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spending across all methods of payment (cash, debit, credit, etc.). As well, the mix of payment methods that consumers use … could also be affected. This paper is a first step in analyzing the effects of the pandemic on the demand for cash and on … help us assess whether any effects on demand for cash or the mix of payment methods used by consumers are transitory or …
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Cash use in most countries is falling slowly. On the margin, younger adults favor cash substitutes over cash. For older … the demand for cash and why it is falling. Cash use may continue to fall, and card use (the main cash substitute) may fall …
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The present paper provides an overview on current developments of cash usage and issue of central bank digital currency … (CBDC) in the euro area and proposes a possible design of a digital euro that allows for instant offline payments. Cash … regulations and supply-side restrictions by commercial banks. Nonetheless, overall demand for euro cash remained strong and even …
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We shed light on the demand for a central bank digital currency (CBDC) as a means of payment, based on survey payment data. We provide a quantitative framework to assess transactional demand for CBDC at the point of sale, accommodating a wide range of design choices. We develop a structural...
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