- 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 …

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 jointlyexplains credit card ownership and the … use of cash. Our results indicate that the pattern of cash usage is compatible with systematic economic decision making …

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 …