We estimate the demand for transaction and non-transaction cash balances in Canada, Denmark, Iceland, Sweden and Norway … over the last decades using the seasonal method. These countries share many features that are relevant for cash demand, but … nevertheless show large differences in terms of aggregate cash balances. While Canada, Iceland and Denmark have seen increased …

There is much in our increasingly digitized economies to suggest that the use of cash should fall. However, in almost … developing countries and an extensive set of possible explanatory variables to estimate panel regressions for cash demand. In … new finding is that our estimations point to a negative relationship between cash and corruption, and between cash and …

transactions and this residual is strong. -- Cash use ; demand for cash ; shadow economy ; National Accounts ; Financial Accounts …We use an “unexplained demand for cash” approach to measure the size of the shadow economy in Sweden. The size of the … changes in net financial positions. Moreover, the correlation between the demand for cash that cannot be explained by recorded …

paper explains these differences between Canada and Sweden by focusing separately on the transactions demand for cash and on … product in both Canada and Sweden. This reflects similar experiences in decreasing cash use for transactions over time due to …Cash is being used less and less for making payments in many countries, including Canada and Sweden, which might …