IDEAS home Printed from https://ideas.repec.org/a/alp/revaef/11-06.html
   My bibliography  Save this article

Impacto de la pandemia de COVID-19 sobre la demanda de efectivo en el Perú

Author

Listed:
  • Javier Pereda Cachay

Abstract

En el presente artículo se analiza el impacto de la pandemia del Covid-19 en la demanda de efectivo en la economía peruana y sus posibles causas. Se analiza la evolución del efectivo en circulación durante la pandemia y se observa un crecimiento sustancial, mayor a la tendencia registrada en años anteriores, no obstante la contracción económica registrada en el 2020 y el temor al uso del efectivo por las medidas sanitarias existentes. Se concluye que el crecimiento del efectivo en circulación estaría relacionado a la mayor demanda precautoria por las restricciones de operación de los intermediarios financieros, y por la inyección de efectivo realizado por el gobierno a través de los programas de ayuda a través de bonos a las personas más necesitadas (mayormente no bancarizadas) y por el congreso a través de medidas de liberación de depósitos de CTS y AFP.

Suggested Citation

  • Javier Pereda Cachay, 2023. "Impacto de la pandemia de COVID-19 sobre la demanda de efectivo en el Perú," Revista de Análisis Económico y Financiero, Universidad de San Martín de Porres, vol. 6(02), pages 45-50.
  • Handle: RePEc:alp:revaef:11-06
    as

    Download full text from publisher

    File URL: https://contabilidadyeconomiausmp.edu.pe/OJS2020/index.php/RAEF/article/view/73
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. Caswell, Ellen & Hewkin Smith, Miranda & Learmonth, David & Pearce, Gareth, 2020. "Cash in the time of Covid," Bank of England Quarterly Bulletin, Bank of England, vol. 60(4), pages 2-2.
    2. Ramírez, Juan & Vásquez, José & Pereda, Javier, 2015. "Determinants of the Demand for Cash in Peru: A Non Linear Approach," Working Papers 2015-006, Banco Central de Reserva del Perú.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jonker, Nicole & van der Cruijsen, Carin & Bijlsma, Michiel & Bolt, Wilko, 2022. "Pandemic payment patterns," Journal of Banking & Finance, Elsevier, vol. 143(C).
    2. Jeremy Srouji & Dominique Torre, 2022. "The Global Pandemic, Laboratory of the Cashless Economy?," IJFS, MDPI, vol. 10(4), pages 1-13, November.
    3. Brian Micallef & Tiziana Gauci, "undated". "Excess demand for banknotes in Malta," CBM Policy Papers PP/02/2022, Central Bank of Malta.
    4. Tim Congdon, 2023. "If ‘money matters’, what about the monetary base?," Economic Affairs, Wiley Blackwell, vol. 43(2), pages 185-200, June.
    5. Rösl, Gerhard & Seitz, Franz, 2021. "Cash and crises: No surprises by the virus," IMFS Working Paper Series 150, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS).
    6. Ashworth, Jonathan & Goodhart, C. A. E., 2021. "The great Covid cash surge - digitalisation hasn't dented cash's safe haven role," LSE Research Online Documents on Economics 112432, London School of Economics and Political Science, LSE Library.
    7. Yulia Titova & Delia Cornea & Sébastien Lemeunier, 2021. "What Factors Keep Cash Alive in the European Union?," De Economist, Springer, vol. 169(3), pages 291-317, August.
    8. Agnieszka Huterska & Anna Iwona Piotrowska & Joanna Szalacha-Jarmużek, 2021. "Fear of the COVID-19 Pandemic and Social Distancing as Factors Determining the Change in Consumer Payment Behavior at Retail and Service Outlets," Energies, MDPI, vol. 14(14), pages 1-18, July.
    9. Dominik Höpperger & Codruta Rusu, 2022. "Payment behavior in Austria during the COVID-19 pandemic," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue Q4/21, pages 85-104.
    10. Emilio Espino & Julian Kozlowski & Fernando M. Martin & Juan M. Sanchez, 2022. "Policy Rules and Large Crises in Emerging Markets," Working Papers 2022-018, Federal Reserve Bank of St. Louis, revised 14 Oct 2023.
    11. Anna Iwańczuk-Kaliska & Mirosława Kaczmarek & Grzegorz Kotliński, 2023. "Non-cash retail payments in selected banks during the COVID-19 pandemic – the case of Poland," Bank i Kredyt, Narodowy Bank Polski, vol. 54(3), pages 309-334.
    12. Dmitry V. Boguslavsky & Natalia P. Sharova & Konstantin S. Sharov, 2021. "Cryptocurrency as Epidemiologically Safe Means of Transactions: Diminishing Risk of SARS-CoV-2 Spread," Mathematics, MDPI, vol. 9(24), pages 1-19, December.
    13. Kotkowski, Radoslaw, 2023. "National culture and the demand for physical money during the first year of the COVID-19 pandemic," Finance Research Letters, Elsevier, vol. 51(C).

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:alp:revaef:11-06. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Renzo Vidal C. (email available below). General contact details of provider: https://edirc.repec.org/data/fesmppe.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.