Showing 1 - 10 of 1,460
Despite recent calls in support of cash transfers, there is little rigorous evidence of the relative impacts of cash … equivalently valued cash and voucher transfers. The voucher program distorted households? purchases along both the extensive and … intensive margin as compared with unconstrained cash households. Yet there were no differences in food consumption or other …
Persistent link: https://www.econbiz.de/10012970734
Despite the increased use of conditional and unconditional cash-transfer programs worldwide, a majority of social … of a randomized evaluation of an unconditional cash transfer and voucher program in the Democratic Republic of Congo, a …, a number of international organizations have used cash and vouchers to assist internally displaced populations. While …
Persistent link: https://www.econbiz.de/10014159407
The paper explores the precarious balance between modernizing monetary systems by means of digital currencies (either issued by the central bank itself or independently) and safeguarding financial stability as also ensured by tangible payment (and saving) instruments like paper money. Which...
Persistent link: https://www.econbiz.de/10012063969
Persistent link: https://www.econbiz.de/10012126177
We examine how an innovation in payment technology impacts on consumer payment choice and cash demand. We study the … reduction in the cash share of payments and no reduction of average cash demand. Treatment effects on payment choice are … strongest among consumers with an intermediate pre-treatment use of cash. Explorative analyses reveal that effects are largely …
Persistent link: https://www.econbiz.de/10012239874
Persistent link: https://www.econbiz.de/10012112413
This study investigates the benefits of cash in a general context. First, we explicitly address the arguments of cash … critics, who are calling for cash to be abolished altogether. Second, we show that cash plays a crucial role in the current … two-tier banking system. Third, we are discussing a number of selected benefits of cash, inter alia its use in financial …
Persistent link: https://www.econbiz.de/10011731033
cash by households. This paper presents an estimation of the number and value of cash transactions in all 19 euro area … that can contribute to improving the efficiency of the cash cycle and the payment system as a whole. Previous estimates of … the value of cash usage by households in the euro area date from 2008. Since then some central banks have carried out …
Persistent link: https://www.econbiz.de/10011752271
It has been long recognized that cash plays a critical role in fueling street crime due to its liquidity and … transactional anonymity. In poor neighborhoods where street offenses are concentrated, a significant source of circulating cash … circulation of cash on the streets associated with EBT implementation had an effect on crime. To address this question, we exploit …
Persistent link: https://www.econbiz.de/10010398758
cash holding. To do this, we use the new data for Poland and review original datasets from Bates et al. [2009] for the U ….S. We find no trace of a trend for Poland and believe most trends for the U.S. come from the cash piling toward the end of … the sample period. At best, the U.S. trend applies merely to small firms. We believe cash holding is a period …
Persistent link: https://www.econbiz.de/10014476839