| | 講 題 | A Preview of Digital Currency Implications on Bank Runs | | | 講 者 | Department of Economics New York University New York, U.S.A. Shou-Jie Huang | | | 日 期 | 2018/10/25 | 長 度 | 00:10:49 | 人 氣 | 98 次 | | | This paper is a theoretical preview of digital currency implications
in the monetary system. In this study, we aim to create a demandwise
mechanism with a digital currency withdrawal contract to
prevent bank runs. The underlying spread risk and potential exchange
loss of digital currencies will limit depositors’ incentives to
participate. We conclude that by adopting this contract, a zero
bank run equilibrium can be achieved. | | | 提 供 | TANET台灣網際網路研討會-TANET2018 | | |
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