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In this paper, we focus on the role of different types of crises (technological crises, financial market crises, natural disasters) and their effects on the demand for cash in an international context. It becomes evident that over the past 30 years cash demand always increased in times of...
Persistent link: https://www.econbiz.de/10012703488
Cash usage at the point-of-sale decreased perceptibly in the past years. This is mainly due to the ongoing trend towards digitalization, but there are also indications that consumers were somewhat pushed into cashless payments by government regulations and supply-side restrictions by commercial...
Persistent link: https://www.econbiz.de/10013413632
We analyze the repercussions of different kinds of uncertainty on cash demand, including uncertainty of the digital infrastructures, confidence crises of the financial system, natural disasters, political uncertainties, and inflationary crises. Based on a comprehensive literature survey,...
Persistent link: https://www.econbiz.de/10014305043
banknotes and take due account of other determinants of cash demand. We find a significant and positive relationship between the …
Persistent link: https://www.econbiz.de/10011887403
In this paper, we analyze the volume of euro banknotes issued by Germany within the euro area with several seasonal …
Persistent link: https://www.econbiz.de/10010308346
is often maintained that a high quality of the banknotes in circulation helps the public detect counterfeits. However … Netherlands and Germany. Participants received a set of 200 banknotes with either a high or a low average soil level, based on the …
Persistent link: https://www.econbiz.de/10011452776
banknotes and take due account of other determinants of cash demand. We find a significant and positive relationship between the …
Persistent link: https://www.econbiz.de/10011872942
In this paper, we analyze the volume of euro banknotes issued by Germany within the euro area with several seasonal …
Persistent link: https://www.econbiz.de/10010209428
In this paper, we focus on the role of different types of crises (technological crises, financial market crises, natural disasters) and their effects on the demand for cash in an international context. It becomes evident that over the past 30 years cash demand always increased in times of...
Persistent link: https://www.econbiz.de/10012692738
towards more hoarding, especially in the form of large denomination banknotes. …
Persistent link: https://www.econbiz.de/10012425128