Felt, Marie-Hélène - 2020 - Last updated: December 23, 2020
I investigate the impact of contactless credit cards (CTCs) on cash use in Canada, using panel data between 2010 and … 2017. I show that ignoring unobserved heterogeneity would lead to overstating the impact of CTCs on cash usage in a linear … intensive margins of cash usage. I use a two-part model, with an exclusion restriction for better identification, to model both …
