In the United States prior to 1863 each bank issued its own distinct notes. E-money shares many of the characteristics … of these bank notes. This paper describes some lessons relevant to e-money from the U.S. experience with state bank notes …. It examines historical evidence on how well the bank notes - a privately-issued currency system with multiple issuers …

We measure consumers' use of cash by harmonizing payment diary surveys from seven countries. The seven diary surveys … United States). Our paper finds cross-country differences - for example, the level of cash usage differs across countries …. Cash has not disappeared as a payment instrument, especially for low-value transactions. We also find that the use of cash …

bank issued its own notes. E-money shares many of the characteristics of these bank notes. This paper describes some … lessons relevant to e money from the U.S. experience with national bank notes. It examines historical evidence on how well the … bank notes — a privately issued currency system with multiple issuers — functioned with respect to ease of transacting …

In the United States prior to 1863, each bank issued its own distinct notes. E-money shares many of the characteristics … of these bank notes. This paper describes some lessons relevant to e-money from the U.S. experience with state bank notes …. It examines historical evidence on how well the bank notes — a privately issued currency system with multiple issuers …

As the sole issuer of bank notes, the Bank of Canada conducts methods-of-payment (MOP) surveys to obtain a detailed and … representative snapshot of Canadian payment choices, with a focus on cash usage. Overall, cash usage at the point of sale has … cash transaction is about $9. Respondents' perceptions and demographic factors are used to interpret survey data: cash is …

renders central bank balance-sheet expansions ineffective. In the context of the 2007–2009 Great Recession, a more flexible …

from cash to credit. In the 21st century, consumers get cash from bank and nonbank sources with heterogeneous transactions …U.S. consumers' demand for cash is estimated with new panel micro data for 2008-2010 using econometric methodology … zero, cash demand by consumers using credit cards for convenience (without revolving debt) has the same small, negative …