We estimate the demand for transaction and non-transaction cash balances in Canada, Denmark, Iceland, Sweden and Norway … over the last decades using the seasonal method. These countries share many features that are relevant for cash demand, but … nevertheless show large differences in terms of aggregate cash balances. While Canada, Iceland and Denmark have seen increased …

In this paper, we analyze the volume of euro banknotes issued by Germany within the euro area with several seasonal … transactions in Germany. The rest is hoarded (10%), circulates in other euro area countries (25%) or is held outside the euro area …

, 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 … not lead to plausible estimates for the hoarding share of CHF 1000 banknotes. Employing other peak dates, however …

. Due to the inadequate data availability, the cash balance held for domestic transactions by sector cannot be fully … €2 coins. Only in the case of €2 coins has the cash stock held for transaction purposes made a significant contribution … method of determining the demand for this denomination. Given the overall weakness in the growth of the cash held for …

towards more hoarding, especially in the form of large denomination banknotes. …Despite the increasing use of cashless payment instruments, the notion that cash loses importance over time can be … unambiguously refuted. In contrast, the authors show that cash demand increased steeply over the past 30 years. This is not only …

In this paper, we focus on the stabilizing role of cash from a society-wide perspective. Starting with conceptual … remarks on the importance of money for the economy in general, special attention is paid to the unique characteristics of cash … cash can help to avoid such a situation. We find interesting similarities to both crises in two separate case studies, one …

, 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 crises, independent of the nature of the crisis itself.However, the …

perspective, the digital euro will rather co-circulate with cash than replace it in transactions. …Cash usage at the point-of-sale decreased perceptibly in the past years. This is mainly due to the ongoing trend … government regulations and supply-side restrictions by commercial banks. Nonetheless, overall demand for euro cash remained …

We analyze the repercussions of different kinds of uncertainty on cash demand, including uncertainty of the digital … classification scheme how cash holdings typically evolve in each of these types of uncertainty by separating between demand for … domestic and international cash as well as between transaction and store of value balances. Hereby, we focus on the stabilizing …

, 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 crises, independent of the nature of the crisis itself.However, the …