Analysing the Determinants of Cash Demand
October 12, 2020
A new report by H.E. Reimers, F. Schneider and F. Seitz analyses the determinants of cash holdings of private households in the euro area between 2002 and 2019 and aims to shed light on the complex relationship between cash holdings on the one hand and transaction volumes, store of value motives, alternative payment instruments, the size of the shadow economy and crisis-related as well as precautionary demand on the other.
What Makes Cash Such a Resistant King?
Communication Team / Equipo de Comunicación
September 29, 2020
In his latest comprehensive study, former Bank of Israel Cash Department head, Mordechai Fein, explores and reveals the drivers behind people’s continuing, resolute use of cash, despite the global context of rapidly developing electronic payments.