Showing 31 - 40 of 34,003
account of the change in the circulation of euro banknotes and the use of cash in transactions during the pandemic; and (2) to …In the light of fears that the SARS-CoV-2 virus might be transmitted via cash – fears that were stoked by statements in … assess the survivability of the virus on cash and the potential transmission risks. The pandemic has caused a significant …
Persistent link: https://www.econbiz.de/10012602351
We study the demand for Swiss banknotes over the period from 1956 to 2015 and present stylized facts on different …, we focus on the demand for banknotes used as a store of value ("hoarding"), which can be expected to be particularly … seasonal pattern of CHF 1000 banknotes, which might not be related to transactions, we cannot rely on seasonal ranges including …
Persistent link: https://www.econbiz.de/10011731402
There is much in our increasingly digitized economies to suggest that the use of cash should fall. However, in almost … developing countries and an extensive set of possible explanatory variables to estimate panel regressions for cash demand. In … new finding is that our estimations point to a negative relationship between cash and corruption, and between cash and …
Persistent link: https://www.econbiz.de/10012263787
This paper explains and forecasts the demand for banknotes issued in Germany. For small and large denomination notes we …
Persistent link: https://www.econbiz.de/10011334993
This paper models the demand for banknotes issued in Germany. It highlights that all motives for holding banknotes are …. The transaction motive in the rest of the euro area and non-cash payments are part of the short-term dynamics. The long …
Persistent link: https://www.econbiz.de/10011284235
The authors review recent developments in retail payments in Canada and elsewhere, with a focus on e-money products …. While the demise of cash is not imminent, it is important for the central bank to continue to evaluate its potential roles … with regard to e-money. …
Persistent link: https://www.econbiz.de/10010403331
workstream of the Eurosystem Research Network on Cash (EURECA) have conducted a study on the foreign demand for euro banknotes …In order to understand why there is a continuous increase in euro banknote circulation even though the use of cash for … transactions is decreasing in the euro area – a phenomenon known as the paradox of banknotes – the members of the Overseas …
Persistent link: https://www.econbiz.de/10012424342
paper we gather indirect evidence on the behavior of prices from the analysis of cash withdrawals from ATM and their …
Persistent link: https://www.econbiz.de/10005609383
costs for cash holders and money supply increase. Nevertheless, a CBDC is able to increase welfare as long as the share of …This paper examines whether a central bank digital currency (CBDC) reinforces inefficiencies in transactions with cash … extended by a CBDC. We show that an interest-bearing CBDC reinforces inefficiencies in transactions with cash since opportunity …
Persistent link: https://www.econbiz.de/10013427777
costs for cash holders and money supply increase. Nevertheless, a CBDC is able to increase welfare as long as the share of …This paper examines whether a central bank digital currency (CBDC) reinforces inefficiencies in transactions with cash … extended by a CBDC. We show that an interest-bearing CBDC reinforces inefficiencies in transactions with cash since opportunity …
Persistent link: https://www.econbiz.de/10013328103