developing countries. This brief describes a new approach, Cash on Delivery Aid, which gives recipients full responsibility and …

transaction cost of electronic payment. Finally, it saves the cost of withdrawing and carrying around cash by reducing the … frequency of cash trades. All these channels together imply optimality of the unity tax rate on labor. …

The welfare cost of inflation is explored via a search-theoretic model in which along with non-interest-bearing cash … cash-only model. This implies that most existing measures of inflation cost with narrow money are substantially …

Retailers in the Netherlands and the U.K. can charge different prices for a commodity depending on whether cash or a … a uniform pricing constraint for cash and debit card payments are compared in a microfounded monetary model. We place … particular emphasis on the distinctive features of cash and debit cards as payment methods: the cost of a cash transaction for …

In this paper we provide a general equilibrium model that helps explaining payment choice at the retail level: cash …

need for monitoring spending and budgets. We demonstrate that both cash and the debit card are perceived as helpful in this … card more useful for monitoring their household finances than cash. Individuals differ in major respects, however. In … particular, low earners and the liquidity-constrained prefer cash as a monitoring and budgeting tool. Finally, we present …

We conduct an incentivized experiment to test whether the willingness to pay is higher for debit cards compared to cash … for three consumer products. Our findings support this conjecture also after controlling for cash availability, spending …