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Best before? : expiring central bank digital currency and loss recovery / by Charles M. Kahn, Maarten R. C. van Oordt and Yu Zhu.: FB3-5/2021-67E-PDF

"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.

Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.906509&sl=0

Publication information
Department/Agency
  • Bank of Canada, issuing body.
TitleBest before? : expiring central bank digital currency and loss recovery / by Charles M. Kahn, Maarten R. C. van Oordt and Yu Zhu.
Series title
  • Staff working paper = Document de travail du personnel, 1701-9397 ; 2021-67
Publication typeMonograph - View Master Record
Language[English]
FormatDigital text
Electronic document
Note(s)
  • "Last updated: December 24, 2021."
  • Includes bibliographical references (pages 28-32).
Publishing information
  • Ottawa, Ontario, Canada : Bank of Canada = Banque du Canada, 2021.
  • ©2021
Author / Contributor
  • Kahn, Charles M., author.
Description1 online resource (ii, 37 pages) : charts.
Catalogue number
  • FB3-5/2021-67E-PDF
Subject terms
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