00000nam 2200000zi 4500 9.906509 CaOODSP 20221107181132 m o d f cr |n||||||||| 211230t20212021oncd ob f|0| 0 eng d CaOODSP eng rda CaOODSP n-cn--- FB3-5/2021-67E-PDF Kahn, Charles M., author. Best before? : expiring central bank digital currency and loss recovery / by Charles M. Kahn, Maarten R. C. van Oordt and Yu Zhu. Ottawa, Ontario, Canada : Bank of Canada = Banque du Canada, 2021. ©2021 1 online resource (ii, 37 pages) : charts. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff working paper = Document de travail du personnel, 1701-9397 ; 2021-67 "Last updated: December 24, 2021." Includes bibliographical references (pages 28-32). "This paper considers introducing an expiry date for online digital currency balances to automate personal loss recovery. We show that this functionality could substantially increase consumer demand for digital cash, with the time to expiration playing an important role. Having more information available to the central bank improves accuracy of loss recovery but may decrease welfare"--Abstract. Digital currency. Monnaie électronique. Bank of Canada, issuing body. Staff working paper (Bank of Canada) 2021-67. (CaOODSP)9.806221 PDF 617 KB https://publications.gc.ca/collections/collection_2021/banque-bank-canada/FB3-5-2021-67-eng.pdf