私人数字货币如何影响政府政策？

IF 6.1 2区经济学 Q1 BUSINESS, FINANCE

Journal of Financial Stability Pub Date : 2024-05-27 DOI:10.1016/j.jfs.2024.101281

Max Raskin , Fahad Saleh , David Yermack

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引用次数: 0

摘要

我们对不同类型的数字货币进行了系统的分类和评估。我们对集中式数字货币表示怀疑，并将经济分析的重点放在私人数字货币上。我们特别强调了私人数字货币在自私政府的新兴市场中改善福利的潜力。在这种情况下，我们证明了私人数字货币不仅能提高公民福利，还能鼓励地方投资，提高政府福利。私人数字货币能提高政府福利这一事实意味着，放任的监管政策能让公民实现之前提到的福利收益。

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How do private digital currencies affect government policy?

We provide a systematic classification and evaluation of the different types of digital currencies. We express skepticism regarding centralized digital currencies and focus our economic analysis on private digital currencies. We specifically 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. The fact that a private digital currency enhances government welfare implies a permissive regulatory policy which enables citizens to realize the previously referenced welfare gains.

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来源期刊

Journal of Financial Stability Multiple-

CiteScore

7.70

自引率

9.30%

发文量

审稿时长

34 days

期刊介绍： The Journal of Financial Stability provides an international forum for rigorous theoretical and empirical macro and micro economic and financial analysis of the causes, management, resolution and preventions of financial crises, including banking, securities market, payments and currency crises. The primary focus is on applied research that would be useful in affecting public policy with respect to financial stability. Thus, the Journal seeks to promote interaction among researchers, policy-makers and practitioners to identify potential risks to financial stability and develop means for preventing, mitigating or managing these risks both within and across countries.