Less-Cash or More-Cash? Determinants and Trends of Currency in Circulation in a Panel of 17 Economies
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Keywords
Currency in circulation; Monetary demand; Panel data; Fixed-effects regression; Interest rates; tax revenue;All these keywords.
JEL classification:
- E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
- E41 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Demand for Money
- E50 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - General
- E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
NEP fields
This paper has been announced in the following NEP Reports:- NEP-BAN-2023-10-30 (Banking)
- NEP-CBA-2023-10-30 (Central Banking)
- NEP-FDG-2023-10-30 (Financial Development and Growth)
- NEP-IFN-2023-10-30 (International Finance)
- NEP-MON-2023-10-30 (Monetary Economics)
- NEP-PAY-2023-10-30 (Payment Systems and Financial Technology)
- NEP-TRA-2023-10-30 (Transition Economics)
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