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S. Mohammad R. Davoodalhosseini

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. S. Mohammad R. Davoodalhosseini, 2014. "Constrained Efficiency with Search and Information Frictions," 2014 Papers pda658, Job Market Papers.

    Mentioned in:

    1. Constrained Efficiency with Search and Information Frictions
      by Christian Zimmermann in NEP-DGE blog on 2014-12-31 21:42:17
  2. Jonathan Chiu & Janet Hua Jiang & Seyed Mohammadreza Davoodalhosseini & Yu Zhu, 2019. "Central Bank Digital Currency and Banking," 2019 Meeting Papers 862, Society for Economic Dynamics.

    Mentioned in:

    1. Central Bank Digital Currency and Banking
      by Christian Zimmermann in NEP-DGE blog on 2019-10-23 20:40:03

Working papers

  1. Saroj Bhattarai & Mohammad Davoodalhosseini & Zhenning Zhao, 2024. "Central Bank Digital Currency and Transmission of Monetary Policy," Staff Working Papers 24-27, Bank of Canada.

    Cited by:

    1. Adiya, Bayarmaa & Dong, Yuan, 2026. "The effects of interbank market on central bank digital currency and transmission of monetary policy," The North American Journal of Economics and Finance, Elsevier, vol. 85(C).
    2. Egor M. Pastukhov & Sergei V. Grishunin, 2025. "Assessing the Impact of the Digital Ruble on Commercial Bank Deposits in Russia," Finansovyj žhurnal — Financial Journal, Financial Research Institute, Moscow 125375, Russia, issue 3, pages 126-140, June.

  2. James Chapman & Jonathan Chiu & Mohammad Davoodalhosseini & Janet Hua Jiang & Francisco Rivadeneyra & Yu Zhu, 2023. "Central Bank Digital Currencies and Banking: Literature Review and New Questions," Discussion Papers 2023-4, Bank of Canada.

    Cited by:

    1. Xiang, Lijin & Feng, Chao & Xiao, Zumian & Liu, Jianjian, 2024. "The impact of central bank digital currency on macroeconomic dynamics: A DSGE analysis," Economic Modelling, Elsevier, vol. 141(C).
    2. Donni Fajar Anugrah & Retno Muhardini & Wahyoe Soedarmono & Zaki Intan Cindyagita, 2023. "Determinants Of Inflation In Indonesia: Dynamics Over A Decade," Working Papers WP/09/2023, Bank Indonesia.
    3. Syngjoo Choi & Bongseop Kim & Young-Sik Kim & Ohik Kwon & Soeun Park, 2025. "Predicting the payment preference for CBDC: a discrete choice experiment," BIS Working Papers 1296, Bank for International Settlements.
    4. Bai, HaiChen & Cong, Lin William & Luo, Mei & Xie, Ping, 2025. "Adoption of central bank digital currencies: Initial evidence from China," Journal of Corporate Finance, Elsevier, vol. 91(C).
    5. Ren, Yi-Shuai & Ma, Chaoqun & Wang, Yiran, 2024. "A new financial regulatory framework for digital finance: Inspired by CBDC," Global Finance Journal, Elsevier, vol. 62(C).
    6. Wu, Binghui & Qi, Yaxin, 2026. "Central bank digital currency, banking stability, and the macroeconomy: A dynamic stochastic general equilibrium analysis," Economic Analysis and Policy, Elsevier, vol. 91(C), pages 444-470.
    7. Nicola Amendola & Luis Araujo & Leo Ferraris, 2024. "Physical vs Digital Currency: What's the Difference, Why it Matters," Working Papers 537, University of Milano-Bicocca, Department of Economics.
    8. Donni Fajar Anugrah & Aryo Sasongko & Wahyoe Soedarmono & Andi Tiara Putri Marasanti, 2023. "Literature Survey: Growth And Stability," Working Papers WP/08/2023, Bank Indonesia.
    9. Georgarakos, Dimitris & Kenny, Geoff & Laeven, Luc & Meyer, Justus, 2025. "Consumer attitudes towards a central bank digital currency," Working Paper Series 3035, European Central Bank.
    10. Charles M. Kahn & Maarten R.C. Van Oordt & Yu Zhu, 2026. "Best Before? Expiring Central Bank Digital Currency and Loss Recovery," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 58(3), pages 787-819, April.
    11. Becker, Hendrik, 2026. "CBDC demand simulation across high and low inflation regimes," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 106(C).
    12. Tarishi Matsuoka & Makoto Watanabe, 2025. "Banking Crises and Central Bank Digital Currency in a Monetary Economy," CESifo Working Paper Series 11922, CESifo.
    13. Saroj Bhattarai & Mohammad Davoodalhosseini & Zhenning Zhao, 2024. "Central Bank Digital Currency and Transmission of Monetary Policy," Staff Working Papers 24-27, Bank of Canada.
    14. George, Ammu & Xie, Taojun & Alba, Joseph D., 2026. "Central bank digital currencies and the macroeconomic trilemma," Journal of Banking & Finance, Elsevier, vol. 188(C).
    15. Hua, Qiuling & Qiu, Zepeng & Jiang, Tingfeng & Tang, Ke, 2025. "Macroeconomic effects of CBDC negative interest policy in an open economy: A comparison of quantity and price rules," International Review of Economics & Finance, Elsevier, vol. 100(C).
    16. Tan, Brandon Joel, 2024. "Central bank digital currency and financial inclusion," Journal of Macroeconomics, Elsevier, vol. 81(C).
    17. Lambert, Claudia & Meller, Barbara & Pancaro, Cosimo & Pellicani, Antonella & Radulova, Petya & Soons, Oscar & van der Kraaij, Anton, 2024. "Digital euro safeguards – protecting financial stability and liquidity in the banking sector," Occasional Paper Series 346, European Central Bank.
    18. Adiya, Bayarmaa & Dong, Yuan, 2026. "The effects of interbank market on central bank digital currency and transmission of monetary policy," The North American Journal of Economics and Finance, Elsevier, vol. 85(C).
    19. Julian A. Parra-Polania & Constanza Martínez-Ventura, 2025. "Designing the Future of Money: The Case for Multiple CBDCs," Borradores de Economia 1311, Banco de la Republica de Colombia.
    20. Bruno Biais & Agostino Capponi & Lin William Cong & Vishal Gaur & Kay Giesecke, 2023. "Advances in Blockchain and Crypto Economics," Management Science, INFORMS, vol. 69(11), pages 6417-6426, November.
    21. Youming Liu & Francisco Rivadeneyra & Edona Reshidi, 2026. "Public vs. Private Payment Platforms: Market Impacts and Optimal Policy," Staff Working Papers 26-10, Bank of Canada.

  3. Jonathan Chiu & Mohammad Davoodalhosseini, 2021. "Central Bank Digital Currency and Banking: Macroeconomic Benefits of a Cash-Like Design," Staff Working Papers 21-63, Bank of Canada.

    Cited by:

    1. Zhang, Xuanyu & Fan, Xiaoyun, 2025. "On the demand for various CBDC designs: A quantitative decomposition of currency spill-over based on the complementary role," International Review of Economics & Finance, Elsevier, vol. 103(C).
    2. Bai, HaiChen & Cong, Lin William & Luo, Mei & Xie, Ping, 2025. "Adoption of central bank digital currencies: Initial evidence from China," Journal of Corporate Finance, Elsevier, vol. 91(C).
    3. Jonathan Chiu & Cyril Monnet, 2024. "Public and Private Money Creation for Distributed Ledgers: Stablecoins, Tokenized Deposits, or Central Bank Digital Currencies?," Staff Working Papers 24-35, Bank of Canada.
    4. Wu, Binghui & Qi, Yaxin, 2026. "Central bank digital currency, banking stability, and the macroeconomy: A dynamic stochastic general equilibrium analysis," Economic Analysis and Policy, Elsevier, vol. 91(C), pages 444-470.
    5. Georgarakos, Dimitris & Kenny, Geoff & Laeven, Luc & Meyer, Justus, 2025. "Consumer attitudes towards a central bank digital currency," Working Paper Series 3035, European Central Bank.
    6. Becker, Hendrik, 2026. "CBDC demand simulation across high and low inflation regimes," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 106(C).
    7. Hwang, Sunjoo, 2026. "CBDC and bank money creation," KDI Journal of Economic Policy, Korea Development Institute (KDI), vol. 48(2), pages 37-62.
    8. Max Fuchs, 2022. "CBDC as Competitor for Bank Deposits and Cryptocurrencies," MAGKS Papers on Economics 202210, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    9. Megha Garg & Shruti Malik & Parveen Kumar, 2025. "Decoding challenges in central bank digital currency implementation in India: a TISM-MICMAC approach," Quality & Quantity: International Journal of Methodology, Springer, vol. 59(6), pages 5575-5602, December.
    10. George, Ammu & Xie, Taojun & Alba, Joseph D., 2026. "Central bank digital currencies and the macroeconomic trilemma," Journal of Banking & Finance, Elsevier, vol. 188(C).
    11. Ozili, Peterson K, 2025. "100 Quotes about central bank digital currencies," MPRA Paper 124263, University Library of Munich, Germany.
    12. Kwami Ahiabenu, 2022. "A Comparative Study of the Design Frameworks of the Ghanaian and Nigerian Central Banks’ Digital Currencies (CBDC)," FinTech, MDPI, vol. 1(3), pages 1-15, August.
    13. Katrin Tinn, 2026. "A Theory Model of Digital Currency with Asymmetric Privacy," Management Science, INFORMS, vol. 72(5), pages 3699-3719, May.
    14. Hua, Qiuling & Qiu, Zepeng & Jiang, Tingfeng & Tang, Ke, 2025. "Macroeconomic effects of CBDC negative interest policy in an open economy: A comparison of quantity and price rules," International Review of Economics & Finance, Elsevier, vol. 100(C).
    15. Kohei Kawaguchi & Junpei Komiyama & Shunya Noda, 2026. "Miners' Reward Elasticity and Stability of Competing Proof‐of‐Work Cryptocurrencies," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 67(3), pages 957-976, August.
    16. He, Liang & Jiang, Ruiqi & Wang, Chao & Yao, Yue, 2026. "Antecedents of the continuance intention to use CBDCs: Evidence from the e-CNY," International Review of Economics & Finance, Elsevier, vol. 105(C).
    17. Adiya, Bayarmaa & Dong, Yuan, 2026. "The effects of interbank market on central bank digital currency and transmission of monetary policy," The North American Journal of Economics and Finance, Elsevier, vol. 85(C).
    18. Julian A. Parra-Polania & Constanza Martínez-Ventura, 2025. "Designing the Future of Money: The Case for Multiple CBDCs," Borradores de Economia 1311, Banco de la Republica de Colombia.
    19. Ozili, Peterson K, 2025. "How Politics Hinder Central Bank Digital Currency (CBDC) Development and What to Do about It," MPRA Paper 125034, University Library of Munich, Germany.
    20. Solikin M. Juhro & Denny Lie & Atet Rizki Wijoseno & Mohammad Aly Fikry, 2022. "Fiscal Policy Stance, Central Bank Digital Currency, And The Optimal Monetary-Macroprudential Policy Mix," Working Papers WP/01/2022, Bank Indonesia.
    21. Perazzi, Elena & Bacchetta, Philippe, 2022. "CBDC as imperfect substitute to bank deposits: a macroeconomic perspective," MPRA Paper 115574, University Library of Munich, Germany.
    22. Bruno Biais & Agostino Capponi & Lin William Cong & Vishal Gaur & Kay Giesecke, 2023. "Advances in Blockchain and Crypto Economics," Management Science, INFORMS, vol. 69(11), pages 6417-6426, November.

  4. Seyed Mohammadreza Davoodalhosseini, 2020. "Optimal Taxation in Asset Markets with Adverse Selection," Staff Working Papers 20-11, Bank of Canada.

    Cited by:

    1. Davoodalhosseini, Seyed Mohammadreza, 2022. "Optimal taxation in asset markets with adverse selection," European Economic Review, Elsevier, vol. 147(C).

  5. Mohammad Davoodalhosseini & Francisco Rivadeneyra & Yu Zhu, 2020. "CBDC and Monetary Policy," Staff Analytical Notes 2020-4, Bank of Canada.

    Cited by:

    1. Young Sik Kim & Ohik Kwon, 2019. "Central Bank Digital Currency and Financial Stability," Working Papers 2019-6, Economic Research Institute, Bank of Korea.
    2. Ozili, Peterson K, 2023. "Redesigning the eNaira central bank digital currency (CBDC) for payments and macroeconomic effectiveness," MPRA Paper 118807, University Library of Munich, Germany.
    3. Dionysopoulos, Lambis & Marra, Miriam & Urquhart, Andrew, 2024. "Central bank digital currencies: A critical review," International Review of Financial Analysis, Elsevier, vol. 91(C).
    4. Rehman, Mubeen Abdur & Irfan, Muhammad & Naeem, Muhammad Abubakr & Lucey, Brian M. & Karim, Sitara, 2023. "Macro-financial implications of central bank digital currencies," Research in International Business and Finance, Elsevier, vol. 64(C).
    5. Volker Brühl, 2026. "The potential impact of a central bank digital currency (CBDC) on the banking sector: the case of a digital euro," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 16(1), pages 215-240, March.
    6. Ozili, Peterson K, 2023. "eNaira central bank digital currency (CBDC) for financial inclusion in Nigeria," MPRA Paper 115781, University Library of Munich, Germany.
    7. Davoodalhosseini, Seyed Mohammadreza, 2022. "Central bank digital currency and monetary policy," Journal of Economic Dynamics and Control, Elsevier, vol. 142(C).
    8. Linda Schilling & Jesús Fernández-Villaverde & Harald Uhlig, 2020. "Central Bank Digital Currency: When Price and Bank Stability Collide," Working Papers 2020-180, Becker Friedman Institute for Research In Economics.
    9. Li, Jiaqi, 2023. "Predicting the demand for central bank digital currency: A structural analysis with survey data," Journal of Monetary Economics, Elsevier, vol. 134(C), pages 73-85.
    10. Marcelo A. T. Aragão, 2021. "A Few Things You Wanted to Know about the Economics of CBDCs, but were Afraid to Model: a survey of what we can learn from who has done," Working Papers Series 554, Central Bank of Brazil, Research Department.
    11. Alexandra Mitschke, 2021. "Central Bank Digital Currencies and Monetary Policy Effectiveness in the Euro Area," Working Papers Dissertations 74, Paderborn University, Faculty of Business Administration and Economics.
    12. Ferry Syarifuddin & Toni Bakhtiar, 2021. "Monetary Policy Strategy In The Presence Of Central Bank Digital Currency," Working Papers WP/09/2021, Bank Indonesia.
    13. Juhro, Solikin M. & Syarifuddin, Ferry & Sakti, Ali, 2022. "Inclusive Welfare: On The Role of Islamic Public-Social Finance and Monetary Economics," MPRA Paper 113788, University Library of Munich, Germany.
    14. Raphael Auer & Jon Frost & Leonardo Gambacorta & Cyril Monnet & Tara Rice & Hyun Song Shin, 2021. "Central bank digital currencies: motives, economic implications and the research frontier," BIS Working Papers 976, Bank for International Settlements.

  6. Jonathan Chiu & Mohammad Davoodalhosseini & Janet Hua Jiang & Yu Zhu, 2019. "Bank Market Power and Central Bank Digital Currency: Theory and Quantitative Assessment," Staff Working Papers 19-20, Bank of Canada.

    Cited by:

    1. Dong, Mei & Xiao, Sylvia Xiaolin, 2024. "Idle liquidity, CBDC and banking," European Economic Review, Elsevier, vol. 164(C).
    2. Iwasaki, Kohei, 2024. "Credibility of central banks in monetary economies," Economics Letters, Elsevier, vol. 243(C).
    3. Xiang, Lijin & Feng, Chao & Xiao, Zumian & Liu, Jianjian, 2024. "The impact of central bank digital currency on macroeconomic dynamics: A DSGE analysis," Economic Modelling, Elsevier, vol. 141(C).
    4. Agur, Itai & Ari, Anil & Dell’Ariccia, Giovanni, 2022. "Designing central bank digital currencies," Journal of Monetary Economics, Elsevier, vol. 125(C), pages 62-79.
    5. Alejandro García & Bena Lands & Xuezhi Liu & Joshua Slive, 2020. "The potential effect of a central bank digital currency on deposit funding in Canada," Staff Analytical Notes 2020-15, Bank of Canada.
    6. Rodney J Garratt & Jiaheng Yu & Haoxiang Zhu, 2022. "The Case for Convenience: How CBDC Design Choices Impact Monetary Policy Pass-Through," BIS Working Papers 1046, Bank for International Settlements.
    7. Vollmar, Steffen & Wening, Fabian, 2024. "The impact of CBDC on a deposit-dependent banking system," Journal of Financial Stability, Elsevier, vol. 73(C).
    8. Altermatt, Lukas & Wang, Zijian, 2024. "Oligopoly banking, risky investment, and monetary policy," European Economic Review, Elsevier, vol. 164(C).
    9. Bai, HaiChen & Cong, Lin William & Luo, Mei & Xie, Ping, 2025. "Adoption of central bank digital currencies: Initial evidence from China," Journal of Corporate Finance, Elsevier, vol. 91(C).
    10. Ozili, Peterson Kitakogelu, 2024. "Central bank digital currency and the monetary policy and financial stability implications," MPRA Paper 120146, University Library of Munich, Germany.
    11. Sebastian Infante & Kyungmin Kim & Anna Orlik & André F. Silva & Robert J. Tetlow, 2023. "Retail Central Bank Digital Currencies: Implications for Banking and Financial Stability," Finance and Economics Discussion Series 2023-072, Board of Governors of the Federal Reserve System (U.S.).
    12. Simone Auer & Nicola Branzoli & Giuseppe Ferrero & Antonio Ilari & Francesco Palazzo & Edoardo Rainone, 2024. "CBDC and the banking system," Questioni di Economia e Finanza (Occasional Papers) 829, Bank of Italy, Economic Research and International Relations Area.
    13. Jonathan Chiu & Cyril Monnet & Oliver Junye Xu, 2026. "To Tokenize, or Not to Tokenize: The Design Question for a Central Bank Digital Currency," Staff Working Papers 26-14, Bank of Canada.
    14. Jesus Fernandez-Villaverde & Daniel Sanches & Linda Schilling & Harald Uhlig, 2021. "Central Bank Digital Currency: Central Banking For All?," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 41, pages 225-242, July.
    15. Dirk Niepelt, 2020. "Monetary Policy with Reserves and CBDC: Optimality, Equivalence, and Politics," CESifo Working Paper Series 8712, CESifo.
    16. Jonathan Chiu & Cyril Monnet, 2024. "Public and Private Money Creation for Distributed Ledgers: Stablecoins, Tokenized Deposits, or Central Bank Digital Currencies?," Staff Working Papers 24-35, Bank of Canada.
    17. Cong, Lin William & Mayer, Simon, 2025. "Strategic digitization in currency and payment competition," Journal of Financial Economics, Elsevier, vol. 168(C).
    18. Parra-Polania, Julian A. & Martinez-Ventura, Constanza, 2026. "Optimal CBDC design: A model with two access mechanisms and the role of anonymity," Journal of Financial Stability, Elsevier, vol. 83(C).
    19. Xuesong Huang & Todd Keister, 2026. "Stablecoins vs. Tokenized Deposits: The Narrow Banking Debate Revisited," Staff Reports 1179, Federal Reserve Bank of New York.
    20. Dionysopoulos, Lambis & Marra, Miriam & Urquhart, Andrew, 2024. "Central bank digital currencies: A critical review," International Review of Financial Analysis, Elsevier, vol. 91(C).
    21. Nyffenegger, Remo, 2024. "Central bank digital currency and bank intermediation: Medium of Exchange vs. Savings vehicle," European Economic Review, Elsevier, vol. 170(C).
    22. Rehman, Mubeen Abdur & Irfan, Muhammad & Naeem, Muhammad Abubakr & Lucey, Brian M. & Karim, Sitara, 2023. "Macro-financial implications of central bank digital currencies," Research in International Business and Finance, Elsevier, vol. 64(C).
    23. Zafar, Muhammad Bilal, 2026. "CentralBank-BERT: Machine learning evidence on central bank digital currency discourse," Journal of Economics and Business, Elsevier, vol. 139(C).
    24. Wu, Binghui & Qi, Yaxin, 2026. "Central bank digital currency, banking stability, and the macroeconomy: A dynamic stochastic general equilibrium analysis," Economic Analysis and Policy, Elsevier, vol. 91(C), pages 444-470.
    25. Nicola Amendola & Luis Araujo & Leo Ferraris, 2024. "Physical vs Digital Currency: What's the Difference, Why it Matters," Working Papers 537, University of Milano-Bicocca, Department of Economics.
    26. Harald Uhlig, 2023. "Review Article: Eswar S. Prasad: How the Digital Revolution is Transforming Currencies and Finance," Business Economics, Palgrave Macmillan;National Association for Business Economics, vol. 58(4), pages 201-204, October.
    27. Lorenzo Burlon & Manuel A. Muñoz & Frank Smets, 2024. "The Optimal Quantity of CBDC in a Bank-Based Economy," American Economic Journal: Macroeconomics, American Economic Association, vol. 16(4), pages 172-217, October.
    28. Charles M. Kahn & Maarten R.C. Van Oordt & Yu Zhu, 2026. "Best Before? Expiring Central Bank Digital Currency and Loss Recovery," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 58(3), pages 787-819, April.
    29. Head, Allen & Kam, Timothy & Ng, Sam & Pan, Guangqian, 2025. "Money and imperfectly competitive credit," Journal of Economic Theory, Elsevier, vol. 228(C).
    30. Boris Hofmann & Xiaorui Tang & Feng Zhu, 2025. "Central bank and media sentiment on central bank digital currency: an international perspective," BIS Working Papers 1279, Bank for International Settlements.
    31. Ozili, Peterson K, 2021. "Central bank digital currency can lead to the collapse of cryptocurrency," MPRA Paper 111218, University Library of Munich, Germany.
    32. Srichander Ramaswamy, 2024. "Could Uncapped and Unremunerated Retail CBDC Accounts Disintermediate Banks?," Working Papers wp52, South East Asian Central Banks (SEACEN) Research and Training Centre.
    33. Xie, Danyang, 2025. "Divergent paths in digital currency development: a comparative study of China and the United States with a global perspective," MPRA Paper 124989, University Library of Munich, Germany.
    34. Schilling, Linda & Fernandez-Villaverde, Jesus & Uhlig, Harald, 2020. "Central bank digital currency: When price and bank stability collide," MPRA Paper 114883, University Library of Munich, Germany, revised 05 Oct 2022.
    35. Ferry Syarifuddin & Toni Bakhtiar, 2022. "The Macroeconomic Effects of an Interest-Bearing CBDC: A DSGE Model," Mathematics, MDPI, vol. 10(10), pages 1-33, May.
    36. Azzone, Michele & Barucci, Emilio, 2023. "Evaluation of sight deposits and central bank digital currency," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 88(C).
    37. Constanza Martínez-Ventura & Julián A. Parra-Polania & Tatiana Mora-Arbeláez & Angélica Lizarazo-Cuéllar, 2023. "Expected Macroeconomic Effects of Issuing a Retail CBDC," Borradores de Economia 1247, Banco de la Republica de Colombia.
    38. Son, Jaemin & Ryu, Doojin & Webb, Robert I., 2023. "Central bank digital currency: Payment choices and commercial bank profitability," International Review of Financial Analysis, Elsevier, vol. 90(C).
    39. Marco Lambrecht & Andis Sofianos & Yilong Xu, 2025. "Does Mining Fuel Bubbles? An Experimental Study on Cryptocurrency Markets," Management Science, INFORMS, vol. 71(3), pages 1865-1888, March.
    40. Walter Engert & Oleksandr Shcherbakov & André Stenzel, 2024. "CBDC in the Market for Payments at the Point of Sale: Equilibrium Impact and Incumbent Responses," Staff Working Papers 24-52, Bank of Canada.
    41. Li, Wenxue & Liu, Fei, 2025. "Digital currency adoption and macroeconomic stability: A quasi-natural experiment," Economic Analysis and Policy, Elsevier, vol. 87(C), pages 561-568.
    42. Andrew Usher & Edona Reshidi & Francisco Rivadeneyra & Scott Hendry, 2021. "The Positive Case for a CBDC," Discussion Papers 2021-11, Bank of Canada.
    43. Carreras, Marc Dordal & Kawaguchi, Kohei & Jin, Siyuan & Guo, Haicheng, 2024. "Consumer Perceptions and Willingness to Adopt rCBDCs Before and After the e-HKD Pilot," SocArXiv vhktj_v1, Center for Open Science.
    44. Mishra, Bineet & Prasad, Eswar, 2024. "A simple model of a central bank digital currency," Journal of Financial Stability, Elsevier, vol. 73(C).
    45. He Huang, 2019. "How Does Information Transmission Influence the Value Creation Capability of a Digital Ecosystem? An Empirical Study of the Crypto-Digital Ecosystem Ethereum," Sustainability, MDPI, vol. 11(19), pages 1-16, September.
    46. Jitender Kumar & Manju Rani, 2025. "Past, present and future of central bank digital currency: a systematic literature review and relevant issues," Journal of Banking Regulation, Palgrave Macmillan, vol. 26(4), pages 701-720, December.
    47. Jon Frost & Jean-Charles Rochet & Hyun Song Shin & Marianne Verdier, 2025. "Competing digital monies," BIS Working Papers 1301, Bank for International Settlements.
    48. Dirk Niepelt, 2022. "Money and Banking with Reserves and CBDC," Diskussionsschriften dp2212, Universitaet Bern, Departement Volkswirtschaft.
    49. Gastón Andrés Giordana, 2026. "Assessing Consumer CBDC Adoption in Luxembourg: A Micro-Simulation Approach," Journal of Financial Services Research, Springer;Western Finance Association, vol. 70(1), pages 85-112, August.
    50. Luu, Hiep Ngoc & Nguyen, Canh Phuc & Nasir, Muhammad Ali, 2023. "Implications of central bank digital currency for financial stability: Evidence from the global banking sector," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 89(C).
    51. Chiu, Jonathan & Wong, Tsz-Nga, 2022. "Payments on digital platforms: Resiliency, interoperability and welfare," Journal of Economic Dynamics and Control, Elsevier, vol. 142(C).
    52. Ozili, Peterson K, 2025. "100 Quotes about central bank digital currencies," MPRA Paper 124263, University Library of Munich, Germany.
    53. Le, Anh H., 2025. "Central bank digital currency and cryptocurrency in emerging markets," International Economics, Elsevier, vol. 181(C).
    54. Davoodalhosseini, Seyed Mohammadreza, 2022. "Central bank digital currency and monetary policy," Journal of Economic Dynamics and Control, Elsevier, vol. 142(C).
    55. Lim, King Yoong & Liu, Chunping & Zhang, Shuonan, 2024. "Optimal central banking policies: Envisioning the post-digital yuan economy with loan prime rate-setting," Emerging Markets Review, Elsevier, vol. 59(C).
    56. Todd Keister & Daniel R. Sanches, 2021. "Should Central Banks Issue Digital Currency?," Working Papers 21-37, Federal Reserve Bank of Philadelphia.
    57. Hoang, Yen Hai & Ngo, Vu Minh & Bich Vu, Ngoc, 2023. "Central bank digital currency: A systematic literature review using text mining approach," Research in International Business and Finance, Elsevier, vol. 64(C).
    58. Sofia Priazhkina & Samuel Palmer & Pablo Martín-Ramiro & Román Orús & Samuel Mugel & Vladimir Skavysh, 2024. "Digital Payments in Firm Networks: Theory of Adoption and Quantum Algorithm," Staff Working Papers 24-17, Bank of Canada.
    59. Beniak, Patrycja, 2019. "Central bank digital currency and monetary policy: a literature review," MPRA Paper 96663, University Library of Munich, Germany.
    60. Le, Anh H., 2022. "Central bank digital currency and cryptocurrency in emerging markets," MPRA Paper 114734, University Library of Munich, Germany.
    61. Katrin Tinn, 2026. "A Theory Model of Digital Currency with Asymmetric Privacy," Management Science, INFORMS, vol. 72(5), pages 3699-3719, May.
    62. Hua, Qiuling & Qiu, Zepeng & Jiang, Tingfeng & Tang, Ke, 2025. "Macroeconomic effects of CBDC negative interest policy in an open economy: A comparison of quantity and price rules," International Review of Economics & Finance, Elsevier, vol. 100(C).
    63. Bindseil, Ulrich & Senner, Richard, 2024. "Macroeconomic modelling of CBDC: a critical review," Working Paper Series 2978, European Central Bank.
    64. Francesca Carapella & Jin-Wook Chang & Sebastian Infante & Melissa Leistra & Arazi Lubis & Alexandros Vardoulakis, 2024. "Financial Stability Implications of CBDC," Finance and Economics Discussion Series 2024-021, Board of Governors of the Federal Reserve System (U.S.).
    65. Chao Gu & Cyril Monnet & Ed Nosal & Randall Wright, 2019. "On the Instability of Banking and Financial Intermediation," 2019 Meeting Papers 352, Society for Economic Dynamics.
    66. Dirk Niepelt, 2025. "Central Bank Digital Currency and Monetary Architecture," Diskussionsschriften dp2509, Universitaet Bern, Departement Volkswirtschaft.
    67. Pablo D. Azar & Garth Baughman & Francesca Carapella & Jacob Gerszten & Arazi Lubis & JP Perez-Sangimino & David E. Rappoport & Chiara Scotti & Nathan Swem & Alexandros Vardoulakis & Aurite Werman, 2024. "The Financial Stability Implications of Digital Assets," Economic Policy Review, Federal Reserve Bank of New York, vol. 30(2), pages 1-48, November.
    68. Luis Araujo & Leo Ferraris & Marco Mantovani & Daniela Puzzello, 2025. "Experimenting with Digital Currency," Working Papers 557, University of Milano-Bicocca, Department of Economics.
    69. Bernd Hayo & Matthias Neuenkirch & Manuel Walz, 2026. "Estimating the Demand for a Digital Euro: A Survey Approach for France, Germany and Italy," Research Papers in Economics 2026-06, University of Trier, Department of Economics.
    70. Verdier, Marianne, 2024. "Digital payments and bank competition," Journal of Financial Stability, Elsevier, vol. 73(C).
    71. Le, Anh H. & Copestake, Alexander & Tan, Brandon & Papageorgiou, Evan & Peiris, S. Jay & Rawat, Umang, 2025. "Macro-financial impacts of foreign digital money," Economics Letters, Elsevier, vol. 255(C).
    72. Todd Keister & Cyril Monnet, 2022. "Central Bank Digital Currency: Stability and Information," Working Papers 22.03, Swiss National Bank, Study Center Gerzensee.
    73. Kohei Kawaguchi & Junpei Komiyama & Shunya Noda, 2026. "Miners' Reward Elasticity and Stability of Competing Proof‐of‐Work Cryptocurrencies," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 67(3), pages 957-976, August.
    74. Bitter Lea, 2025. "Banking Crises Under a Central Bank Digital Currency (CBDC)," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 245(4-5), pages 479-526.
    75. Lü, Zheng & Ozcelebi, Oguzhan & Yoon, Seong-Min, 2025. "Impact of central bank digital currency uncertainty on international financial markets," Research in International Business and Finance, Elsevier, vol. 73(PA).
    76. Cong, Lin William & Mayer, Simon, "undated". "The Coming Battle of Digital Currencies," Applied Economics and Policy Working Paper Series 320020, Cornell University, Department of Applied Economics and Management.
    77. Bouzas, Tulio & Uras, Burak, 2026. "The Price of Traceability: E-Payments, Tax Compliance, and Policy," Discussion Paper 2026-006, Tilburg University, Center for Economic Research.
    78. Adib Rahman & Liang Wang, 2025. "Central Bank Digital Currency, Tax Evasion, and Monetary Policy with Heterogeneous Agents," Working Papers 202505, University of Hawaii at Manoa, Department of Economics.
    79. Ahnert, Toni & Hoffmann, Peter & Monnet, Cyril, 2025. "Payments and privacy in the digital economy," Journal of Financial Economics, Elsevier, vol. 169(C).
    80. Yuan, Luo & Su, Chang & Fang, Bo & Meng, Yunfan & Wang, Xinyang & Gao, Wenyou, 2023. "The optimization of digital currency electronic payment in RMB based on big data and fuzzy theory," LSE Research Online Documents on Economics 123657, London School of Economics and Political Science, LSE Library.
    81. Chen, William & Phelan, Gregory, 2025. "Digital currency and banking-sector stability," Journal of Financial Stability, Elsevier, vol. 78(C).
    82. Huseyin Oguz Genc & Soichiro Takagi, 2024. "A literature review on the design and implementation of central bank digital currencies," International Journal of Economic Policy Studies, Springer, vol. 18(1), pages 197-225, February.
    83. Stylianos Asimakopoulos & Marco Lorusso & Francesco Ravazzolo, 2023. "A Bayesian DSGE Approach to Modelling Cryptocurrency"," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 51, pages 1012-1035, December.
    84. Temperini, Jacopo & D'Ippoliti, Carlo & Gobbi, Lucio, 2024. "Is the time ripe for helicopter money? Growth impact and financial stability risks of outright monetary transfers," Structural Change and Economic Dynamics, Elsevier, vol. 69(C), pages 24-36.
    85. Tobias Berg & Jan Keil & Felix Martini & Manju Puri, 2024. "CBDCs, Payment Firms, and Geopolitics," NBER Working Papers 32857, National Bureau of Economic Research, Inc.
    86. Katrin Assenmacher & Signe Krogstrup, 2021. "Monetary Policy with Negative Interest Rates: De-linking Cash from Digital Money," International Journal of Central Banking, International Journal of Central Banking, vol. 17(1), pages 67-106, March.
    87. Antonio Diez de los Rios & Yu Zhu, 2020. "CBDC and Monetary Sovereignty," Staff Analytical Notes 2020-5, Bank of Canada.
    88. Carli, Francesco & Uras, Burak R., 2024. "E-money, risk-sharing, and welfare," European Economic Review, Elsevier, vol. 169(C).
    89. Chen Hanfeng & Hänsel Matthias & Nguyen Hiep, 2025. "Monetary Policy Transmission, Central Bank Digital Currency, and Bank Market Power," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 245(4-5), pages 527-576.
    90. Jonathan Chiu & Mohammad Davoodalhosseini & Janet Hua Jiang & Yu Zhu, 2020. "Safe Payments," Staff Working Papers 20-53, Bank of Canada.
    91. Hemingway, Benjamin, 2025. "The role of central bank digital currency in an increasingly digital economy," Journal of Economic Dynamics and Control, Elsevier, vol. 179(C).
    92. Bindseil, Ulrich & Panetta, Fabio & Terol, Ignacio, 2021. "Central Bank Digital Currency: functional scope, pricing and controls," Occasional Paper Series 286, European Central Bank.
    93. Mohammad Davoodalhosseini & Francisco Rivadeneyra & Yu Zhu, 2020. "CBDC and Monetary Policy," Staff Analytical Notes 2020-4, Bank of Canada.
    94. Jia, Pengfei, 2020. "Negative Interest Rates on Central Bank Digital Currency," MPRA Paper 103828, University Library of Munich, Germany.
    95. Jonathan Chiu & Mohammad Davoodalhosseini, 2021. "Central Bank Digital Currency and Banking: Macroeconomic Benefits of a Cash-Like Design," Staff Working Papers 21-63, Bank of Canada.
    96. Marcelo A. T. Aragão, 2021. "A Few Things You Wanted to Know about the Economics of CBDCs, but were Afraid to Model: a survey of what we can learn from who has done," Working Papers Series 554, Central Bank of Brazil, Research Department.
    97. Remo Nyffenegger, 2022. "Central bank digital currency and bank intermediation: medium of exchange vs. savings vehicle," ECON - Working Papers 409, Department of Economics - University of Zurich, revised Aug 2023.
    98. İbrahim Aydın & Zübeyir Çelik & Kaan Yiğenoğlu & Ayhan Cesur, 2024. "Consumers' foresight for the digital Turkish lira: an empirical study," Journal of Financial Services Marketing, Palgrave Macmillan, vol. 29(2), pages 214-228, June.
    99. Zijian Wang, 2023. "Money Laundering and the Privacy Design of Central Bank Digital Currency," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 51, pages 604-632, December.
    100. Lukas Altermatt & Kohei Iwasaki & Randall Wright, 2023. "General Equilibrium with Multiple Liquid Assets," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 51, pages 267-291, December.
    101. Han, Jungsuk & Wang, Yenan, 2025. "All that glitters: A theory of multiple bubbles with implications for cryptocurrencies," Journal of Monetary Economics, Elsevier, vol. 152(C).
    102. Katrin Assenmacher & Massimo Ferrari Minesso & Arnaud Mehl & Maria Sole Pagliari, 2024. "Managing the transition to central bank digital currency," Working Papers 803, DNB.
    103. Jonathan Chiu & Cyril Monnet, 2025. "On the Programmability and Uniformity of Digital Currencies," Staff Working Papers 25-18, Bank of Canada.
    104. Beckmann, Lars & Debener, Jörn & Hark, Paul F. & Pfingsten, Andreas, 2024. "CBDC and the shadow of bank disintermediation: US stock market insights on threats and remedies," Finance Research Letters, Elsevier, vol. 67(PB).
    105. Kohei Iwasaki, 2026. "Cryptocurrency Bubbles and Costly Mining," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 67(2), pages 499-512, May.
    106. Peng, Wei & Xin, Baogui & Tan, Hui & Kwon, Jiwon, 2025. "The co-effects of technology innovation and digital infrastructure on central bank digital currency: A DSGE analysis," Research in International Business and Finance, Elsevier, vol. 75(C).
    107. Fan, Rong & Walker, Todd B. & Wright, Allan, 2025. "Central bank digital currency in small open economies," Latin American Journal of Central Banking (previously Monetaria), Elsevier, vol. 6(2).
    108. Helmi, Mohamad Husam & Çatık, Abdurrahman Nazif & Akdeniz, Coşkun, 2023. "The impact of central bank digital currency news on the stock and cryptocurrency markets: Evidence from the TVP-VAR model," Research in International Business and Finance, Elsevier, vol. 65(C).
    109. Christoph Wronka, 2023. "Central bank digital currencies (CBDCs) and their potential impact on traditional banking and monetary policy: an initial analysis," Digital Finance, Springer, vol. 5(3), pages 613-641, December.
    110. Krüger, Ulrich & Wong, Lui Hsian, 2026. "Long-term implications of a digital euro on liquidity and funding costs in the German banking system," Discussion Papers 19/2026, Deutsche Bundesbank.
    111. Carletti, Elena & Leonello, Agnese & Marquez, Robert, 2024. "Market power in banking," Working Paper Series 2886, European Central Bank.
    112. Michael Junho Lee & Donny Tou, 2026. "Stablecoin Disintermediation," Staff Reports 1185, Federal Reserve Bank of New York.
    113. Bird, Daniel & Weiss, David, 2026. "Central bank digital currency: When price and bank stability (Don’t) collide," Journal of Economic Dynamics and Control, Elsevier, vol. 184(C).
    114. Bouzas, Tulio & Uras, Burak, 2026. "The Price of Traceability: E-Payments, Tax Compliance, and Policy," Other publications TiSEM b35a98be-6600-4dcd-8010-b, Tilburg University, School of Economics and Management.
    115. Iñaki Aldasoro & Rashad Ahmed, 2026. "Are stablecoins and bank deposits substitutes?," BIS Working Papers 1382, Bank for International Settlements.
    116. Shalva Mkhatrishvili & Wim Boonstra, 2022. "What we know on Central Bank Digital Currencies (so far)," NBG Working Papers 01/2022, National Bank of Georgia.
    117. James A. Clouse, 2024. "A Field Guide to Monetary Policy Implementation Issues in a New World with CBDC, Stablecoin, and Narrow Banks," Finance and Economics Discussion Series 2024-001, Board of Governors of the Federal Reserve System (U.S.).
    118. Rhys Bidder & Timothy Jackson & Matthias Rottner, 2024. "CBDC and Banks: Disintermediating Fast and Slow," Working Papers 202407, University of Liverpool, Department of Economics.
    119. Grodecka-Messi, Anna, 2019. "Private Bank Money vs Central Bank Money: A Historical Lesson for CBDC Introduction," Working Papers 2019:21, Lund University, Department of Economics.
    120. Hanfeng Chen & Maria Elena Filippin, 2023. "Central Bank Digital Currency with Collateral-constrained Banks," Papers 2308.10359, arXiv.org, revised Jun 2025.
    121. Arto Kovanen, 2022. "Second Thoughts About Central Bank Digital Currencies," Applied Economics and Finance, Redfame publishing, vol. 9(1), pages 1-18, December.
    122. Bruno Biais & Agostino Capponi & Lin William Cong & Vishal Gaur & Kay Giesecke, 2023. "Advances in Blockchain and Crypto Economics," Management Science, INFORMS, vol. 69(11), pages 6417-6426, November.
    123. Firman Hidayat & Raditya Sukmana & Masrizal Masrizal & Rahmat Heru Setianto, 2026. "The Impact of Central Bank Digital Currencies News on Bank Stability: Evidence from ASEAN-5 Countries," Bulletin of Monetary Economics and Banking, Bank Indonesia, vol. 29(1), pages 21-52, February.
    124. Li, Xinming & Wang, Yixuan & Jiang, Zixin & Zhang, Xiaolin, 2026. "Central bank digital currencies and bank net interest margin," International Review of Economics & Finance, Elsevier, vol. 108(C).
    125. Ozili, Peterson K, 2022. "Central bank digital currency research around the World: a review of literature," MPRA Paper 111389, University Library of Munich, Germany.
    126. Raphael Auer & Jon Frost & Leonardo Gambacorta & Cyril Monnet & Tara Rice & Hyun Song Shin, 2021. "Central bank digital currencies: motives, economic implications and the research frontier," BIS Working Papers 976, Bank for International Settlements.
    127. Abad, Jorge & Nuño, Galo & Thomas, Carlos, 2025. "CBDC and the operational framework of monetary policy," Journal of Monetary Economics, Elsevier, vol. 151(C).
    128. Wipf, Christian, 2026. "Should banks create money?," European Economic Review, Elsevier, vol. 185(C).
    129. Gobbi, Lucio & D'Ippoliti, Carlo & Temperini, Jacopo, 2024. "The distributive impact of unconventional monetary policies – old and new," MPRA Paper 122934, University Library of Munich, Germany.
    130. Jiaqi Li, 2021. "Predicting the Demand for Central Bank Digital Currency: A Structural Analysis with Survey Data," Staff Working Papers 21-65, Bank of Canada.

  7. Jonathan Chiu & Janet Hua Jiang & Seyed Mohammadreza Davoodalhosseini & Yu Zhu, 2019. "Central Bank Digital Currency and Banking," 2019 Meeting Papers 862, Society for Economic Dynamics.

    Cited by:

    1. Ferrari Minesso, Massimo & Mehl, Arnaud & Stracca, Livio, 2020. "Central bank digital currency in an open economy," Working Paper Series 2488, European Central Bank.
    2. Bitter, Lea, 2020. "Banking Crises under a Central Bank Digital Currency (CBDC)," VfS Annual Conference 2020 (Virtual Conference): Gender Economics 224600, Verein für Socialpolitik / German Economic Association.
    3. Castrén, Olli & Kavonius, Ilja Kristian & Rancan, Michela, 2022. "Digital currencies in financial networks," Journal of Financial Stability, Elsevier, vol. 60(C).
    4. Janet Hua & Yu Zhu, 2021. "Monetary Policy Pass-Through with Central Bank Digital Currency," Staff Working Papers 21-10, Bank of Canada.
    5. Schiller, Jonathan & Gross, Jonas, 2021. "A Model for Central Bank Digital Currencies: Implications for Bank Funding and Monetary Policy," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242350, Verein für Socialpolitik / German Economic Association.
    6. He Huang, 2019. "How Does Information Transmission Influence the Value Creation Capability of a Digital Ecosystem? An Empirical Study of the Crypto-Digital Ecosystem Ethereum," Sustainability, MDPI, vol. 11(19), pages 1-16, September.
    7. Jooyong Jun & Eunjung Yeo, 2021. "Central bank digital currency, loan supply, and bank failure risk: a microeconomic approach," Financial Innovation, Springer;Southwestern University of Finance and Economics, vol. 7(1), pages 1-22, December.
    8. Altermatt, Lukas & Wang, Zijian, 2021. "Oligopoly Banking, Risky Investment, and Monetary Policy," Economics Discussion Papers 30728, University of Essex, Department of Economics.
    9. Yujie Yang & Chenxing Zhang & Wenwen Hou, 2024. "CBDC, cash, and financial intermediary in HANK," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 23(3), pages 383-420, September.
    10. Beniak, Patrycja, 2019. "Central bank digital currency and monetary policy: a literature review," MPRA Paper 96663, University Library of Munich, Germany.
    11. Karau, Sören, 2023. "Central bank digital currency competition and the impossible trinity," Finance Research Letters, Elsevier, vol. 54(C).
    12. Böser, Florian & Gersbach, Hans, 2020. "Monetary Policy with a Central Bank Digital Currency: The Short and the Long Term," CEPR Discussion Papers 15322, Centre for Economic Policy Research.
    13. Lukas Altermatt, 2022. "Inside Money, Investment, And Unconventional Monetary Policy," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 63(4), pages 1527-1560, November.
    14. Agur, Itai & Ari, Anil & Dell'Ariccia, Giovanni, 2020. "Designing Central Bank Digital Currencies," CEPR Discussion Papers 15366, Centre for Economic Policy Research.
    15. Assenmacher, Katrin & Bitter, Lea & Ristiniemi, Annukka, 2023. "CBDC and business cycle dynamics in a New Monetarist New Keynesian model," Working Paper Series 2811, European Central Bank.
    16. Charles M. Kahn & Maarten van Oordt & Yu Zhu, 2021. "Best Before? Expiring Central Bank Digital Currency and Loss Recovery," Staff Working Papers 21-67, Bank of Canada.
    17. Hossein Nabilou, 2020. "Testing the waters of the Rubicon: the European Central Bank and central bank digital currencies," Journal of Banking Regulation, Palgrave Macmillan, vol. 21(4), pages 299-314, December.
    18. Arauz, Andrés & Garratt, Rodney & Ramos F., Diego F., 2021. "Dinero Electrónico: The rise and fall of Ecuador's central bank digital currency," Latin American Journal of Central Banking (previously Monetaria), Elsevier, vol. 2(2).
    19. Williamson, Stephen D., 2022. "Central bank digital currency and flight to safety," Journal of Economic Dynamics and Control, Elsevier, vol. 142(C).
    20. Alexandra Mitschke, 2021. "Central Bank Digital Currencies and Monetary Policy Effectiveness in the Euro Area," Working Papers Dissertations 74, Paderborn University, Faculty of Business Administration and Economics.
    21. Ferry Syarifuddin & Toni Bakhtiar, 2021. "Monetary Policy Strategy In The Presence Of Central Bank Digital Currency," Working Papers WP/09/2021, Bank Indonesia.
    22. Tercero-Lucas, David, 2023. "Central bank digital currencies and financial stability in a modern monetary system," Journal of Financial Stability, Elsevier, vol. 69(C).
    23. Kenichi Ueda & Chanthol Hay, 2024. "Design of a CBDC in a Highly Dollarized Emerging Market Economy: The Case of Cambodia," Asian Economic Policy Review, Japan Center for Economic Research, vol. 19(2), pages 272-290, July.
    24. Ohik Kwon & Seungduck Lee & Jaevin Park, 2020. "Central Bank Digital Currency, Tax Evasion, Inflation Tax, and Central Bank Independence," Working Papers 2020-26, Economic Research Institute, Bank of Korea.
    25. Grodecka-Messi, Anna, 2019. "Private Bank Money vs Central Bank Money: A Historical Lesson for CBDC Introduction," Working Papers 2019:21, Lund University, Department of Economics.
    26. Arto Kovanen, 2022. "Second Thoughts About Central Bank Digital Currencies," Applied Economics and Finance, Redfame publishing, vol. 9(1), pages 1-18, December.
    27. Mzoughi, Hela & Benkraiem, Ramzi & Guesmi, Khaled, 2022. "The bitcoin market reaction to the launch of central bank digital currencies," Research in International Business and Finance, Elsevier, vol. 63(C).
    28. Ohik Kwon & Seungduck Lee & Jaevin Park, 2022. "Central bank digital currency, tax evasion, and inflation tax," Economic Inquiry, Western Economic Association International, vol. 60(4), pages 1497-1519, October.

  8. Mohammad Davoodalhosseini & Francisco Rivadeneyra, 2018. "A Policy Framework for E-Money: A Report on Bank of Canada Research," Discussion Papers 18-5, Bank of Canada.

    Cited by:

    1. Jonathan Chiu & Mohammad Davoodalhosseini & Janet Hua Jiang & Yu Zhu, 2019. "Bank Market Power and Central Bank Digital Currency: Theory and Quantitative Assessment," Staff Working Papers 19-20, Bank of Canada.
    2. Vollmar, Steffen & Wening, Fabian, 2024. "The impact of CBDC on a deposit-dependent banking system," Journal of Financial Stability, Elsevier, vol. 73(C).
    3. Charles M. Kahn & Francisco Rivadeneyra & Tsz-Nga Wong, 2018. "Should the Central Bank Issue E-money?," Staff Working Papers 18-58, Bank of Canada.
    4. James Chapman & Carolyn A. Wilkins, 2019. "Crypto ‘Money’: Perspective of a Couple of Canadian Central Bankers," Discussion Papers 2019-1, Bank of Canada.
    5. Chen, Hongyi & Siklos, Pierre L., 2022. "Central bank digital currency: A review and some macro-financial implications," Journal of Financial Stability, Elsevier, vol. 60(C).
    6. Wandhöfer, Ruth, 2019. "Technology innovation in financial markets : Implications for money, payments and settlement finality," Other publications TiSEM b7d8b24a-dbf4-4f82-b596-3, Tilburg University, School of Economics and Management.
    7. Gaston Giordana & Paolo Guarda, 2019. "Why do social networks introduce virtual currencies?," BCL working papers 132, Central Bank of Luxembourg.
    8. Jonathan Chiu & Janet Hua Jiang & Seyed Mohammadreza Davoodalhosseini & Yu Zhu, 2019. "Central Bank Digital Currency and Banking," 2019 Meeting Papers 862, Society for Economic Dynamics.
    9. Jonathan Chiu & Mohammad Davoodalhosseini & Janet Hua Jiang & Yu Zhu, 2020. "Safe Payments," Staff Working Papers 20-53, Bank of Canada.
    10. Mohammad Davoodalhosseini & Francisco Rivadeneyra & Yu Zhu, 2020. "CBDC and Monetary Policy," Staff Analytical Notes 2020-4, Bank of Canada.
    11. Grodecka-Messi, Anna, 2019. "Private Bank Money vs Central Bank Money: A Historical Lesson for CBDC Introduction," Working Papers 2019:21, Lund University, Department of Economics.
    12. Arto Kovanen, 2022. "Second Thoughts About Central Bank Digital Currencies," Applied Economics and Finance, Redfame publishing, vol. 9(1), pages 1-18, December.

  9. Mohammad Davoodalhosseini, 2018. "Adverse Selection with Heterogeneously Informed Agents," Staff Working Papers 18-7, Bank of Canada.

    Cited by:

    1. Fan Liang, 2026. "Adverse Selection and Small Business Finances," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 61, August.
    2. Davoodalhosseini, Seyed Mohammadreza, 2022. "Optimal taxation in asset markets with adverse selection," European Economic Review, Elsevier, vol. 147(C).
    3. Davoodalhosseini, Seyed Mohammadreza, 2019. "Constrained efficiency with adverse selection and directed search," Journal of Economic Theory, Elsevier, vol. 183(C), pages 568-593.

  10. Mohammad Davoodalhosseini, 2018. "Central Bank Digital Currency and Monetary Policy," Staff Working Papers 18-36, Bank of Canada.

    Cited by:

    1. Jonathan Chiu & Mohammad Davoodalhosseini & Janet Hua Jiang & Yu Zhu, 2019. "Bank Market Power and Central Bank Digital Currency: Theory and Quantitative Assessment," Staff Working Papers 19-20, Bank of Canada.
    2. Hermawan, Danny & Lie, Denny & Sasongko, Aryo & Yusan, Richard, 2023. "Money velocity, digital currency, and inflation dynamics," MPRA Paper 116906, University Library of Munich, Germany.
    3. Xiang, Lijin & Feng, Chao & Xiao, Zumian & Liu, Jianjian, 2024. "The impact of central bank digital currency on macroeconomic dynamics: A DSGE analysis," Economic Modelling, Elsevier, vol. 141(C).
    4. Constanza Martínez-Ventura & Julián A. Parra-Polanía & Tatiana Mora-Arbeláez & Angélica Lizarazo-Cuéllar, 2023. "Expected Macroeconomic Effects of Issuing a Retail Central Bank Digital Currency (CBDC)," Coyuntura Económica, Fedesarrollo, vol. 53, pages 151-177.
    5. Zhang, Xuanyu & Fan, Xiaoyun, 2025. "On the demand for various CBDC designs: A quantitative decomposition of currency spill-over based on the complementary role," International Review of Economics & Finance, Elsevier, vol. 103(C).
    6. Young Sik Kim & Ohik Kwon, 2019. "Central Bank Digital Currency and Financial Stability," Working Papers 2019-6, Economic Research Institute, Bank of Korea.
    7. Canh Phuc Nguyen & Nguyen Doan & Luis Chavez-Bedoya & Tam Hoang Nhat Dang & Hien Duy Phan, 2026. "Introducing a new index of central bank digital currency development," Quality & Quantity: International Journal of Methodology, Springer, vol. 60(2), pages 3675-3709, April.
    8. Thitima Chucherd & Chanokkarn Mek-yong & Nalin Nookhwun & Passawuth Nuntnarumit & Natta Piyakarnchana & Suparit Suwanik, 2021. "Monetary and Financial Perspectives on Retail CBDC in the Thai Context," PIER Discussion Papers 152, Puey Ungphakorn Institute for Economic Research.
    9. Ozili, Peterson K, 2023. "Using eNaira CBDC to solve economic problems in Nigeria," MPRA Paper 118805, University Library of Munich, Germany.
    10. Raphael A. Auer & Giulio Cornelli & Jon Frost, 2020. "Rise of the Central Bank Digital Currencies: Drivers, Approaches and Technologies," CESifo Working Paper Series 8655, CESifo.
    11. Wu, Jiaqi & Liu, Xin & Zhang, Chenghu, 2024. "Unveiling the influencing mechanism underlying users’ adoption and recommend intentions of central bank digital currency: A behavioral reasoning theory perspective," Journal of Retailing and Consumer Services, Elsevier, vol. 81(C).
    12. Stephen Williamson, 2019. "Central Bank Digital Currency: Welfare and Policy Implications," 2019 Meeting Papers 386, Society for Economic Dynamics.
    13. Wang, Chuyu & Chan, Kam C. & Zhang, Guanglong, 2026. "Digital currency as a “watchdog”: Central bank digital currency and corporate misconduct," Journal of Business Research, Elsevier, vol. 210(C).
    14. Magin, Jana Anjali & Neyer, Ulrike & Stempel, Daniel, 2023. "The macroeconomic effects of different CBDC regimes in an economy with a heterogeneous household sector," DICE Discussion Papers 396, Heinrich Heine University Düsseldorf, Düsseldorf Institute for Competition Economics (DICE).
    15. Charles M. Kahn & Francisco Rivadeneyra & Tsz-Nga Wong, 2018. "Should the Central Bank Issue E-money?," Staff Working Papers 18-58, Bank of Canada.
    16. Dionysopoulos, Lambis & Marra, Miriam & Urquhart, Andrew, 2024. "Central bank digital currencies: A critical review," International Review of Financial Analysis, Elsevier, vol. 91(C).
    17. Janet Hua & Yu Zhu, 2021. "Monetary Policy Pass-Through with Central Bank Digital Currency," Staff Working Papers 21-10, Bank of Canada.
    18. Wu, Binghui & Qi, Yaxin, 2026. "Central bank digital currency, banking stability, and the macroeconomy: A dynamic stochastic general equilibrium analysis," Economic Analysis and Policy, Elsevier, vol. 91(C), pages 444-470.
    19. Fan Liang, 2026. "Adverse Selection and Small Business Finances," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 61, August.
    20. Ozili, Peterson K, 2021. "Central bank digital currency can lead to the collapse of cryptocurrency," MPRA Paper 111218, University Library of Munich, Germany.
    21. Jonathan Chiu & Seyed Mohammadreza Davoodalhosseini, 2023. "Central Bank Digital Currency and Banking: Macroeconomic Benefits of a Cash-Like Design," Management Science, INFORMS, vol. 69(11), pages 6708-6730, November.
    22. Moro, Alessandro & Nispi Landi, Valerio, 2024. "The external financial spillovers of CBDCs," Journal of Economic Dynamics and Control, Elsevier, vol. 159(C).
    23. Alfar, Abdelrahman J.K. & Kumpamool, Chamaiporn & Nguyen, Dung T.K. & Ahmed, Rizwan, 2023. "The determinants of issuing central bank digital currencies," Research in International Business and Finance, Elsevier, vol. 64(C).
    24. Zhang, Guanglong & Chan, Kam C., 2026. "The value of government data collection: Evidence from central bank digital currency and corporate patenting," Journal of Banking & Finance, Elsevier, vol. 188(C).
    25. Hernán D. Seoane, 2021. "A Model To Think About Crypto-Assets and Central Bank Digital Currency," EconPol Policy Reports 33, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    26. Ferry Syarifuddin & Toni Bakhtiar, 2022. "The Macroeconomic Effects of an Interest-Bearing CBDC: A DSGE Model," Mathematics, MDPI, vol. 10(10), pages 1-33, May.
    27. Constanza Martínez-Ventura & Julián A. Parra-Polania & Tatiana Mora-Arbeláez & Angélica Lizarazo-Cuéllar, 2023. "Expected Macroeconomic Effects of Issuing a Retail CBDC," Borradores de Economia 1247, Banco de la Republica de Colombia.
    28. Son, Jaemin & Ryu, Doojin & Webb, Robert I., 2023. "Central bank digital currency: Payment choices and commercial bank profitability," International Review of Financial Analysis, Elsevier, vol. 90(C).
    29. Kyoungmin Lee & Minsung Kim & Sohyun Yoon & Jin-young Kim, 2025. "Use of central bank digital currency in the travel context," Information Technology & Tourism, Springer, vol. 27(2), pages 449-476, June.
    30. Barrdear, John & Kumhof, Michael, 2022. "The macroeconomics of central bank digital currencies," Journal of Economic Dynamics and Control, Elsevier, vol. 142(C).
    31. Saroj Bhattarai & Mohammad Davoodalhosseini & Zhenning Zhao, 2024. "Central Bank Digital Currency and Transmission of Monetary Policy," Staff Working Papers 24-27, Bank of Canada.
    32. Walter Engert & Oleksandr Shcherbakov & André Stenzel, 2024. "CBDC in the Market for Payments at the Point of Sale: Equilibrium Impact and Incumbent Responses," Staff Working Papers 24-52, Bank of Canada.
    33. Megha Garg & Shruti Malik & Parveen Kumar, 2025. "Decoding challenges in central bank digital currency implementation in India: a TISM-MICMAC approach," Quality & Quantity: International Journal of Methodology, Springer, vol. 59(6), pages 5575-5602, December.
    34. Mishra, Bineet & Prasad, Eswar, 2024. "A simple model of a central bank digital currency," Journal of Financial Stability, Elsevier, vol. 73(C).
    35. Ozili, Peterson K, 2021. "Central bank digital currency in Nigeria: opportunities and risks," MPRA Paper 110152, University Library of Munich, Germany.
    36. Jitender Kumar & Manju Rani, 2025. "Past, present and future of central bank digital currency: a systematic literature review and relevant issues," Journal of Banking Regulation, Palgrave Macmillan, vol. 26(4), pages 701-720, December.
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  11. Mohammad Davoodalhosseini, 2017. "Constrained Efficiency with Adverse Selection and Directed Search," Staff Working Papers 17-15, Bank of Canada.

    Cited by:

    1. Naoki Aizawa & Soojin Kim & Serena Rhee, 2020. "Labor Market Screening and the Design of Social Insurance: An Equilibrium Analysis of the Labor Market for the Disabled," NBER Working Papers 27478, National Bureau of Economic Research, Inc.
    2. Seyed Mohammadreza Davoodalhosseini, 2020. "Adverse Selection With Heterogeneously Informed Agents," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 61(3), pages 1307-1358, August.
    3. Häfner, Samuel & Haeusle, Niklas & Koeniger, Winfried & Braun, Alexander, 2024. "Optimal Compensation in Competitive Labor Markets with Heterogeneous Employers and Workers," IZA Discussion Papers 17449, IZA Network @ LISER.
    4. Fan Liang, 2026. "Adverse Selection and Small Business Finances," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 61, August.
    5. Auster, Sarah & Gottardi, Piero, 2019. "Competing mechanisms in markets for lemons," Theoretical Economics, Econometric Society, vol. 14(3), July.
    6. Fernández-Blanco, Javier, 2022. "Unemployment risks and intra-household insurance," Journal of Economic Theory, Elsevier, vol. 203(C).
    7. Davoodalhosseini, Seyed Mohammadreza, 2022. "Optimal taxation in asset markets with adverse selection," European Economic Review, Elsevier, vol. 147(C).
    8. Xiaoming Cai & Pieter Gautier, 2026. "Sorting in a Market for Lemons," CESifo Working Paper Series 13031, CESifo.
    9. Randall Wright & Philipp Kircher & Benoit Julîen & Veronica Guerrieri, 2017. "Directed Search: A Guided Tour," NBER Working Papers 23884, National Bureau of Economic Research, Inc.
    10. Auster, Sarah & Gottardi, Piero & Wolthoff, Ronald P., 2024. "Simultaneous Search and Adverse Selection," IZA Discussion Papers 16822, IZA Network @ LISER.
    11. Davoodalhosseini, Seyed Mohammadreza, 2019. "Constrained efficiency with adverse selection and directed search," Journal of Economic Theory, Elsevier, vol. 183(C), pages 568-593.
    12. Auster, Sarah & Gottardi, Piero, 2024. "Sorting versus screening in decentralized markets with adverse selection," Journal of Economic Theory, Elsevier, vol. 220(C).
    13. Felix Ehrenfried & Christian Holzner, 2018. "Dynamics and Endogeneity of Firms' Recruitment Behaviour," CESifo Working Paper Series 7283, CESifo.
    14. Cemil Selcuk, 2025. "Asymmetric Information and Credit Rationing in a Model of Search," Games, MDPI, vol. 16(1), pages 1-14, January.

Articles

  1. Davoodalhosseini, Seyed Mohammadreza, 2022. "Optimal taxation in asset markets with adverse selection," European Economic Review, Elsevier, vol. 147(C).
    See citations under working paper version above.
  2. Davoodalhosseini, Seyed Mohammadreza, 2022. "Central bank digital currency and monetary policy," Journal of Economic Dynamics and Control, Elsevier, vol. 142(C).
    See citations under working paper version above.
  3. Seyed Mohammadreza Davoodalhosseini & Francisco Rivadeneyra, 2020. "A Policy Framework for E-Money," Canadian Public Policy, University of Toronto Press, vol. 46(1), pages 94-106, March.

    Cited by:

    1. Morales-Resendiz, Raúl & Ponce, Jorge & Picardo, Pablo & Velasco, Andrés & Chen, Bobby & Sanz, León & Guiborg, Gabriela & Segendorff, Björn & Vasquez, José Luis & Arroyo, John & Aguirre, Illich & Hayn, 2021. "Implementing a retail CBDC: Lessons learned and key insights," Latin American Journal of Central Banking (previously Monetaria), Elsevier, vol. 2(1).
    2. Janet Hua & Yu Zhu, 2021. "Monetary Policy Pass-Through with Central Bank Digital Currency," Staff Working Papers 21-10, Bank of Canada.
    3. Rehman, Mubeen Abdur & Irfan, Muhammad & Naeem, Muhammad Abubakr & Lucey, Brian M. & Karim, Sitara, 2023. "Macro-financial implications of central bank digital currencies," Research in International Business and Finance, Elsevier, vol. 64(C).
    4. Auer, Raphael & Cornelli, Giulio & Frost, Jon, 2020. "Rise of the central bank digital currencies: drivers, approaches and technologies," CEPR Discussion Papers 15363, Centre for Economic Policy Research.
    5. Jonathan Chiu & Seyed Mohammadreza Davoodalhosseini, 2023. "Central Bank Digital Currency and Banking: Macroeconomic Benefits of a Cash-Like Design," Management Science, INFORMS, vol. 69(11), pages 6708-6730, November.
    6. Saroj Bhattarai & Mohammad Davoodalhosseini & Zhenning Zhao, 2024. "Central Bank Digital Currency and Transmission of Monetary Policy," Staff Working Papers 24-27, Bank of Canada.
    7. Andrew Usher & Edona Reshidi & Francisco Rivadeneyra & Scott Hendry, 2021. "The Positive Case for a CBDC," Discussion Papers 2021-11, Bank of Canada.
    8. Davoodalhosseini, Seyed Mohammadreza, 2022. "Central bank digital currency and monetary policy," Journal of Economic Dynamics and Control, Elsevier, vol. 142(C).
    9. Jonathan Chiu & Mohammad Davoodalhosseini & Janet Hua Jiang & Yu Zhu, 2020. "Safe Payments," Staff Working Papers 20-53, Bank of Canada.
    10. Ngo, Vu Minh & Van Nguyen, Phuc & Nguyen, Huan Huu & Thi Tram, Huong Xuan & Hoang, Long Cuu, 2023. "Governance and monetary policy impacts on public acceptance of CBDC adoption," Research in International Business and Finance, Elsevier, vol. 64(C).
    11. Adiya, Bayarmaa & Dong, Yuan, 2026. "The effects of interbank market on central bank digital currency and transmission of monetary policy," The North American Journal of Economics and Finance, Elsevier, vol. 85(C).

  4. Seyed Mohammadreza Davoodalhosseini, 2020. "Adverse Selection With Heterogeneously Informed Agents," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 61(3), pages 1307-1358, August.
    See citations under working paper version above.
  5. Davoodalhosseini, Seyed Mohammadreza, 2019. "Constrained efficiency with adverse selection and directed search," Journal of Economic Theory, Elsevier, vol. 183(C), pages 568-593.
    See citations under working paper version above.
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