We measure consumers' use of cash by harmonizing payment diary surveys from seven countries. The seven diary surveys … were conducted in 2009 (Canada), 2010 (Australia), 2011 (Austria, France, Germany and the Netherlands), and 2012 (the … United States). Our paper finds cross-country differences – for example, the level of cash usage differs across countries …

Standard transaction cost arguments can only partially explain why the share of cash transactions is still high in many … distinctive feature of cash – a glance into one's pocket provides a signal for both the remaining budget as well as the level of … past expenses. We propose a theoretical framework which incorporates this feature of cash, and derives implications not …

Germans are still very fond of using cash. Of all direct payment transactions, cash accounts for an astounding 82% in … cash remains so important. We propose a two-stage empirical framework which jointly explains credit card ownership and the … use of cash. Our results indicate that the pattern of cash usage is compatible with systematic economic decision making …

Germans are still very fond of using cash. Of all direct payment transactions, cash accounts for an astounding 82% in … cash remains so important. We propose a two-stage empirical framework which jointly explains credit card ownership and the … use of cash. Our results indicate that the pattern of cash usage is compatible with systematic economic decision making …

instrument attributes, and transaction features on the probability of using cash, debit card, or credit card at the point …-of-sale. We use the Bank of Canada 2009 Method of Payment Survey, a two-part survey among adult Canadians containing a detailed … questionnaire and a three-day shopping diary. We find that cash is still used intensively at low value transactions due to speed …

to understand the high shares of low-value cash payments in Canada, France and Germany. Yet, they do not perform as well …Despite various payment innovations, today, cash is still heavily used to pay for low-value purchases. This paper … proposes a simulation model based on two optimal cash management and payment policies in the payments economics literature to …

– wide access to cash is fundamentally important for a healthy economy. In this study, three main research areas were …´ payment choices; 3. underlying factors for holding cash in a wallet (i.e. for transactional purposes). Regression results for … income and education, or lower level of cash income are more likely to prefer and actually use electronic payment methods …