Showing 1 - 10 of 470,420
We conduct a follow-up to Chen et al. (2020) and study demand for and use of cash after the containment measures … circulation continued to rise in July due to ongoing cash withdrawals and decreased cash deposits in the Bank Note Distribution … System. The probability of consumers using cash for payments increased in July compared with April 2020. As well, consumer …
Persistent link: https://www.econbiz.de/10012488999
We provide an analysis of cash trends in Canada before and during the COVID-19 pandemic. Focusing on the pandemic … period, we explore the implications on demand for, use of and access to cash. We find that cash demand has been strong pre …-pandemic and increased sharply during the pandemic. While cash use fell initially due to the decreased number of in-person shopping …
Persistent link: https://www.econbiz.de/10013362972
demand for cash and the use of various methods of payment. Continuing from Chen et al. (2020, 2021), we use data from the … Bank Note Distribution System (BNDS) to track how the amount of cash in circulation changed throughout 2020. The November … study long-term trends in cash use and payment methods. …
Persistent link: https://www.econbiz.de/10012597734
no longer generally accepted cash as a method of payment. For a payment-oriented CBDC to successfully address unmet …
Persistent link: https://www.econbiz.de/10014332028
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 …
Persistent link: https://www.econbiz.de/10012240328
demand for cash and the use of various methods of payment. Continuing from Chen et al. (2020, 2021), we use data from the … Bank Note Distribution System (BNDS) to track how the amount of cash in circulation changed throughout 2020. The November … study long-term trends in cash use and payment methods. …
Persistent link: https://www.econbiz.de/10012888665
We provide an update on the impact the COVID-19 pandemic on the demand for cash and the use of methods of payment based … findings are as follows: Cash in circulation remained high throughout 2021, driven mainly by demand for largedenomination notes …; Canadians' holdings of cash on hand in April (median $70) and August (median $80) were comparable to results seen in 2020. Other …
Persistent link: https://www.econbiz.de/10013430326
The role of cash in Canadians' lives has been evolving, as innovations in digital payments have become more widely … Canadians' use of cash and their adoption of digital payment methods. The Bank conducted the 2019 Cash Alternative Survey (CAS …) in August and September 2019. The 2019 CAS asked respondents to report their cash holdings, adoption of cryptocurrencies …
Persistent link: https://www.econbiz.de/10012267956
We provide an analysis of cash trends in Canada before and during the COVID-19 pandemic. Focusing on the pandemic … period, we explore the implications on demand for, use of and access to cash. We find that cash demand has been strong pre …-pandemic and increased sharply during the pandemic. While cash use fell initially due to the decreased number of in-person shopping …
Persistent link: https://www.econbiz.de/10014541742
no longer generally accepted cash as a method of payment. For a payment-oriented CBDC to successfully address unmet …
Persistent link: https://www.econbiz.de/10014541792