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? What do they imply for the future of cash and digital payments? We assemble a new "Future of Payments" database on retail … countries. We find that card-not-present payments, payment app downloads and the volume of cash in circulation all rose in weeks …
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This paper studies the role of training vouchers and caseworkers in public training programs. Using a rich administrative data set, we apply matching and regression methods to measure the effect of the Hartz reform in Germany, which introduced training vouchers and imposed more selective...
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This paper presents the results of a randomized experiment analyzing the use of vouchers for adult training. In 2006, 2,400 people were issued with a training voucher which they were entitled to use in payment for a training course of their choice. User behavior was compared with a control group...
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