economy. We consider India’s demonetization policy which, by limiting the availability of cash, led to a large increase in the …

consider India's demonetization policy which, by limiting cash availability, led to a large increase in the use of electronic …

This study investigates the benefits of cash in a general context. First, we explicitly address the arguments of cash … critics, who are calling for cash to be abolished altogether. Second, we show that cash plays a crucial role in the current … two-tier banking system. Third, we are discussing a number of selected benefits of cash, inter alia its use in financial …

Cash use in most countries is falling slowly. On the margin, younger adults favor cash substitutes over cash. For older … the demand for cash and why it is falling. Cash use may continue to fall, and card use (the main cash substitute) may fall …