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environment. We also consider whether a central bank digital currency (CBDC) would address unmet payment needs in a cashless …
Persistent link: https://www.econbiz.de/10014332028
The authors present a detailed discussion of the Bank of Canadas' framework for the implementation of monetary policy … implementation of monetary policy. An assessment of the effectiveness of the Bank of Canadas' framework is also provided, including …
Persistent link: https://www.econbiz.de/10003727268
Chen et al. (2021) show that almost one-third of First Nations band offices in Canada are within 1 kilometre (km) of an automated banking machine (ABM) or financial institution (FI) branch and more than half are within 5 km. Further, over three-quarters of band offices are within 20 km of an ABM...
Persistent link: https://www.econbiz.de/10013193291
on data from the Bank Note Distribution System and from consumer surveys conducted in April and August 2021. Our key …
Persistent link: https://www.econbiz.de/10013175440
the methods of payment in Canada. We present insights drawn from the Bank Note Distribution System and from a recent … survey conducted by the Bank of Canada in collaboration with our survey provider, Ipsos, and technical advice from Statistics …
Persistent link: https://www.econbiz.de/10012240328
financial system and perhaps the wider economy. This paper addresses the question of whether a central bank should issue digital … currency that could be used by the general public. It begins by discussing the possible motivations for a central bank to issue … a digital currency. The paper then sets out a benchmark central bank digital currency (CBDC) with features that are …
Persistent link: https://www.econbiz.de/10011759869
imposed at the beginning of the COVID-19 pandemic were relaxed during the summer of 2020. We find that bank notes in … circulation continued to rise in July due to ongoing cash withdrawals and decreased cash deposits in the Bank Note Distribution …
Persistent link: https://www.econbiz.de/10012488999
opportunities, it recovered as containment measures eased. We explore the potential two scenarios for issuance of central bank …
Persistent link: https://www.econbiz.de/10013362972