Research Discussion Paper – RDP 2024-02 Valuing Safety and Privacy in Retail Central Bank Digital Currency


For their input the authors thank Jacqui Dwyer, Peter Gallagher, Kim Huynh, Matthew Read, Stephen Smith, Benjamin Stephens, Thuong Nguyen, Benjamin Watson and participants at several seminars. The views in this paper are those of the authors and do not necessarily reflect the views of the Reserve Bank of Australia. Any errors are the sole responsibility of the authors.

This work was performed under a pre-analysis plan, registered with the Open Science Framework. The Online Appendix explains where to find the plan and contains all planned analysis that did not make it into this paper.


Reserve Bank of Australia [*]

University of New South Wales [**]

Harvard University [***]