Heng Chen - Bank Publications - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T13:36:39+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 2017DD0D03EE4E42The Mode is the Message: Using Predata as Exclusion Restrictions to Evaluate Survey Design
https://www.bankofcanada.ca/2017/10/staff-working-paper-2017-43/
Changes in survey mode (e.g., online, offline) may influence the values of survey responses, and may be particularly problematic when comparing repeated cross-sectional surveys.2017-10-10T09:51:56+00:00enThe Mode is the Message: Using Predata as Exclusion Restrictions to Evaluate Survey Design2017-10-10Econometric and statistical methodsStaff Working Paper 2017-43https://www.bankofcanada.ca/wp-content/uploads/2017/10/swp2017-43.pdfThe Mode is the Message: Using Predata as Exclusion Restrictions to Evaluate Survey DesignHeng ChenGeoffrey R. DunbarRallye ShenOctober 2017CC8The Bank of Canada 2015 Retailer Survey on the Cost of Payment Methods: Calibration for Single-Location Retailers
https://www.bankofcanada.ca/2017/03/technical-report-109/
Calibrated weights are created to (a) reduce the nonresponse bias; (b) reduce the coverage error; and (c) make the weighted estimates from the sample consistent with the target population in terms of certain key variables.2017-03-31T06:02:03+00:00enThe Bank of Canada 2015 Retailer Survey on the Cost of Payment Methods: Calibration for Single-Location Retailers2017-03-31Digital currencies and fintechEconometric and statistical methodsTechnical report 109https://www.bankofcanada.ca/wp-content/uploads/2017/03/tr109.pdfThe Bank of Canada 2015 Retailer Survey on the Cost of Payment Methods: Calibration for Single-Location RetailersHeng ChenRallye ShenMarch 2017CC8C81C83The Costs of Point-of-Sale Payments in Canada
https://www.bankofcanada.ca/2017/03/staff-discussion-paper-2017-4/
Using data from our 2014 cost-of-payments survey, we calculate resource costs for cash, debit cards and credit cards. For each payment method, we examine the total cost incurred by consumers, retailers, financial institutions and infrastructures, the Royal Canadian Mint and the Bank of Canada.2017-03-28T12:37:45+00:00enThe Costs of Point-of-Sale Payments in Canada2017-03-28Bank notesDigital currencies and fintechFinancial institutionsPayment clearing and settlement systemsStaff Discussion Paper 2017‐4https://www.bankofcanada.ca/wp-content/uploads/2017/03/sdp2017-4.pdfThe Costs of Point-of-Sale Payments in CanadaAnneke KosseHeng ChenMarie-Hélène FeltValéry Dongmo JiongoKerry NieldAngelika WelteMarch 2017DD1D12D2D23D24EE4E41E42GG2G21LL2