Álvez, Marcelo; Lluberas, Rodrigo; Ponce, Jorge - In: Journal of central banking theory and practice 9 (2020) 2, pp. 109-129
preserving stable and efficient payment and financial systems. Uruguay, for instance, has promoted the use of electronic payment … we find that the cost of using cash in Uruguay is approximately 0.61% of GDP. Interestingly, 98.1% of this cost is borne …