Do We Need Central Bank Digital Currency? Economics, Technology and Institutions

Edited by Ernest Gnan and Donato Masciandaro

ISBN: 978-3-902109-87-3

Keywords: anonymity, banks, bitcoin, blockchain, baumol, cash, CADcoin, central bank, central bank digital currency, cryptocurrency, e-krona, e-Peso, digital currencies, digital money, digitalization, deposits, effective lower bound, equivalence, experiment, fedcoin, financial disintermediation, Friedman, financial stability, J- coin, lender of last resort, money, money demand, monetary policy, narrow banking, payments system, politico-economic equivalence, reserves for all, technological progress

JEL-codes: B22, E4, E5, E41, E42, E50, E51, E52, E58, E59, E61, E63, G21, G38, G41, G21, D72, K42, E41, O33.

Findings from a conference organized by SUERF - The European Money and Finance Forum and BAFFI CAREFIN Centre, Bocconi University - Milan, 7 June 2018
Ernest Gnan and Donato Masciandaro

21st century cash: central banking, technological innovation and digital currencies
Fabio Panetta

Big note, small note: central bank digital currency and cash
Ruth Judson

Central bank digital currencies: features, options, pros and cons
Santiago Fernández de Lis

Motivations and implications of a Central Bank Digital Currency
Walter Engert and Ben S. C. Fung

The demand for a central bank digital currency: liquidity, return and anonymity
Donato Masciandaro and Alessandra Cillo

Central Bank Digital Currency: the Uruguayan e-Peso case
Mario Bergara and Jorge Ponce

Digital money, cryptocurrencies and central banks
Paul Pichler and Martin Summer

Central Bank Digital Currency: what difference does it make?
Dirk Niepelt

Central Bank Digital Currencies: an overview of pros and cons
Itai Agur

Central Bank Digital Cash: principles & practical steps
Michael D. Bordo and Andrew T. Levin

Download SUERF Conference Proceedings:

Do We Need Central Bank Digital Currency? Economics, Technology and Institutions