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It has been long recognized that cash plays a critical role in fueling street crime due to its liquidity and … circulation of cash on the streets associated with EBT implementation had an effect on crime. To address this question, we exploit … transactional anonymity. In poor neighborhoods where street offenses are concentrated, a significant source of circulating cash …
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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 …, interest elasticity as estimated in earlier periods and with broader money measures. However, cash demand by consumers using …
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