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This paper explains and forecasts the demand for banknotes issued in Germany. For small and large denomination notes we … estimate vector error correction models (VECM). The results suggest that the long-run demand for German small denomination … notes is mainly driven by domestic transactions and demand from outside the euro area. The transaction motive in the rest of …
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As part of the Eurosystem’s annual banknote production planning, the national central banks draw up forecasts estimating the volumes of national-issued banknotes in circulation for the three years ahead. As at the end of 2021, more than 80 per cent of euro banknotes in circulation (cumulated...
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assists drivers with finding customers by suggesting routes along which the demand is predicted to be high. We find that AI …
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The period from the 1950s to the late 1970s saw an almost uniform decline of cash-to-GDP ratios in industrial countries … incomes. Rising wages increased the burden of weekly wage payments in cash, and rising incomes made the average earner more … than revolutionary, however. So, even though the cash-to-GDP ratio declined in this period, absolute amounts of real cash …
Persistent link: https://www.econbiz.de/10011582263
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 … often perceived as substitutes for cash. …
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