Against the tide—currency use among Latin American immigrants in Chicago
While the U.S. continues to transition away from cash toward electronic payment methods, some population segments continue to rely heavily on cash. In this study of foreign-born Latin Americans in Chicago, the authors find that the dramatic increase in the number of immigrants is supporting a growing demand for currency, notably in the $100 denomination.
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Volume (Year): (2007)
Issue (Month): Q II ()
Pages: 2-21
| Handle: | RePEc:fip:fedhep:y:2007:i:qii:p:2-21:n:v.31no.2 |
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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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"The Demand for Currency Relative to Total Money Supply,"
NBER Chapters,in: The Demand for Currency Relative to Total Money Supply, pages 1-37
National Bureau of Economic Research, Inc.
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- Anna Paulson & Audrey Singer & Robin Newberger & Jeremy Smith, . "Financial access for immigrants: lessons from diverse perspectives," Monograph, Federal Reserve Bank of Chicago, number 2006faflfd.
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- Casey B. Mulligan & Xavier Sala-i-Martin, 2000. "Extensive Margins and the Demand for Money at Low Interest Rates," Journal of Political Economy, University of Chicago Press, vol. 108(5), pages 961-991, October.
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