Standard transaction cost arguments can only partially explain why the share of cash transactions is still high in many … distinctive feature of cash – a glance into one's pocket provides a signal for both the remaining budget as well as the level of … past expenses. We propose a theoretical framework which incorporates this feature of cash, and derives implications not …

This paper focuses on the value of consumer payments made with cash, which we refer to as “total cash spending”, and … the share of total spending that is made with cash, which we refer to as the “cash-spending share”. We provide estimates … of these measures of cash use for 2000-2011 and forecasts of these measures of cash use for 2012-2022 for ten diverse …