D03 - Behavioral Economics; Underlying Principles - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T21:23:19+00:00Cash Versus Card: Payment Discontinuities and the Burden of Holding Coins
https://www.bankofcanada.ca/2017/11/staff-working-paper-2017-47/
Cash is the preferred method of payment for small value transactions generally less than $25. We provide insight to this finding with a new theoretical model that characterizes and compares consumers’ costs of paying with cash to paying with cards for each transaction.2017-11-20T10:06:01+00:00enCash Versus Card: Payment Discontinuities and the Burden of Holding Coins2017-11-20Bank notesEconometric and statistical methodsStaff Working Paper 2017-47https://www.bankofcanada.ca/wp-content/uploads/2017/11/swp2017-47.pdfCash Versus Card: Payment Discontinuities and the Burden of Holding CoinsHeng ChenKim HuynhOz ShyNovember 2017DD0D03EE4E42Macroeconomic Experiences and Risk Taking of Euro Area Households
https://www.bankofcanada.ca/2014/03/working-paper-2014-10/
This paper studies to what extent the experiences of households shape their willingness to take financial risks. It follows the methodology of Malmendier and Nagel (2011) and applies it to a novel data set on household finances covering euro area households.2014-03-12T12:00:33+00:00enMacroeconomic Experiences and Risk Taking of Euro Area Households2014-03-12Sectoral balance sheetwp2014-10https://www.bankofcanada.ca/wp-content/uploads/2014/03/wp2014-10.pdfMiguel AmpudiaMichael EhrmannMarch 2014DD0D03D1D14D8D83GG1G11