00000nam 2200000zi 4500 9.950458 CaOODSP 20250425100922 m o d f cr mn||||||||| 250425t20242024oncd ob f|0| 0 eng d CaOODSP eng rda CaOODSP eng eng fre n-cn--- FB3-5/2024-52E-PDF Engert, Walter, author. CBDC in the market for payments at the point of sale : equilibrium impact and incumbent responses / by Walter Engert, Oleksandr Shcherbakov and André Stenzel. [Ottawa] : Bank of Canada = Banque du Canada, 2024. ©2024 1 online resource (ii, 50 pages) : graphs. text txt rdacontent computer c rdamedia online resource cr rdacarrier Staff working paper = Document de travail du personnel, 1701-9397 ; 2024-52 ISSN assigned to different series. "Last updated: December 20, 2024." Includes bibliographical references (pages 36-38). "We investigate the introduction of a central bank digital currency (CBDC) into the market for payments. Focusing on the point of sale, we develop and estimate a structural model of consumer adoption, merchant acceptance and usage decisions. We counterfactually simulate the introduction of a CBDC, considering a version with debit-like characteristics and one encompassing the best of cash and debit, and characterize outcomes for a range of potential adoption frictions"--Abstract, page ii. Includes abstract in French. Bank notes Canada. Digital currency Econometric models. Financial services industry Canada. Billets de banque Canada. Monnaie électronique Canada Modèles économétriques. Services financiers Canada. Bank of Canada, issuing body. Staff working paper (Bank of Canada) 2024-52. (CaOODSP)9.806221 PDF 1.40 MB https://publications.gc.ca/collections/collection_2025/banque-bank-canada/FB3-5-2024-52-eng.pdf