Hayo, Bernd; Neuenkirch, Matthias; Walz, Manuel - 2026 - First Draft: May 27, 2026
This paper analyses the extensive and intensive margins of demand for a retail digital euro. We conducted a representative survey in France, Germany and Italy in November-December 2023. We find that 52-62% of respondents are willing to hold a digital euro, depending on the interest rate spread,...