Hasniawati, Nur Annisa; Lase, Eva R.; Hutabarat, Akhis R. - In: Journal of Central Banking Theory and Practice 9 (2020) S1, pp. 291-313
We examine the preferences of respondents for six types of payment instruments, namely cash, debit and credit cards, card and server-based electronic money, and internet or mobile banking. By applying a nested logit model to 500 household data covering six provincial capitals in Indonesia, we...