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their policies and strategic decisions with a view to improve the efficiency of the cash cycle and the payment systems more … the use of cash by households in the euro area. …
Persistent link: https://www.econbiz.de/10012170458
cash by households. This paper presents an estimation of the number and value of cash transactions in all 19 euro area … that can contribute to improving the efficiency of the cash cycle and the payment system as a whole. Previous estimates of … the value of cash usage by households in the euro area date from 2008. Since then some central banks have carried out …
Persistent link: https://www.econbiz.de/10011752271
cash by households. This paper presents an estimation of the number and value of cash transactions in all 19 euro area … that can contribute to improving the efficiency of the cash cycle and the payment system as a whole. Previous estimates of … the value of cash usage by households in the euro area date from 2008. Since then some central banks have carried out …
Persistent link: https://www.econbiz.de/10011804704
Persistent link: https://www.econbiz.de/10013470602
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 …
Persistent link: https://www.econbiz.de/10010812609
We analyze for the first time cash holdings of private households in all euro area countries from 2002 to 2019 within a … panel cointegration framework. Besides the traditional determinants of cash demand like transactions balances and … opportunity costs, we concentrate on cashless payments media as substitutes to cash payments and the role of the shadow economy …
Persistent link: https://www.econbiz.de/10012291866
We estimate the demand for transaction and non-transaction cash balances in Canada, Denmark, Iceland, Sweden and Norway … over the last decades using the seasonal method. These countries share many features that are relevant for cash demand, but … nevertheless show large differences in terms of aggregate cash balances. While Canada, Iceland and Denmark have seen increased …
Persistent link: https://www.econbiz.de/10014332145
Persistent link: https://www.econbiz.de/10011985213
We analyze for the first time cash holdings of private households in all euro area countries from 2002 to 2019 within a … panel cointegration framework. Besides the traditional determinants of cash demand like transactions balances and … opportunity costs, we concentrate on cashless payments media as substitutes to cash payments and the role of the shadow economy …
Persistent link: https://www.econbiz.de/10012314861
Despite the increasing use of cashless payment instruments, the notion that cash loses importance over time can be … unambiguously refuted. In contrast, the authors show that cash demand increased steeply over the past 30 years. This is not only … is evident that cash demand always increases in times of crises, independent of the nature of the crisis itself. However …
Persistent link: https://www.econbiz.de/10012425532