European payment systems and monetary union
AbstractWe make a comparative study of payment systems for E.U. fifteen countries for the 1996-2002 period. Special attention is paid to the introduction of the new European single currency. The overall trend in payments is for a move from cash to non-cash payment instruments, although electronic instruments are not widely used yet. We find a significant impact from the introduction of the new banknotes and coins on card use.
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Bibliographic InfoArticle provided by Capco Institute in its journal Journal of Financial Transformation.
Volume (Year): 12 (2004)
Issue (Month): ()
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Payment Systems; European Union; Monetary Union; Cash; Cards;
Find related papers by JEL classification:
- E41 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Demand for Money
- E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
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- Francisco J. Callado-Mu�oz & Jana Hromcov� & Natalia Utrero-Gonz�lez, 2012.
"Transformation of payment systems: the case of European Union enlargement,"
Applied Economics Letters,
Taylor & Francis Journals, vol. 19(18), pages 1787-1791, December.
- Francisco José Callado Muñoz & Jana Hromcová & Natalia Utrero González, 2011. "Transformation of payment systems: The case of European Union enlargement," Working Papers. Serie AD 2011-23, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
- Francisco Callado & Jana Hromcová & Natalia Utrero, 2012. "Openness and Technology Diffusion in Payment Systems: The Case of NAFTA," Working Papers wpdea1206, Department of Applied Economics at Universitat Autonoma of Barcelona.
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