediation, Financial stability and systemic risk, Money and payments, Digital assets and fintech, Payment and financial market infrastructures

Predicting the Demand for Central Bank Digital Currency: A Structural Analysis with Survey Data

Staff working paper 2021-65 Jiaqi Li

How much of a CBDC would Canadian households want to hold, and what design features of a CBDC would they care about?

Content Type(s): Staff research, Staff working papers JEL Code(s): E, E5, E50, E58 Research Theme(s): Monetary policy, Monetary policy tools and implementation, Money and payments, Digital assets and fintech, Retail payments

Imperfect Banking Competition and Macroeconomic Volatility: A DSGE Framework

Staff working paper 2021-12 Jiaqi Li

How do banks adjust their loan rate markup in response to macroeconomic shocks?

Content Type(s): Staff research, Staff working papers JEL Code(s): E, E3, E32, E4, E44, G, G2, G21, L, L1, L13 Research Theme(s): Financial system, Financial institutions and intermediation, Models and tools, Economic models, Monetary policy, Monetary policy framework and transmission

Corporate governance

Accessibility

Reconciliation Action Plan

Bank of Canada Museum

What is a central bank?

Work at the Bank

Corporate governance

Accessibility

Reconciliation Action Plan

Bank of Canada Museum

What is a central bank?

Work at the Bank

Featured

Renewing Canada’s monetary policy framework

Regulatory oversight

Canada Mortgage Bonds

Counterfeit prevention

Our next $20 bank note

Economic survey results

Monetary Policy Report—April 2026

Financial Stability Report—2026

Assessing risks to oil prices through options markets

Info

Speech: France-Canada Chamber of commerce and Paris Europlace

Staff economic projections

Registry

Staff research

Contains

Content Types

Research Themes

JEL Codes

Authors

Published After

Published Before