demand of new margin and clearing practices and regulations. We decompose collateral demand for both customers and dealers … impact on collateral demand of more widespread initial margin requirements, increased novation of CDS to central clearing … parties (CCPs), an increase in the number of clearing members, the proliferation of CCPs of both specialized and non …

riders have the option to use cash or credit cards to pay for rides. We use three field experiments involving approximately … 400,000 riders to estimate the loss of private benefits for riders if a ban on cash payments is implemented. We find that … Uber riders, using cash as means of payment either sometimes or exclusively, suffer an average loss of approximately 50% of …

currencies has the potential to improve central banks' payment and clearing operations, and possibly to serve as a platform from …

nonbank credit, and aspects of the operation of bank clearing mechanisms. What to make of these threats from a public policy …

indicate that transactions are more likely to occur on cash in advance or letter of credit terms when the importer is located … likely to occur on terms that require prepayment. During the recent crisis, the exporter was more likely to demand cash in … advance terms when transacting with new customers, and customers that traded on cash in advance terms prior to the crisis …