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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Dettagli Bibliografici
Autore principale: Khiaonarong, Tanai
Altri autori: Humphrey, David
Natura: Periodico
Lingua:English
Pubblicazione: Washington, D.C. : International Monetary Fund, 2022.
Serie:IMF Working Papers; Working Paper ; No. 2022/027
Soggetti:
Accesso online:Full text available on IMF