Economics of Payments XII Conference Session 3: Central bank digital currency

Conference Session on CBDC · November 25, 2025

0:00/1:29

1:29:25

0:00

20:00

40:00

1:00:00

1:29:25

Opening remarks and paper overview (theoretical model)

Presentation

0:00 → 2:45(2m 44s)

Presenter (label: Presenter) introduces a portfolio-choice model to study how a retail CBDC could affect bank deposits and lending, framing the question as intensive (banks raise deposit remuneration) vs. extensive (households opt out) margins.

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Academic conference session on central bank digital currency (CBDC) research and implications for bank intermediation, featuring two paper presentations and discussant commentary.

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Transcript

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