need for monitoring spending and budgets. We demonstrate that both cash and the debit card are perceived as helpful in this … card more useful for monitoring their household finances than cash. Individuals differ in major respects, however. In … particular, low earners and the liquidity-constrained prefer cash as a monitoring and budgeting tool. Finally, we present …

This paper investigates the impact of consumers' safety perception on debit card and cash usage. A conceptual framework … demonstrate that consumers' payment preferences for cash and debit cards are strongly affected by how consumers assess the … likelihood and seriousness of safety incidents related to cash, debit cards and ATM withdrawals. Risk aversion, personal …

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 …. Cash has not disappeared as a payment instrument, especially for low-value transactions. We also find that the use of cash …

In 2005, some 25,000 counterfeit euro banknotes were identified in the Netherlands, representing a fictitious amount of … two million euro. In collaboration with the TNO research institute, DNB has investigated how accurately cash handlers and … consumers with no cash handler experience can distinguish counterfeit euro notes from genuine ones. Also examined was the …

Despite various payment innovations, today, cash is still heavily used to pay for low-value purchases. This paper … develops a simulation model to test whether standard implications of the theory on cash management and payment choices can …, Germany and the Netherlands, we test the assumption that cash is still the most efficient payment instrument, and the idea …

. We show that they therefore hold more precautionary cash and have lower leverage targets. Though ICT firms issued more … market timing view. ICT firms did not build up excessive cash reserves that lead to overinvestment. All in all, the financial …