by Summary:
On VoxEU, Clemens Jobst and Helmut Stix argue that … cash balances for transactions comprise only a modest share of overall cash demand (a rough estimate of 15% might be a good guess across richer economies). … changes in currency in circulation are dominated by motives like hoarding. While transaction demand is reasonably well researched … still too little is known about non-transaction demand in general, and recent increases in particular.
Topics:
Dirk Niepelt considers the following as important: Cash, Money, Money demand, Notes
This could be interesting, too:
On VoxEU, Clemens Jobst and Helmut Stix argue that … cash balances for transactions comprise only a modest share of overall cash demand (a rough estimate of 15% might be a good guess across richer economies). … changes in currency in circulation are dominated by motives like hoarding. While transaction demand is reasonably well researched … still too little is known about non-transaction demand in general, and recent increases in particular.
Topics:
Dirk Niepelt considers the following as important: Cash, Money, Money demand, Notes
This could be interesting, too:
Keith Weiner writes The Anti-Concepts of Money: Conclusion
Dirk Niepelt writes SNB Annual Report
Dirk Niepelt writes Banks and Privacy, U.S. vs Canada
Dirk Niepelt writes Bank of England CBDC Academic Advisory Group
On VoxEU, Clemens Jobst and Helmut Stix argue that
… cash balances for transactions comprise only a modest share of overall cash demand (a rough estimate of 15% might be a good guess across richer economies). … changes in currency in circulation are dominated by motives like hoarding. While transaction demand is reasonably well researched … still too little is known about non-transaction demand in general, and recent increases in particular.