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The importance of consumer confidence in stimulating economic activity is a disputed issue in macroeconomics. Do … changes in confidence represent autonomous fluctuations in optimism, independent of information on economic fundamentals, or … confidence, and I find that consumer confidence contains information relevant to predicting spending, independent from other …
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Debit cards are overtaking credit cards as the most prevalent form of electronic payment at the point of sale, yet the determinants of a ubiquitous consumer choice - "debit or credit?" - have received relatively little scrutiny. Several stylized facts suggest that debit-card use is driven by...
Persistent link: https://www.econbiz.de/10002521756
Finnish payment methods have changed rapidly as payment cards have gained increasing popularity and have, to an extent, replaced cash.This article examines this phenomenon and the trends in cash and electronic payment methods in Finland.It starts with an introduction to the statistical data on...
Persistent link: https://www.econbiz.de/10012933203
Using a representative sample of the U.S. adult population, we analyze which payment methods consumers use to pay other consumers (p2p) and how these choices depend on transaction and demographic characteristics. We additionally construct a random matching model of consumers with diverse...
Persistent link: https://www.econbiz.de/10012426719
Finnish payment methods have changed rapidly as payment cards have gained increasing popularity and have, to an extent, replaced cash. This article examines this phenomenon and the trends in cash and electronic payment methods in Finland. It starts with an introduction to the statistical data on...
Persistent link: https://www.econbiz.de/10014062756
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