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Central bank digital currencies and banking : literature review and new questions / by James Chapman, Jonathan Chiu, Mohammad Davoodalhosseini, Janet Jiang, Francisco Rivadeneyra and Yu Zhu. : FB3-6/2023-4E-PDF

"We review the nascent but fast-growing literature on central bank digital currencies (CBDCs), focusing on their potential impacts on private banks. We evaluate these impacts in three areas of traditional banking: payments, lending, and liquidity and maturity transformation. For each area, we discuss the lessons learned and identify gaps in the research yet to be fully explored. We also take a broader look at CBDCs and highlight two promising directions for future research. One is to study CBDCs through the lens of industrial organization, exploring issues such as platform competition and business models. The second is the crypto space and its new developments such as stablecoins and decentralized finance"--Abstract, page ii.

Lien permanent pour cette publication :
publications.gc.ca/pub?id=9.920220&sl=1

Renseignements sur la publication
Ministère/Organisme
  • Bank of Canada, issuing body.
TitreCentral bank digital currencies and banking : literature review and new questions / by James Chapman, Jonathan Chiu, Mohammad Davoodalhosseini, Janet Jiang, Francisco Rivadeneyra and Yu Zhu.
Titre de la série
  • Staff discussion paper = Document d'analyse du personnel, 1914-0568 ; 2023-4
Type de publicationMonographie - Voir l'enregistrement principal
Langue[Anglais]
FormatTexte numérique
Document électronique
Note(s)
  • ISSN assigned to different series.
  • "Last updated: February 9, 2023."
  • Includes bibliographical references (pages 27-30).
  • Includes abstracts in English and French.
Information sur la publication
  • [Ottawa] : Bank of Canada = Banque du Canada, 2023.
  • ©2023
Auteur / Contributeur
  • Chapman, James T. E., author.
Description1 online resource (ii, 30 pages) : colour illustrations.
Numéro de catalogue
  • FB3-6/2023-4E-PDF
Descripteurs
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