The demand for cash: stylized facts and substitution by electronic means of payment

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cepal.articleNo6
cepal.bibLevelSección o Parte de un Documento
cepal.callNumberLC/PUB.2022/3-P
cepal.docTypeRevistas
cepal.jelCodeE41
cepal.jelCodeE42
cepal.jelCodeE5
cepal.jobNumberRVI135_Cabezas
cepal.physicalDescriptiondiagramas., gráficos., tablas.
cepal.regionalOfficeSantiago
cepal.sdg9
cepal.topicEngFINANCIAL AND MONETARY SECTOR
cepal.topicEngINFORMATION AND COMMUNICATIONS TECHNOLOGIES (ICTS)
cepal.topicSpaSECTOR FINANCIERO Y MONETARIO
cepal.topicSpaTECNOLOGÍAS DE LA INFORMACIÓN Y LAS COMUNICACIONES (TIC)
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaSpaDESARROLLO ECONÓMICO
dc.contributor.authorCabezas, Luis
dc.contributor.authorJara, Alejandro
dc.date.accessioned2022-03-28T14:07:34Z
dc.date.available2022-03-28T14:07:34Z
dc.date.issued2021-12
dc.description.abstractThis article analyses the impact of the increasing use of electronic means of payment on the demand for cash (banknotes and coins). It estimates two models: one with panel data and the other with cross-sectional data. The two methodologies offer complementary views for evaluating the degree to which electronic means of payment act as a determinant of currency in circulation. The study identifies an intense substitution process between cash and electronic means of payment, which is common to most of the economies analysed. However, there are also a number of idiosyncratic factors that explain the high degree of heterogeneity in the demand for cash that exists between countries. In emerging economies, electronic payment is still incipient, so the demand for cash is likely to continue to decline. However, this does not mean that these economies will become “cashless societies” in the near future.
dc.formatTexto
dc.format.extentpáginas. 119-14
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/PUB.2022/3-P
dc.identifier.urihttps://hdl.handle.net/11362/47820
dc.language.isoeng
dc.physicalDescriptionp. 119-145: diagrs., gráfs., tabls.
dc.relation.isPartOfCEPAL Review
dc.relation.isPartOfSeriesCEPAL Review
dc.relation.isPartOfSeriesNo135
dc.relation.translationLanguagespa
dc.relation.translationRecordDemanda de dinero en efectivo: hechos estilizados y sustitución por medios de pago electrónicos
dc.relation.translationUrihttps://hdl.handle.net/11362/47708
dc.rights.coarDisponible
dc.subject.unbisEngMONEY
dc.subject.unbisEngSUPPLY AND DEMAND
dc.subject.unbisEngMONEY SUPPLY
dc.subject.unbisEngELECTRONIC FUNDS TRANSFER
dc.subject.unbisEngELECTRONIC COMMERCE
dc.subject.unbisEngINTERNET
dc.subject.unbisEngINFORMATION TECHNOLOGY
dc.subject.unbisEngCOMMUNICATION TECHNOLOGY
dc.subject.unbisSpaDINERO
dc.subject.unbisSpaOFERTA Y DEMANDA
dc.subject.unbisSpaDISPONIBILIDADES MONETARIAS
dc.subject.unbisSpaTRANSFERENCIA ELECTRONICA DE FONDOS
dc.subject.unbisSpaCOMERCIO ELECTRONICO
dc.subject.unbisSpaINTERNET
dc.subject.unbisSpaTECNOLOGIA DE LA INFORMACION
dc.subject.unbisSpaTECNOLOGIA DE LAS COMUNICACIONES
dc.titleThe demand for cash: stylized facts and substitution by electronic means of payment
dc.type.coarartículo
dc.usergroupbiblioteca
dspace.entity.typePublication
relation.isAuthorOfPublication418b39ce-f235-4976-9953-27712a8078b0
relation.isAuthorOfPublication7af7a711-e03b-439a-8e5c-8cc6319ecdee
relation.isAuthorOfPublication.latestForDiscovery418b39ce-f235-4976-9953-27712a8078b0
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