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The level and trend in cash use in a country will influence the demand for central bank digital currency (CBDC). While … access to digital currency will be more convenient than traveling to an ATM, it only makes CBDC like a bank debit card …
Persistent link: https://www.econbiz.de/10012889147
This paper examines key considerations around central bank digital currency (CBDC) foruse by the general public, based …
Persistent link: https://www.econbiz.de/10012828238
Cash use in most countries is falling slowly. On the margin, younger adults favor cash substitutes over cash. For older adults it is the reverse. Revealed preference tied to a changing population age structure seems to be the main influence on the demand for cash and why it is falling. Cash use...
Persistent link: https://www.econbiz.de/10013295132