1 option
How Do Private Digital Currencies Affect Government Policy? / Max Raskin, Fahad Saleh, David Yermack.
- Format:
- Book
- Author/Creator:
- Raskin, Max.
- Series:
- Working Paper Series (National Bureau of Economic Research) no. w26219.
- NBER working paper series no. w26219
- Language:
- English
- Physical Description:
- 1 online resource: illustrations (black and white);
- Place of Publication:
- Cambridge, Mass. National Bureau of Economic Research 2019.
- Summary:
- This paper provides a systematic evaluation of the different types of digital currencies. We express skepticism regarding centralized digital currencies and therefore focus our economic analysis on private digital currencies. Specifically, we highlight the potential for private digital currencies to improve welfare within an emerging market with a selfish government. In that setting, we demonstrate that a private digital currency not only improves citizen welfare but also encourages local investment and enhances government welfare.
- Notes:
- Print version record
- September 2019.
The Penn Libraries is committed to describing library materials using current, accurate, and responsible language. If you discover outdated or inaccurate language, please fill out this feedback form to report it and suggest alternative language.