? What do they imply for the future of cash and digital payments? We assemble a new "Future of Payments" database on retail … countries. We find that card-not-present payments, payment app downloads and the volume of cash in circulation all rose in weeks …

We analyze for the first time cash holdings of private households in all euro area countries from 2002 to 2019 within a … panel cointegration framework. Besides the traditional determinants of cash demand like transactions balances and … opportunity costs, we concentrate on cashless payments media as substitutes to cash payments and the role of the shadow economy …

Do digital payment technologies generate liquidity premia like cash and Treasury? We provide an estimate in the context … of the world's largest digital payment platform, Alipay. Our empirical strategy exploits the variation in the timing of …

, investors show no differences in their level of security concerns with either cash or commercial banking services. We find that …

which the CBDC is a direct cash-like claim on the central bank, but where the private sector handles all customer …

banknotes and take due account of other determinants of cash demand. We find a significant and positive relationship between the … cash demand equation including the shadow economy. …

our problem allowing us to ask how old forms of money such as Gold and Silver hold up in today's world regarding their …