We analyze for the first time cash holdings of private households in all euro area countries from 2002 to 2019 within a …' cash holdings, the volume of transactions and the size of the shadow economy irrespective of country size for all euro area … panel cointegration framework. Besides the traditional determinants of cash demand like transactions balances and …

cash by households. This paper presents an estimation of the number and value of cash transactions in all 19 euro area … the value of cash usage by households in the euro area date from 2008. Since then some central banks have carried out … their own research on cash usage. This paper is the first study to measure the transaction demand for cash in the euro area …