Central Banking

Economists worldwide find cash still used ‘extensively’

Euro sign, Frankfurt

Cash "has not disappeared" as a payment instrument, and is still used "extensively" in low-value transactions, according to a working paper published by the European Central Bank (ECB) today.

In Consumer cash usage: a cross-country comparison with payment diary survey data, John Bagnall, David Bounie, Kim Huynh, Anneke Kosse, Tobias Schmidt, Scott Schuh and Helmut Stix analyse survey data from Australia, Austria, Canada, France, Germany, the Netherlands and the United States.

The authors find

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.