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Precautionary motives in short-term cash management: Evidence from German POS transactions
Eschelbach, Martina; Schmidt, Tobias - Deutsche Bundesbank - 2013
This paper empirically investigates whether individuals withhold a certain amount of cash for precautionary reasons at the point-of-sale (POS) in order to be able to cover future transactions that might have to be paid for in cash. Such behaviour is costly for consumers because it imposes...
Persistent link: https://www.econbiz.de/10010957118
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Consumer cash usage: A cross-country comparison with payment diary survey data
Bagnall, John; Bounie, David; Huynh, Kim P.; Kosse, Anneke - Deutsche Bundesbank - 2014
, France, Germany, the Netherlands, and the United States (conducted 2009 through 2012). Our paper finds important cross …
Persistent link: https://www.econbiz.de/10010957141
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Using cash to monitor liquidity: Implications for payments, currency demand and withdrawal behavior
von Kalckreuth, Ulf; Schmidt, Tobias; Stix, Helmut - Deutsche Bundesbank - 2011
only for cash usage as such but also for a broader set of paymentrelated activities. Survey data from Germany on consumers …
Persistent link: https://www.econbiz.de/10009372154
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Choosing and using payment instruments: evidence from German microdata
von Kalckreuth, Ulf; Schmidt, Tobias; Stix, Helmut - Deutsche Bundesbank - 2009
significantly affect the use of cash in Germany. …
Persistent link: https://www.econbiz.de/10008615586
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War on cash : is there a future for cash? : International Cash Conference : 25 - 27 April 2017, Island of Mainau, Germany
International Cash Conference <2017, Mainau>; Deutsche … - 2016
Persistent link: https://www.econbiz.de/10011730970
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Fatigue in payment diaries - empirical evidence from Germany
Schmidt, Tobias - Deutsche Bundesbank - 2011
In this paper we analyse whether the recording behaviour of consumers keeping a payment diary changes over the diary period. Using data from a large study on the payment behaviour of German consumers we find that individuals tend to report a higher number of transactions on the first day of the...
Persistent link: https://www.econbiz.de/10009024638
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Money in monetary policy design under uncertainty: the Two-Pillar Phillips Curve versus ECB-style cross-checking
Beck, Günter W.; Wieland, Volker - Deutsche Bundesbank - 2007
The European Central Bank has assigned a special role to money in its two pillar strategy and has received much criticism for this decision. In this paper, we explore possible justifications. The case against including money in the central bank's interest rate rule is based on a standard model...
Persistent link: https://www.econbiz.de/10005083254
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Der Auslandsumlauf deutscher Euro-Banknoten: Schätzung mit direkten Ansätzen
Bartzsch, Nikolaus; Rösl, Gerhard; Seitz, Franz - Deutsche Bundesbank - 2011
Inlandsumlauf von Euro-Banknoten in Deutschland Ende 2009 (rd. 130 Mrd. €) nur rund einem Drittel aller von der Deutschen Bundesbank …In this paper, we endeavour to determine the volume of euro banknotes issued by Germany that is in circulation outside … Germany. In so doing, we draw a distinction between banknotes outstanding in non-euro-area countries and those that are in …
Persistent link: https://www.econbiz.de/10009323140
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Foreign demand for euro banknotes issued in Germany: Estimation using indirect approaches
Bartzsch, Nikolaus; Rösl, Gerhard; Seitz, Franz - Deutsche Bundesbank - 2011
In this paper, we endeavour to determine the volume of euro banknotes issued by Germany that is in circulation outside … Germany. In so doing, we draw a distinction between banknotes outstanding in non-euro-area countries and those that are in … outside Germany indirectly. The observation period runs from 2002 to 2009. We discover that, at the end of 2009, a total of …
Persistent link: https://www.econbiz.de/10009323141
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Der Auslandsumlauf deutscher Euro-Banknoten: Schätzung mit indirekten Ansätzen
Bartzsch, Nikolaus; Rösl, Gerhard; Seitz, Franz - Deutsche Bundesbank - 2011
In this paper, we endeavour to determine the volume of euro banknotes issued by Germany that is in circulation outside … Germany. In so doing, we draw a distinction between banknotes outstanding in non-euro-area countries and those that are in … outside Germany indirectly. The observation period runs from 2002 to 2009. We discover that, at the end of 2009, a total of …
Persistent link: https://www.econbiz.de/10009323142