Mukhopadhyay, Bappaditya - In: Financial Innovation 2 (2016) 27, pp. 1-26
Background: This paper analyzes India's gradual transition towards a cashless economy. Methods: We present a theoretical model that evaluates decisions by consumers and sellers to adopt cashless payments. We then use data from surveys conducted in 2011 and 2014 (from World Bank's Global Findex),...