Following demonetization, the government has been encouraging the dream of cashless society in India, urging the people … demonetization, people used to buy impulsively from the retail malls by using hard cash because of more convenience, but with the … implementation of demonetization, people have to think twice before making any kind of purchase due to less money on hand as well as …

consumers induced by the sudden 2016 Indian Demonetization for identification. Usage of digital payments rose by 3.38 percentage … points and monthly spending increased by 3% for an additional 10 percentage points in prior cash dependence. Spending … remained elevated even when cash availability recovered. Robustness analyses show that the spending response is not driven by …

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 …