. Cash has not disappeared as a payment instrument, especially for low-value transactions. We also find that the use of cash …We measure consumers’ use of cash by harmonizing payment diary surveys from seven countries. The seven diary surveys … United States). Our paper finds cross-country differences – for example, the level of cash usage differs across countries …

This paper analyzes how EFT-POS payments and ATM withdrawals affect purse cash demand. In particular, survey data about … Austrian individuals are employed to estimate a cash demand equation which takes account of sample selection effects. The … results reveal that purse cash demand is significantly affected by debit card usage and that there are significant differences …

The paper analyzes why households in transition economies prefer to hold sizeable shares of their assets in cash at … relevance of this behavior and show that cash preferences cannot be fully explained by whether people are banked or unbanked … factors. Moreover, cash preferences are stronger in dollarized economies where a “safe” foreign currency serves as a store of …

. 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 formulate a simple inventory model that predicts that the level of … cash demand falls with an increase in card acceptance. We use detailed payment diary data from Austrian and Canadian …

foreign currency cash and foreign currency deposits. Overall, the results support the view that the persistence in the use of …

. Estimates of the extent of foreign currency cash holdings are derived from survey data. Furthermore, we define overall … euroization indices, relating both assets and cash holdings. Results confirm that some countries are heavily euroized and that … euro cash holdings constitute a sizeable share of local currency in circulation. Euroization levels in other –mainly …