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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 … being settled in cash declines significantly as the amount of cash available at one’s disposal decreases. This indicates …
Persistent link: https://www.econbiz.de/10010192759
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Despite intense policy debates, the relationship between social welfare and refugee crime remains understudied. Taking …
Persistent link: https://www.econbiz.de/10014514925
We measure consumers’ use of cash by harmonizing payment diary surveys from seven countries: Australia, Austria, Canada …-country differences, for example, the level of cash usage differs across countries. Cash has not disappeared as a payment instrument …, especially for low-value transactions. We also find that the use of cash is strongly correlated with transaction size …
Persistent link: https://www.econbiz.de/10010384150
We examine the ability of policymakers to stimulate household borrowing and spending during the Great Recession by reducing banks' cost of funds. Using panel data on 8.5 million U.S. credit card accounts and 743 credit limit regression discontinuities, we estimate the marginal propensity to...
Persistent link: https://www.econbiz.de/10011343066
. Moreover, in these municipalities: i) newspapers were more likely to report crime news involving pardoned individuals; ii …) voters held worse beliefs on the incumbent national government's ability to control crime and iii) with respect to the …
Persistent link: https://www.econbiz.de/10011781786
Provided that the literature on the deterrent effect of capital punishment is overall inconclusive, the fact that individual authors persistently claim to have found solid evidence in one or the other direction raises two questions. Firstly, what are the causes for these different results? Do...
Persistent link: https://www.econbiz.de/10009722413
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penalty to the severity of the crime. We combine individual-level data on sentence length for a representative sample of US …
Persistent link: https://www.econbiz.de/10011723411
adult crime: outcomes that carry significant negative externalities. This paper uses particularly rich datasets from Denmark …
Persistent link: https://www.econbiz.de/10011602688