Credit lines, bank deposits or CBDC? Competition & efficiency in modern payment systems by Martin Schneider and Monica Piazzesi
The Open Economy Macroeconomics of Central Bank Digital Currencies by Michael Kumhof, Marco Pinchetti, Phurichai Rungcharoenkitkul and Andrej Sokol
The impact of central bank digital currency on bank deposits and the interbank market by Benjamin Hemingway