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Meh, Césaire Assah; Quadrini, Vincenzo - 2004

Persistent link: https://www.econbiz.de/10002185890

Consumer Cash Usage: A Cross-Country Comparison with Payment Diary Survey Data

Bagnall, John; Bounie, David; Huynh, Kim; Kosse, Anneke; … - Bank of Canada - 2014

We measure consumers’ use of cash by harmonizing payment diary surveys from seven countries. The seven diary surveys were conducted in 2009 (Canada), 2010 (Australia), 2011 (Austria, France, Germany and the Netherlands), and 2012 (the United States). Our paper finds cross-country differences -...

Persistent link: https://www.econbiz.de/10010849952

Cash Management and Payment Choices: A Simulation Model with International Comparisons

Arango, Carlos; Bouhdaoui, Yassine; Bounie, David; … - Bank of Canada - 2013

Despite various payment innovations, today, cash is still heavily used to pay for low-value purchases. This paper develops a simulation model to test whether standard implications of the theory on cash management and payment choices can explain the use of payment instruments by transaction size....

Persistent link: https://www.econbiz.de/10010849960

Electronic Money and Payments: Recent Developments and Issues

Fung, Ben; Molico, Miguel; Stuber, Gerald - Bank of Canada - 2014

demand for bank notes, and the central bank’s balance sheet and its seigniorage revenue, which as a result might affect the … central bank’s ability to implement and conduct monetary policy and to promote financial stability. Other public policy issues …. While the demise of cash is not imminent, it is important for the central bank to continue to evaluate its potential roles …

Persistent link: https://www.econbiz.de/10010849977

The Role of Card Acceptance in the Transaction Demand for Money

Huynh, Kim; Schmidt-Dengler, Philipp; Stix, Helmut - Bank of Canada - 2014

The use of payment cards, either debit or credit, is becoming more and more widespread in developed economies. Nevertheless, the use of cash remains significant. We hypothesize that the lack of card acceptance at the point of sale is a key reason why cash continues to play an important role. We...

Persistent link: https://www.econbiz.de/10010960390

Why Is Cash (Still) So Entrenched? Insights from the Bank of Canada’s 2009 Methods-of-Payment Survey

Arango, Carlos; Hogg, Dylan; Lee, Alyssa - Bank of Canada - 2012

The authors present key insights from the Bank of Canada’s 2009 Methods-of-Payment survey. In the survey, about 6 …

Persistent link: https://www.econbiz.de/10009653924

How Do You Pay? The Role of Incentives at the Point-of-Sale

Arango, Carlos; Huynh, Kim; Sabetti, Leonard - Bank of Canada - 2011

-of-sale. We use the Bank of Canada 2009 Method of Payment Survey, a two-part survey among adult Canadians containing a detailed …

Persistent link: https://www.econbiz.de/10009352265

Price Competition and Concentration in Search and Negotiation Markets: Evidence from Mortgage Lending

Allen, Jason; Clark, Robert; Houde, Jean-François - Bank of Canada - 2012

This paper examines the impact of bank consolidation on mortgage rates in order to evaluate the extent to which …

Persistent link: https://www.econbiz.de/10009493658

Risk Premium, Variance Premium and the Maturity Structure of Uncertainty

Feunou, Bruno; Fontaine, Jean-Sébastien; Taamouti, … - Bank of Canada - 2012

Expected returns vary when investors face time-varying investment opportunities. Longrun risk models (Bansal and Yaron 2004) and no-arbitrage affine models (Duffie, Pan, and Singleton 2000) emphasize sources of risk that are not observable to the econometrician. We show that, for both classes of...

Persistent link: https://www.econbiz.de/10010548355

The Impact of Retail Payment Innovations on Cash Usage

Fung, Ben; Huynh, Kim; Sabetti, Leonard - Bank of Canada - 2012

the 2009 Bank of Canada Method of Payment survey, a representative sample of adult Canadians’ shopping behaviour for …

Persistent link: https://www.econbiz.de/10010556665