Economist Daniel Sanches has been researching digital currency and the market effects of central bank digital currency on countries currently exploring this possibility. In this Q&A, he shares key research insights and points to our new Digital Currency Center.
Economic Insights — Cryptocurrencies may seem like a hot new thing, but the history of money teaches us a lot about what crypto can and can't do.
WP 22-12 – Fintech and decentralized finance have penetrated all areas of the financial system and have improved financial inclusion in the last decade.
WP 21-38 – We construct a two-period model of revolving credit with asymmetric information and adverse selection.