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.In particular, the demand for cash is analysed from this point of view.The analysis is based on a simple spatial transactions model … ATMs (in relation to population).It also reveals that the demand for cash depends both on the number of ATMs and ATM … networks and on the popularity of other means of payment.Thus, the use of cash can be fairly well explained in a transaction …
Persistent link: https://www.econbiz.de/10013321993
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
charged to the merchants, who may be reluctant to accept cards and induce the cardholder to withdraw cash. In this paper, we … empirically verify for the first time the effect of the interchange fee on the decision to withdraw cash and compare it with that … there is a positive correlation between the cash usage and the level of the interchange fees. Accordingly, regulation of the …
Persistent link: https://www.econbiz.de/10011259691
recorded, our estimates of cash payments can be used to estimate the total volume of transactions (MV) from the payment side of … estimates of the annual volume of cash payments. Since the volume of check payments (debits to checkable accounts) is regularly … currency” and “missing payments”. The estimated volume of cash payments is so high when compared to personal consumption …
Persistent link: https://www.econbiz.de/10012998612
recorded, our estimates of cash payments can be used to estimate the total volume of transactions (MV) from the payment side of … estimates of the annual volume of cash payments. Since the volume of check payments (debits to checkable accounts) is regularly … currency” and “missing payments”. The estimated volume of cash payments is so high when compared to personal consumption …
Persistent link: https://www.econbiz.de/10012999561
particular, the demand for cash is analysed from this point of view. The analysis is based on a simple spatial transactions model … ATMs (in relation to population). It also reveals that the demand for cash depends both on the number of ATMs and ATM … networks and on the popularity of other means of payment. Thus, the use of cash can be fairly well explained in a transaction …
Persistent link: https://www.econbiz.de/10014048309
directions of their changes from the point of view of the central bank and other entities involved in cash transactions, since it …The use of cashless payment instruments has been on an increase over many years now. At the same time, demand for cash … has been on the rise as well and we can observe a particularly high level of growth demand for banknotes during crisis …
Persistent link: https://www.econbiz.de/10014316654
estimating the volumes of national-issued banknotes in circulation for the three years ahead. As at the end of 2021, more than 80 … per cent of euro banknotes in circulation (cumulated net issuance) had been issued by the national central banks of France …, Germany, Italy and Spain ('4 NCBs'). To date, the 4 NCBs have been using ARIMAX models to forecast the banknotes issued …
Persistent link: https://www.econbiz.de/10014352476
estimating the volumes of national-issued banknotes in circulation for the three years ahead. As at the end of 2021, more than 80 … per cent of euro banknotes in circulation (cumulated net issuance) had been issued by the national central banks of France … forecast the banknotes issued nationally in circulation by denomination (“benchmark models”). This paper presents the …
Persistent link: https://www.econbiz.de/10014353032
Digital payments are growing rapidly, and the use of cash seems to be declining, at least in advanced economies in … Europe and the U.S. However, the literature on payment systems provides an interesting perspective- cash, or currency, when … are also significant across a group of heterogeneous countries. Interest rates are found to affect the demand for cash …
Persistent link: https://www.econbiz.de/10014424236