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OverviewDeals with the various aspects of the demand for and use of currency and its role in a world of changing payment patterns. A comprehensive introductory survey outlines the evolution of the relevant money demand theory in the last four decades and the empirical findings. The theories are tested and analyzed for the Netherlands, using specially designed surveys, paying particular attention to the influence of cash dispensers and plastic money, providing new measurement methodology. The demand for currency and its components is also analyzed on a multinational level for 15 countries, using data sets on payment systems obtained from the central banks and from a variety of publications. Thus the book is a source of information for all those involved in the use of banknotes and coins, cash dispensers and alternative payments media, such as cheques, credit cards and point-of-sale terminals. Full Product DetailsAuthor: W.C. BoeschotenPublisher: Springer Imprint: Springer Edition: 1992 ed. Volume: 23 Weight: 0.595kg ISBN: 9780792317104ISBN 10: 0792317106 Pages: 230 Publication Date: 31 July 1992 Audience: College/higher education , Professional and scholarly , Postgraduate, Research & Scholarly , Professional & Vocational Format: Hardback Publisher's Status: Active Availability: Out of stock  The supplier is temporarily out of stock of this item. It will be ordered for you on backorder and shipped when it becomes available. Table of Contents1 Theory and Empirical Evidence.- 1.1 Introduction.- 1.2 Macro-economic theory.- 1.3 Micro-economic theory.- 1.4 Empirical evidence from earlier studies.- 1.5 The demand for currency in the Netherlands 1955–1990.- 1.6 Conclusions.- 2 The Use of Money in a Micro-Economic Perspective.- 2.1 Introduction.- 2.2 The cash management of households.- 2.3 Manner of payment and use of currency.- 2.4 Conclusions.- 3 The Hoarding of Currency in the Netherlands.- 3.1 Introduction.- 3.2 Hoarding in a economic-theoretical setting.- 3.3 Estimation of hoarding.- 3.4 Cross-sectional evidence on the Fl. 1,000 note.- 3.5 Empirical implications for the demand for currency.- 3.6 Conclusions.- 4 Demand for Currency in an International Perspective.- 4.1 Introduction.- 4.2 Demand for currency by the public.- 4.3 Cash holdings of banks.- 4.4 The importance of hoarding.- 4.5 Share of coin in currency circulation.- 4.6 Number of notes and denominational structure.- 4.7 Conclusions.- 5 Epilogue.- 5.1 Summary.- 5.2 Conclusions.- Annex.- I Total payments, cash payments, velocity of currency circulation and economic key variables in a number of countries.- II Money, payments, transactions and economic key variables in the Netherlands 1955–1990.- III Composition of consumer expenditures in the Netherlands 1987.- IV Average note life and return rate by denomination in the Netherlands 1955–1990.- V Tabular summary of survey-estimation of sector demand for Fl. 1,000 notes.- VI Importance of ATMs, POS and credit cards in fifteen countries 1978–1989.- References.ReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |
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