Snellman, Heli; Virén, Matti E. E. - In: Applied financial economics 19 (2009) 10/12, pp. 841-851
particular, the demand for cash is analysed from this point of view. The analysis is based on a simple spatial transactions model … the demand for cash depends on the number of ATMs, ATM networks and the popularity of other means of payment. Thus, the … use of cash can be pretty well explained in the transaction demand framework assuming that the market structure and …