Providing bank notes is one of the Bank of Canada’s core functions. The Bank is therefore interested in whether cash is …. We provide a perspective on these issues by exploring access of First Nations reserves to cash. To do so, we measure the … distance between the 637 reserve band offices in Canada and their closest cash sources. In this study, these cash sources are …

rise of cryptoassets and a decline in the use of cash, should digital payments be left entirely to the private sector or …

Cash is being used less and less for making payments in many countries, including Canada and Sweden, which might … suggest that cash will eventually disappear. However, cash in circulation in most countries, including Canada, has been stable … for decades, and even rising in recent years. In contrast, aggregate cash demand in Sweden has been falling steadily. This …

Cash is being used less and less for making payments in many countries, including Canada and Sweden, which might … suggest that cash will eventually disappear. However, cash in circulation in most countries, including Canada, has been stable … for decades, and even rising in recent years. In contrast, aggregate cash demand in Sweden has been falling steadily. This …

innovations on cash usage. We estimate a semiparametric panel data model that accounts for unobserved heterogeneity and allows for … general forms of non-random attrition. We use annual data from the CFM on the methods of payment and cash usage for the period … 2010 - 12. Estimates based on crosssectional methods find a large impact of retail payment on cash usage (around 10 percent …

What makes e-money more special than cash? Is the introduction of e-money necessarily welfare enhancing? Is an e … welfare in a cash economy. A model that features both trading frictions and two-sided platforms is then built and used to … emoney depends critically on whether cash is a viable alternative to e-money as a means of payment. When it is not (e.g., for …

In this paper, we analyze theoretically the coexistence of two means of payment, such as cash and digital or electronic … payments, introducing some distortions in the payments markets to understand the widespread use of cash, specially in emerging … affecting cash usage and competition with a private digital payment platform. Considering heterogeneity in the seller's side by …

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 …