U.S. consumers' demand for cash is estimated with new panel micro data for 2008-2010 using econometric methodology … zero, cash demand by consumers using credit cards for convenience (without revolving debt) has the same small negative … interest elasticity as estimated in earlier periods and with broader money measures. However, cash demand by consumers using …

Despite various payment innovations, today, cash is still heavily used to pay for low-value purchases. This paper … proposes a simulation model based on two optimal cash management and payment policies in the payments economics literature to … explain cash usage. First, cash is preferred to other payment instruments whenever consumers have enough balances at hand …

Germans are still very fond of using cash. Of all direct payment transactions, cash accounts for an astounding 82% in … cash remains so important. We propose a two-stage empirical framework which jointly explains credit card ownership and the … use of cash. Our results indicate that the pattern of cash usage is compatible with systematic economic decision making …

We measure consumers' use of cash by harmonizing payment diary surveys from seven countries. The seven diary surveys … United States). Our paper finds cross-country differences – for example, the level of cash usage differs across countries …. Cash has not disappeared as a payment instrument, especially for low-value transactions. We also find that the use of cash …

instrument attributes, and transaction features on the probability of using cash, debit card, or credit card at the point … questionnaire and a three-day shopping diary. We find that cash is still used intensively at low value transactions due to speed …