Rodney Garratt

University of California, Santa Barbara (UCSB)

South Hall 5504

SCHOLARLY PAPERS

17

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12,906

TOTAL CITATIONS
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Top 7,886

in Total Papers Citations

103

Scholarly Papers (17)

1.

Central Bank Cryptocurrencies

BIS Quarterly Review September 2017
Number of pages: 16 Posted: 26 Sep 2017
Morten L. Bech and Rodney Garratt
Bank for International Settlements (BIS) - Committee on Payments and Market Infrastructures and University of California, Santa Barbara (UCSB)
Downloads 6,807 (2,216)
Citation 46

Abstract:

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Monetizing Privacy with Central Bank Digital Currencies

Number of pages: 34 Posted: 20 May 2020 Last Revised: 21 Sep 2022
Rodney Garratt and Michael Lee
University of California, Santa Barbara (UCSB) and Federal Reserve Banks - Federal Reserve Bank of New York
Downloads 1,216 (34,955)

Abstract:

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Customer data, privacy, market structure, digital cash, payments

Monetizing Privacy with Central Bank Digital Currencies

FRB of New York Staff Report No. 958
Number of pages: 26 Posted: 20 Jan 2021 Last Revised: 14 Jan 2022
Michael Lee and Rodney Garratt
Federal Reserve Banks - Federal Reserve Bank of New York and University of California, Santa Barbara (UCSB)
Downloads 229 (270,240)
Citation 1

Abstract:

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central bank digital currency, customer data, privacy, market structure, digital cash, payments

The Economics of Distributed Ledger Technology for Securities Settlement

Bank of England Working Paper No. 670
Number of pages: 33 Posted: 23 Aug 2017
Evangelos Benos, Rodney Garratt and Pedro Gurrola-Perez
Bank of England, University of California, Santa Barbara (UCSB) and Bank of England
Downloads 212 (291,125)
Citation 11

Abstract:

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distributed ledger, securities settlement, CSD, post-trade industry

4.

How Central Bank Digital Currency Design Choices Impact Monetary Policy Pass-Through and Market Composition

Number of pages: 43 Posted: 10 Jan 2022
Rodney Garratt, Jiaheng Yu and Haoxiang Zhu
University of California, Santa Barbara (UCSB), The University of Hong Kong - Faculty of Business and Economics and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 836 (60,350)
Citation 4

Abstract:

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central bank digital currency, interest on (excess) reserves, deposit interest rates, bank lending

5.

On Interest-Bearing Central Bank Digital Currency with Heterogeneous Banks

Number of pages: 34 Posted: 22 Mar 2021 Last Revised: 17 Sep 2021
Rodney Garratt and Haoxiang Zhu
University of California, Santa Barbara (UCSB) and Massachusetts Institute of Technology (MIT) - Sloan School of Management
Downloads 829 (61,054)

Abstract:

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central bank digital currency, interest on (excess) reserves, deposit interest rates, bank lending

6.

Why Fixed Costs Matter for Proof-of-Work Based Cryptocurrencies

Number of pages: 67 Posted: 13 May 2020 Last Revised: 12 Apr 2023
Rodney Garratt and Maarten R.C. van Oordt
University of California, Santa Barbara (UCSB) and VU University Amsterdam
Downloads 521 (110,658)
Citation 18

Abstract:

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Cryptocurrency, Block-chain, Mining, Valuation, Industrial Organization, Bitcoin

7.

Estimating Policy Functions in Payment Systems using Reinforcement Learning

Number of pages: 40 Posted: 12 Feb 2021
Google Inc., Bank of Canada, Government of Canada - Bank of Canada, University of California, Santa Barbara (UCSB) and Bank of Canada
Downloads 486 (120,288)
Citation 1

Abstract:

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Artificial intelligence, Reinforcement learning, Payments systems

8.

Privacy as a Public Good: A Case for Electronic Cash

Staff Working Paper/Document de travail du personnel 2019-24
Number of pages: 42 Posted: 29 Jun 2019 Last Revised: 29 Jul 2019
Rodney Garratt and Maarten R.C. van Oordt
University of California, Santa Barbara (UCSB) and VU University Amsterdam
Downloads 436 (137,062)
Citation 7

Abstract:

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Money, privacy, social costs, overlapping generations model

9.

Entrepreneurial Incentives and the Role of Initial Coin Offerings

Number of pages: 47 Posted: 05 Mar 2019 Last Revised: 10 May 2019
Rodney Garratt and Maarten R.C. van Oordt
University of California, Santa Barbara (UCSB) and VU University Amsterdam
Downloads 318 (194,463)
Citation 9

Abstract:

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asset pricing, e-money, initial coin offering, crypto, exchange rates

10.

The Crypto Multiplier

Number of pages: 18 Posted: 19 May 2023 Last Revised: 19 Dec 2023
Rodney Garratt and Maarten R.C. van Oordt
University of California, Santa Barbara (UCSB) and VU University Amsterdam
Downloads 268 (232,509)

Abstract:

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Bitcoin, Cryptocurrency, Exchange Rates, Monetary Economics, Risk Management

11.

An Impossibility Theorem on Truthful Reporting in Fully Decentralized Systems

Number of pages: 11 Posted: 31 Jan 2022 Last Revised: 17 Mar 2022
Rodney Garratt and Cyril Monnet
University of California, Santa Barbara (UCSB) and University of Bern
Downloads 198 (311,499)

Abstract:

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decentralized systems, smart contracts, truth-telling, contractibility

12.

Rent-Seeking Platforms

FRB of New York Staff Report No. 892
Number of pages: 46 Posted: 21 Jul 2019 Last Revised: 07 Sep 2021
University of California, Santa Barbara (UCSB), Federal Reserve Banks - Federal Reserve Bank of New York, Swiss National Bank and Massachusetts Institute of Technology (MIT)
Downloads 170 (357,309)
Citation 5

Abstract:

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inter-dealer markets, liquidity, information design, platforms

13.

Optimal Data Security with Redundancies

Number of pages: 27 Posted: 28 Jun 2022
Rodney Garratt and Linda Schilling
University of California, Santa Barbara (UCSB) and Washington University in Saint Louis, John M. Olin Business School
Downloads 98 (548,172)
Citation 1

Abstract:

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DLT, data security, backups, redundancy, cyber attacks

14.

Why Defi Lending? Evidence from Aave V2

Number of pages: 53 Posted: 30 Oct 2024
Bank for International Settlements (BIS), Bank for International Settlements (BIS), European Central Bank (ECB) and University of California, Santa Barbara (UCSB)
Downloads 85 (598,775)

Abstract:

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cryptocurrency, DeFi, decentralized finance, lending

15.
Downloads 81 (620,408)

Data Redundancies and Cyber Attacks

Number of pages: 85 Posted: 15 Apr 2024
Rodney Garratt and Linda Schilling
University of California, Santa Barbara (UCSB) and Washington University in Saint Louis, John M. Olin Business School
Downloads 58 (746,074)

Abstract:

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cyber attacks, data security, backups, free riding, redundancy, DLT

Data Redundancies and Cyber Attacks

Number of pages: 86 Posted: 20 Dec 2024
Linda Schilling and Rodney Garratt
Washington University in Saint Louis, John M. Olin Business School and University of California, Santa Barbara (UCSB)
Downloads 23 (1,060,810)

Abstract:

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cyber attacks, data security, data sharing, backups, free riding, redundancy, DLT JEL codes: D8, G28

16.

Crypto Exchange Tokens

Number of pages: 34 Posted: 15 Apr 2024
Rodney Garratt and Maarten R.C. van Oordt
University of California, Santa Barbara (UCSB) and VU University Amsterdam
Downloads 80 (620,408)

Abstract:

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Asset pricing, Cryptocurrencies, Exchanges, Market manipulation

17.

Regulatory Requirements of Banks and Arbitrage in the Post-Crisis Federal Funds Market

Number of pages: 39 Posted: 28 Apr 2023
Rodney Garratt and Sofia Priazhkina
University of California, Santa Barbara (UCSB) and Government of Canada - Bank of Canada
Downloads 36 (888,948)

Abstract:

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federal funds market, monetary policy implementation, bank regulation, liquidity coverage ratio, leverage ratio, FHLB