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:
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| Department/Agency | Bank of Canada, issuing body. |
|---|---|
| Title | Best 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 type | Series - View Master Record |
| Language | [English] |
| Format | Electronic |
| 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. |
| Description | 1 online resource (ii, 37 pages) : charts. |
| Catalogue number |
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| Subject terms | Digital currency. Monnaie électronique. |
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