? What do they imply for the future of cash and digital payments? We assemble a new “Future of Payments” database on retail … countries. We find that card-not-present payments, payment app downloads and the volume of cash in circulation all rose in weeks …

We analyze for the first time cash holdings of private households in all euro area countries from 2002 to 2019 within a … panel cointegration framework. Besides the traditional determinants of cash demand like transactions balances and … opportunity costs, we concentrate on cashless payments media as substitutes to cash payments and the role of the shadow economy …

Do digital payment technologies generate liquidity premia like cash and Treasury? We provide an estimate in the context …

Cash is an important means of transaction, generally assumed to be fungible. However, behavioral economics and consumer … research show that ‘cash in hand’, physically holding on to cash and then handing it away, affects purchasing decisions. I … study how cash in hand influences decisions in a different but very important domain: savings. Savings accounts are a …

banking and the abolition of cash I propose an equivalence result according to which a marginal substitution of outside for …

We analyze for the first time cash holdings of private households in all euro area countries from 2002 to 2019 within a … panel cointegration framework. Besides the traditional determinants of cash demand like transactions balances and … opportunity costs, we concentrate on cashless payments media as substitutes to cash payments and the role of the shadow economy …

or employment. Using U.S. firm level data, we document systematic patterns of cash and debt financing around lumpy … productivity are leading indicators of the lumpy adjustment. Cash and debt capacity are actively manipulated, and contribute … in productive capacity are undertaken following years where firms reduce cash balances and hold above average levels of …

? What do they imply for the future of cash and digital payments? We assemble a new "Future of Payments" database on retail … countries. We find that card-not-present payments, payment app downloads and the volume of cash in circulation all rose in weeks …