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U.S. consumers' demand for cash is estimated with new panel micro data for 2008-2010 using econometric methodology … zero, cash demand by consumers using credit cards for convenience (without revolving debt) has the same small, negative …, interest elasticity as estimated in earlier periods and with broader money measures. However, cash demand by consumers using …
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The study explores the factors likely to induce Polish customers to pay by cash, instead of payment cards, for goods …; then, in the second stage, the OLS model is employed to analyze the propensity to pay by cash, despite having a payment … in diary studies. Furthermore, we show that instances of merchants' refusal to accept cash significantly impacted payment …
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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 …
Persistent link: https://www.econbiz.de/10003969563
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 jointly explains credit card ownership and the … use of cash. Our results indicate that the pattern of cash usage is compatible with systematic economic decision making …
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