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This paper empirically investigates whether individuals withhold a certain amount of cash for precautionary reasons at the point-of-sale (POS) in order to be able to cover future transactions that might have to be paid for in cash. Such behaviour is costly for consumers because it imposes...
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Payments are a key focus of central banks, as - together with the safe, efficient operation of the payments market … approaches to investigate consumer payments choices, and the results from most models showed that those with higher level of … transactions tend to keep less cash in their wallet, while those who indicated preference for cash payments or higher importance of …
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The transition from the state ownership to market mechanisms in Hungary fundamentally altered the geography of domestic micro, small, and medium enterprises (SMEs). This study investigates the spatial and temporal evolution of owner numbers, using data on all Hungarian SMEs between 1991 and 2019...
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