Falling Use of Cash and Demand for Retail Central Bank Digital Currency /
Cash use in most countries is falling slowly. On the margin, younger adults favor cash substitutes over cash. For older adults it is the reverse. Revealed preference tied to a changing population age structure seems to be the main influence on the demand for cash and why it is falling. Cash use may...
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Format: | Zeitschrift |
Sprache: | English |
Veröffentlicht: |
Washington, D.C. :
International Monetary Fund,
2022.
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Schriftenreihe: | IMF Working Papers; Working Paper ;
No. 2022/027 |
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Online Zugang: | Full text available on IMF |