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.
Volume (Year): (2007)
Issue (Month): Q II ()
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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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