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that analyze the impact of such evolution on the demand for cash. Beyond data availability, this research is complicated by … the fact that the debit card provides two services for consumers, cash withdrawal and payment, that have contrasted … effects on cash holdings and cash usage. Using micro-level data, we estimate the impacts of both services on the demand for …
Persistent link: https://www.econbiz.de/10013090785
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 …
Persistent link: https://www.econbiz.de/10013170282
credible commitment to return to the commodity standard, the suspension of cash payments maintains the value and circulation of … money. Lessons and evidence are taken from England's experience of the suspension of cash payments between 1797 and 1821 …
Persistent link: https://www.econbiz.de/10012730978
ATMs, introducing hybrid trucks for cash transport and matching coins with other countries in the euro area. Conclusions …Purpose: This study quantifies the impact of the Dutch cash payment system on the environment and on climate change … within the cash payment system where the impact on the environment and on the climate can be reduced. Methods: The ReCiPe …
Persistent link: https://www.econbiz.de/10012909344
U.S. consumer cash payments averaged 26 percent of all U.S. consumer payments by number (volume share) from 2008 to … estimates from the Diary of Consumer Payment Choice (DCPC) show that the volume share of consumer cash payments is higher than … estimated in the SCPC and suggest that the cash volume share was 8 percentage points lower in 2015 than in 2012. The DCPC most …
Persistent link: https://www.econbiz.de/10012941898
in Indian economy. The cash ban caused considerable damage to the wheels of the economy in the form of forced … also lowered the GDP forecast to 6.6% for 2016-17. New Investments fell by 50% in post cash ban. Rupee value also declined … measures in an exigent mode to make the cash ban a grand success …
Persistent link: https://www.econbiz.de/10012871271
We measure consumers' use of cash by harmonizing payment diary surveys from seven countries. The seven diary surveys … United States). Our paper finds cross-country differences – for example, the level of cash usage differs across countries …. Cash has not disappeared as a payment instrument, especially for low-value transactions. We also find that the use of cash …
Persistent link: https://www.econbiz.de/10013052907
We measure consumers' use of cash by harmonizing payment diary surveys from seven countries. The seven diary surveys … United States). Our paper finds cross-country differences – for example, the level of cash usage differs across countries …. Cash has not disappeared as a payment instrument, especially for low-value transactions. We also find that the use of cash …
Persistent link: https://www.econbiz.de/10013054093
We measure consumers' use of cash by harmonizing payment diary surveys from seven countries: Australia, Austria, Canada …-country differences, for example, the level of cash usage differs across countries. Cash has not disappeared as a payment instrument …, especially for low-value transactions. We also find that the use of cash is strongly correlated with transaction size …
Persistent link: https://www.econbiz.de/10012988736
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 …
Persistent link: https://www.econbiz.de/10012991015