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Financial innovation, payment choice and cash demand : causal evidence from the staggered Introduction of contactless debit cards

Brown, Martin; Hentschel, Nicole; Mettler, Hannes; … - 2020 - This draft: April 20, 2020

We examine how an innovation in payment technology impacts on consumer payment choice and cash demand. We study the … reduction in the cash share of payments and no reduction of average cash demand. Treatment effects on payment choice are … strongest among consumers with an intermediate pre-treatment use of cash. Explorative analyses reveal that effects are largely …

Persistent link: https://www.econbiz.de/10012239874

Who is paying all these fees? : an empirical analysis of bank account and credit card fees

Shy, Oz; Stavins, Joanna - 2022 - This version: August 2022

accounts or pay late fees or cash-advance fees on their credit cards is higher than the percentage of White consumers who pay …

Persistent link: https://www.econbiz.de/10013465395

Sticking to Your Plan : Empirical Evidence on the Role of Present Bias for Credit Card Paydown

Kuchler, Theresa - 2015

I use data from an online financial service to show that many consumers fail to stick to their self-set debt paydown plans, and argue that this behavior is best explained by present bias. Each user's sensitivity of consumption spending to paycheck receipt proxies for his short-run impatience. I...

Persistent link: https://www.econbiz.de/10013019581

Financial innovation, payment choice and cash demand : causal evidence from the staggered introduction of contactless debit cards

Brown, Martin; Hentschel, Nicole; Mettler, Hannes; … - 2020 - This draft: April 20, 2020

Persistent link: https://www.econbiz.de/10012243282

Who Gains and Who Loses from Credit Card Payments? Theory and Calibrations

Schuh, Scott - 2010

Merchant fees and reward programs generate an implicit monetary transfer to credit card users from non-card (or "cash … average, each cash-using household pays $149 to card-using households and each card-using household receives $1,133 from cash …

Persistent link: https://www.econbiz.de/10013139683