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Cash use in most countries is falling slowly. On the margin, younger adults favor cash substitutes over cash. For older … the demand for cash and why it is falling. Cash use may continue to fall, and card use (the main cash substitute) may fall …
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We estimate the effect of Bitcoin ownership on the level of cash holdings of Canadian consumers. Bitcoin ownership … positively correlates with cash holdings even after accounting for selection into ownership via a control function approach. On … average, Bitcoin owners hold 83 percent (in 2018) to 95 percent (in 2017) more cash than non-owners. Focusing on the quantiles …
Persistent link: https://www.econbiz.de/10013256534
I investigate the impact of contactless credit cards (CTCs) on cash use in Canada, using panel data between 2010 and … 2017. I show that ignoring unobserved heterogeneity would lead to overstating the impact of CTCs on cash usage in a linear … intensive margins of cash usage. I use a two-part model, with an exclusion restriction for better identification, to model both …
Persistent link: https://www.econbiz.de/10012404480
This paper examines the experience of Sweden with government notes and private bank notes to determine how well the Swedish experience corresponds to that of Canada and the United States. Sweden is important to study because it has had government notes in circulation for more than 350 years, and...
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Ein Buch über die Politik des Geldes und den Umbruch, der gerade stattfindet vom Bargeld hin zu den digitalen Währungen … der unterschiedlichsten Form. Der Autor, ein Journalist mit Erfahrungen aus dem Finanzsektor und Aktivist für das Bargeld …, gibt sich enorme Mühe, die Vor- und Nachteile von Bargeld, Kartenzahlungen, digitalen Finanztransfers und den verschiedenen …
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