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008250425t20242024oncd    ob   f|0| 0 eng d
040 |aCaOODSP|beng|erda|cCaOODSP
041 |aeng|beng|bfre
043 |an-cn---
0861 |aFB3-5/2024-52E-PDF
1001 |aEngert, Walter, |eauthor.
24510|aCBDC in the market for payments at the point of sale : |bequilibrium impact and incumbent responses / |cby Walter Engert, Oleksandr Shcherbakov and André Stenzel.
264 1|a[Ottawa] : |bBank of Canada = Banque du Canada, |c2024.
264 4|c©2024
300 |a1 online resource (ii, 50 pages) : |bgraphs.
336 |atext|btxt|2rdacontent
337 |acomputer|bc|2rdamedia
338 |aonline resource|bcr|2rdacarrier
4901 |aStaff working paper = Document de travail du personnel, |y1701-9397 ; |v2024-52
500 |aISSN assigned to different series.
500 |a"Last updated: December 20, 2024."
504 |aIncludes bibliographical references (pages 36-38).
5203 |a"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.
546 |aIncludes abstract in French.
650 0|aBank notes|zCanada.
650 0|aDigital currency|xEconometric models.
650 0|aFinancial services industry|zCanada.
650 6|aBillets de banque|zCanada.
650 6|aMonnaie électronique|zCanada|xModèles économétriques.
650 6|aServices financiers|zCanada.
7102 |aBank of Canada, |eissuing body.
830#0|aStaff working paper (Bank of Canada)|v2024-52.|w(CaOODSP)9.806221
85640|qPDF|s1.40 MB|uhttps://publications.gc.ca/collections/collection_2025/banque-bank-canada/FB3-5-2024-52-eng.pdf