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...

Повний опис

Бібліографічні деталі
Автор: Khiaonarong, Tanai
Інші автори: Humphrey, David
Формат: Журнал
Мова:English
Опубліковано: Washington, D.C. : International Monetary Fund, 2022.
Серія:IMF Working Papers; Working Paper ; No. 2022/027
Предмети:
Онлайн доступ:Full text available on IMF