How Long to Read Designing Central Bank Digital Currencies

How Long Does it Take to Read Designing Central Bank Digital Currencies?

It takes the average reader and 39 minutes to read Designing Central Bank Digital Currencies by Mr.Itai Agur

Assuming a reading speed of 250 words per minute. Learn more

Description

We study the optimal design of a central bank digital currency (CBDC) in an environment where agents sort into cash, CBDC and bank deposits according to their preferences over anonymity and security; and where network effects make the convenience of payment instruments dependent on the number of their users. CBDC can be designed with attributes similar to cash or deposits, and can be interest-bearing: a CBDC that closely competes with deposits depresses bank credit and output, while a cash-like CBDC may lead to the disappearance of cash. Then, the optimal CBDC design trades off bank...

How long is Designing Central Bank Digital Currencies?

Designing Central Bank Digital Currencies by Mr.Itai Agur is 38 pages long, and a total of 9,804 words.

This makes it 13% the length of the average book. It also has 12% more words than the average book.

How Long Does it Take to Read Designing Central Bank Digital Currencies Aloud?

The average oral reading speed is 183 words per minute. This means it takes and 53 minutes to read Designing Central Bank Digital Currencies aloud.

What Reading Level is Designing Central Bank Digital Currencies?

Designing Central Bank Digital Currencies is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Designing Central Bank Digital Currencies?

Designing Central Bank Digital Currencies by Mr.Itai Agur is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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