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-frequency data on cash withdrawals and debit card transactions from Interac Corp. and Canada's Automated Clearing Settlement System …. We construct daily measures of payment habits reflecting cash usage, average transaction values, and the share of … for cash withdrawals and point-of-sale purchases and making fewer transactions for higher amounts. They also made smaller …
Persistent link: https://www.econbiz.de/10012616934
? 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 …
Persistent link: https://www.econbiz.de/10013536195
, natural disasters) and their effects on the demand for cash in an international context. It becomes evident that over the past … 30 years cash demand always increased in times of crises, independent of the nature of the crisis itself.However, the …
Persistent link: https://www.econbiz.de/10012692738
This paper discusses the impact that a retail central bank digital currency (CBDC) could have on the implementation of monetary policy. Monetary policy implementation could be affected if the introduction of the retail CBDC changes the volume of commercial bank deposits held by customers, which...
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. In this paper, we considerthe practical feasibility of recent proposals for decoupling cash from electronic money … toachieve a negative yield on cash which would remove the lower bound constraint onmonetary policy. We discuss how central banks …
Persistent link: https://www.econbiz.de/10012910358