Joint Workshop: The Economics of Digital Currencies

October 7-9, 2020

SaMMF is pleased to host a workshop on the economics of digital currencies, organized jointly with the Bank of Canada, Rutgers University, and the Journal of Economic Dynamics and Control.

Zoom Registration

The workshop consists of 9 papers spread over three days. Each paper will have 30 minutes for the speaker to present, 10 minutes for the discussant and 15 minutes of Q&A. The format will be the same as our seminars and you can find its description here. The program is below.

For questions regarding the program please contact the organizers:

Program

Wednesday – October 7

8:55-9:00 am EST – Welcome and Housekeeping Remarks

9:00-9:55 am EST

  • Michael Kumhof (Bank of England) presenting “The Macroeconomics of Central-Bank-Issued Digital Currencies” with John Barrdear (Bank of England)
    • Discussant: James Chapman (Bank of Canada)

9:55-10:00 am EST – Coffee Break

10:00-10:55 am EST

  • Bryan Routledge (Carnegie Mellon) presenting “Currency Stability Using Blockchain Technology” with Ariel Zetlin-Jones (Carnegie Mellon)
    • Discussant: Bruno Sultanum (Richmond Fed)

10:55 – 11:00 am EST – Coffee Break

11:00-11:55 am EST

  • Michael Choi (UC Irvine) presenting “More on Money Mining and Price Dynamics: Competing and Divisible Currencies” with Guillaume Rocheteau (UC Irvine)
    • Discussant: Luis Araujo (Michigan State University)
Thursday – October 8

9:00-9:55 am EST

  • Stephen Williamson (Western University) presenting “Central Bank Digital Currency and Flight to Safety”
    • Discussant: Francesca Carapella (Board of Governors)

9:55-10:00 am EST – Coffee Break

10:00-10:55 am EST

  • Seyed Mohammadreza Davoodalhosseini (Bank of Canada) presenting “Central Bank Digital Currency and Monetary Policy”
    • Discussant: Mariana Rojas Breu (Université Paris Dauphine)

10:55 – 11:00 am EST – Coffee Break

11:00-11:55 am EST

  • Cyril Monnet (Bank for International Settlements) presenting “Central Bank Digital Currency: Stability and Information” with Todd Keister (Rutgers University)
    • Discussant: Rod Garratt (University of California, Santa Barbara)
Friday – October 9

9:00-9:55 am EST

  • Chien-Chiang Wang (National Taiwan University) presenting “Cryptocurrency, Imperfect Information, and Fraud” with Yiting Li (National Taiwan University)
    • Discussant: Thorsten Koeppl (Queen’s University)

9:55-10:00 am EST – Coffee Break

10:00-10:55 am EST

  • Maarten van Oordt (Bank of Canada) presenting “Entrepreneurial Incentives and the Role of Initial Coin Offerings” with Rodney J. Garratt (UC Santa Barbara)
    • Discussant: Linda Schilling (École Polytechnique CREST)

10:55 – 11:00 am EST – Coffee Break

11:00-11:55 am EST

  • Tsz-Nga Wong (Richmond Fed) presenting “Payments on Digital Platforms: Resiliency, Interoperability and Welfare” with Jonathan Chiu (Bank of Canada)
    • Discussant: Charlie Kahn (University of Illinois)