Linda Schilling | Blockchain@X

Linda Schilling

Assistant Professor for Finance, Olin Business School, Washington University St Louis

Publications & Outlooks

Central Bank Digital Currency : Central Banking for all ?

The introduction of a central bank digital currency (CBDC) allows the central bank to engage in large-scale intermediation by competing with private financial intermediaries for deposits. Yet, since a...

Some Simple Bitcoin Economics

In a novel model of an endowment economy, we analyze coexistence and competition between traditional fiat money (Dollar) and another intrinsically worthless medium of exchange, not controlled by a...

Cryptocurrencies, Currency Competition and the impossible Trinity

We analyze a two-country economy with complete markets, featuring two national currencies as well as a global (crypto)currency. If the global currency is used in both countries, the national nominal...


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