It has been long recognized that cash plays a critical role in fueling street crime due to its liquidity and … transactional anonymity. In poor neighborhoods where street offenses are concentrated, a significant source of circulating cash … circulation of cash on the streets associated with EBT implementation had an effect on crime. To address this question, we exploit …

This paper has four goals: First, the use of cash as a possible driving factor of the shadow economy is investigated …. Second, the use of cash in crime, here especially in corruption, is also econometrically investigated. The influence is … about organized crime are also shown; the importance of cash is diminishing. Third, some remarks about terrorism are made …

Cash is an important means of transaction, generally assumed to be fungible. However, behavioral economics and consumer … research show that "cash in hand", physically holding on to cash and then handing it away, affects purchasing decisions. I … study how cash in hand influences decisions in a different but very important domain: savings. Savings accounts are a …

We examine how an innovation in payment technology impacts on consumer payment choice and cash demand. We study the … reduction in the cash share of payments and no reduction of average cash demand. Treatment effects on payment choice are … strongest among consumers with an intermediate pre-treatment use of cash. Explorative analyses reveal that effects are largely …