Arbeitspapier
Consumer cash usage: A cross-country comparison with payment diary survey data
We measure consumers' use of cash by harmonizing payment diary surveys from seven countries. The seven diary surveys were conducted in 2009 (Canada), 2010 (Australia), 2011 (Austria, France, Germany, and the Netherlands), and 2012 (the United States). Our paper finds cross-country differences - for example, the level of cash use differs across countries. Cash has not disappeared as a payment instrument, especially for low-value transactions. We also find that the use of cash is strongly correlated with transaction size, demographics, and point-of-sale characteristics such as merchant card acceptance and venue.
- Sprache
-
Englisch
- Erschienen in
-
Series: Working Papers ; No. 14-4
- Klassifikation
-
Wirtschaft
Consumer Economics: Empirical Analysis
Household Saving; Personal Finance
Demand for Money
- Thema
-
money demand
payment systems
harmonization
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Bagnall, John
Bounie, David
Huynh, Kim P.
Kosse, Anneke
Schmidt, Tobias
Schuh, Scott
Stix, Helmut
- Ereignis
-
Veröffentlichung
- (wer)
-
Federal Reserve Bank of Boston
- (wo)
-
Boston, MA
- (wann)
-
2014
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:43 MEZ
Datenpartner
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Objekttyp
- Arbeitspapier
Beteiligte
- Bagnall, John
- Bounie, David
- Huynh, Kim P.
- Kosse, Anneke
- Schmidt, Tobias
- Schuh, Scott
- Stix, Helmut
- Federal Reserve Bank of Boston
Entstanden
- 2014