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This article revisits the research in "The Move Toward a Cashless Society: A Closer Look at Payment Instrument Economics" in order to clarify assumptions underlying the theoretical model and how they impact the included cost and benefit categories; evaluate the estimates' plausibility by...
Persistent link: https://www.econbiz.de/10005432487
appear to be socially efficient at different transaction sizes; (b) cash appears to be efficient for small payments; and (c …) debit cards appear to overtake cash as the socially optimal instrument as the transaction size increases. Except for the …
Persistent link: https://www.econbiz.de/10005432498
Ce rapport a été préparé par le Comité des affaires fiscales afin d'examiner les moyens d'améliorer la coopération internationale relative à l'échange, à des fins fiscales, de renseignements détenus par les banques et les autres institutions financières.
Persistent link: https://www.econbiz.de/10012440618
health-compromising role of rapid increases in the crime rate or “crime spikes” (focusing on a particularly fear …-inducing crime – burglary). We also consider the extent to which the magnitude and significance of the association between burglary … hypothesis that crime spikes are associated with CRP. Specifically, we find that short-term burglary rate change is independently …
Persistent link: https://www.econbiz.de/10011042304
The paper aims to contribute to the longstanding technology-push vs. demand-pull debate and to the literature on renewable energy diffusion and renewable energy policy assessment. We argue that in addition to the traditional push-pull dichotomy, the drivers of technological change must be...
Persistent link: https://www.econbiz.de/10010502131
We study the relationship between openness and payment system development. In particular, we analyze how the existence of technology diffusion from a more developed country fosters a transformation of payment choice in a less developed country. We apply our analysis to Mexico. Economic growth in...
Persistent link: https://www.econbiz.de/10010989285
Retailers in the Netherlands and the U.K. can charge different prices for a commodity depending on whether cash or a … a uniform pricing constraint for cash and debit card payments are compared in a microfounded monetary model. We place … particular emphasis on the distinctive features of cash and debit cards as payment methods: the cost of a cash transaction for …
Persistent link: https://www.econbiz.de/10010907074
investment. Our results show that the locked-out cash due to repatriation tax costs is associated with a higher likelihood of … foreign (but not domestic) acquisitions. We also find a negative association between tax-induced foreign cash holdings and the …
Persistent link: https://www.econbiz.de/10011263120
investor's total return, but this role has declined over time. Although many companies still pay cash dividends, share … explain the popularity of share repurchases in the USA include the improved regulatory environment, economic conditions, and …
Persistent link: https://www.econbiz.de/10009245361
Purpose – The purpose of this paper is to examine the Dickens et al. model of bank holding company dividend policy. They identified five explanatory factors in a sample of bank holding companies (BHCs). Banking companies typically pay larger dividends and more often than industrial firms....
Persistent link: https://www.econbiz.de/10009245363