by Summary:
VoxEU, February 5, 2021. HTML. Based on CEPR DP 15457, I assess possible implications of the introduction of retail CBDC for bank profits. The model implies annual implicit subsidies to U.S. banks of up to 0.8 percent of GDP during the period 1999-2017.
Topics:
Dirk Niepelt considers the following as important: Bank, Central Bank, Central bank digital currency, Contributions, Deposit, Equivalence, Research, Reserves for all, Subsidy
This could be interesting, too:
VoxEU, February 5, 2021. HTML. Based on CEPR DP 15457, I assess possible implications of the introduction of retail CBDC for bank profits. The model implies annual implicit subsidies to U.S. banks of up to 0.8 percent of GDP during the period 1999-2017.
Topics:
Dirk Niepelt considers the following as important: Bank, Central Bank, Central bank digital currency, Contributions, Deposit, Equivalence, Research, Reserves for all, Subsidy
This could be interesting, too:
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VoxEU, February 5, 2021. HTML.
Based on CEPR DP 15457, I assess possible implications of the introduction of retail CBDC for bank profits. The model implies annual implicit subsidies to U.S. banks of up to 0.8 percent of GDP during the period 1999-2017.