Coronavirus panic fuels a surge in cash demand
Goodhart, C. A. E. & Ashworth, J.
(2020).
Coronavirus panic fuels a surge in cash demand.
Central Banking,
Not a week seems to pass without a media story on the ongoing demise of cash amid the rapid technological advances in payment systems that are supposedly making it obsolete. Many observers cite Sweden, where the share of cash in payment transactions and in GDP has fallen precipitously, as a template for where other countries are heading.
| Item Type | Article |
|---|---|
| Copyright holders | © 2020 The Authors |
| Departments | LSE > Research Centres > Financial Markets Group |
| Date Deposited | 06 Jul 2020 |
| URI | https://researchonline.lse.ac.uk/id/eprint/105312 |