The benefits of cash

Tipo: Libro eléctronico / E-book

Páginas / Pages: 104

Idioma / Language: Inglés

Resumen / Summary:

Autor / Author: Malte Krueger, Franz Seitz
Editorial / Publisher: Fritz Knapp Verlag
Entrega / Delivery : Nacional / International
Envio desde / Ships from: Colombia
Condición / Condition: Nuevo / New

Preface

1 Introduction and overview

2 Benefits of cash: an overview of the literature

3 Some general remarks

4 Macroeconomic benefits
4.1 Implications for monetary policy
4.2 Role of cash in financial crises
4.3 Consequences for a two-stage banking system (A bank is where the money is)
4.4 Special role of foreign holdings
4.5 Seigniorage

5 Microeconomic benefits
5.1 Payment behaviour, risk and technology
5.1.1 The problem
5.1.2 Data and definition of variables
5.1.3 Results
5.1.4 Interpretation and classification of the results
5.2 Overview and control of spending
5.3 Lower income groups and cash (payments inclusion)
5.4 Data protection and privacy
5.5 A potential electronic substitute for cash

6 Societal benefit
6.1 Fall-back solution for cashless payments
6.2 Independence of foreign card providers
6.3 Benchmark for card fees
6.4 Alternative to a narrow oligopoly
6.5 Welfare aspects of cash

7 Criticism of cash
7.1 The shadow economy argument
7.2 The monetary policy argument
7.3 The speed argument and security aspects
7.4 Search for efficient prices
7.5 Possible disruptions to the cash supply

8 Summary, conclusions

References

Annex