Fuchs, Max; Michaelis, Jochen - In: Jahrbücher für Nationalökonomie und Statistik 243 (2023) 2, pp. 153-167
The coexistence of fiat money (cash) and digital monies constitutes a system of parallel currencies as media of … welfare effect depends on differences in returns and costs, and, in particular, on the proportion of cash traders who will be …