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Cash use in most countries is falling slowly. On the margin, younger adults favor cash substitutes over cash. For older … the demand for cash and why it is falling. Cash use may continue to fall, and card use (the main cash substitute) may fall …
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drowning in cash—and it’s making us poorer and less safe. In The Curse of Cash, acclaimed economist Kenneth Rogoff explores the … conventional economic wisdom, paper money surprisingly lies at the heart of some of the world’s most difficult problems.Cash is …
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To broaden the scope of monetary policy, cash abolishment is often suggested as a means of breaking through the zero … interest rates on cash holdings. They gauge the welfare effects of abolishing cash, both, for the euro area and for Germany … implemented in the current low interest rate environment. Imposing a negative interest rate of 3 percentage points on cash …
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