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We analyze for the first time cash holdings of private households in all euro area countries from 2002 to 2019 within a … panel cointegration framework. Besides the traditional determinants of cash demand like transactions balances and … opportunity costs, we concentrate on cashless payments media as substitutes to cash payments and the role of the shadow economy …
Persistent link: https://www.econbiz.de/10012291866
cash by households. This paper presents an estimation of the number and value of cash transactions in all 19 euro area … that can contribute to improving the efficiency of the cash cycle and the payment system as a whole. Previous estimates of … the value of cash usage by households in the euro area date from 2008. Since then some central banks have carried out …
Persistent link: https://www.econbiz.de/10011752271
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- 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 …
Persistent link: https://www.econbiz.de/10013373669
different euro-area countries. Based on research by Stoyan and depending on growth assumptions, the annual outflow of German €1 … coins is calculated to lie somewhere between 4% and 5%. In the long run, the ratio of German €1 coins in Germany is likely …
Persistent link: https://www.econbiz.de/10003881600
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Using merged data from the British Household Panel Survey (BHPS) and the German Socio-Economic Panel (SOEP), this paper … the initial problems were overcome within one year of the introduction of euro cash. …
Persistent link: https://www.econbiz.de/10003522939
Using merged data from the British Household Panel Survey (BHPS) and the German Socio-Economic Panel (SOEP), this paper … the initial problems were overcome within one year of the introduction of euro cash. …
Persistent link: https://www.econbiz.de/10003394899
Persistent link: https://www.econbiz.de/10009485737