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Central Bank Digital Currencies: Inevitable?, Harald Uhlig
Central Bank Digital Currencies: Inevitable?, Harald Uhlig
Perspectives@SMU
Central banks are right to worry about CBDCs leading to runs on them. Is that better than letting the private sector influence monetary policy?
The Unknown Benefits Of Black Markets, Singapore Management University
The Unknown Benefits Of Black Markets, Singapore Management University
Perspectives@SMU
Research on the license plate market in China’s capital finds that black markets can potentially serve as an auction mechanism to redistribute limited resources to those in need