Strategic Digitization in Currency and Payment Competition
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https://www.nber.org/papers/w33593
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资源简介：
We model the competition between digital forms of fiat money and private digital money (PDM). Countries strategically digitize their fiat money upgrading existing or launching new payment systems (including CBDCs) to enhance adoption and counter PDM competition. A pecking order emerges: less
提供机构：
美国国家经济研究局
创建时间：
2025-03-01
