remarks on the importance of money for the economy in general, special attention is paid to the unique characteristics of cash …In this paper, we focus on the stabilizing role of cash from a society-wide perspective. Starting with conceptual … cash can help to avoid such a situation. We find interesting similarities to both crises in two separate case studies, one …

We analyze the repercussions of different kinds of uncertainty on cash demand, including uncertainty of the digital … classification scheme how cash holdings typically evolve in each of these types of uncertainty by separating between demand for … domestic and international cash as well as between transaction and store of value balances. Hereby, we focus on the stabilizing …

, natural disasters) and their effects on the demand for cash in an international context. It becomes evident that over the past … 30 years cash demand always increased in times of crises, independent of the nature of the crisis itself.However, the …

Despite the increasing use of cashless payment instruments, the notion that cash loses importance over time can be … unambiguously refuted. In contrast, the authors show that cash demand increased steeply over the past 30 years. This is not only … is evident that cash demand always increases in times of crises, independent of the nature of the crisis itself. However …

The use of cashless payment instruments has been on an increase over many years now. At the same time, demand for cash … has been on the rise as well and we can observe a particularly high level of growth demand for banknotes during crisis … times. The increase in demand for cash known as the "banknote paradox" is a phenomenon observed in many economies. It …

new financial crises is an important criterion for a stable European Union. Proponents of the Sovereign Money System (SMS …) identify the ability of private banks to create money as the main contributor to the outbreak of financial crisis. Hence, they … for "real" transactions is stable and therefore, a "workable" link from money base to economic activity can be established …

investment of money market funds (MMFs) at the Federal Reserve's overnight reverse repo (ON RRP) facility has continued to …

's key variable, the quantity of money …