The results of our 2017 Bitcoin Omnibus Survey (December 12 to 15, 2017) when compared with those from 2016 show that Bitcoin “awareness” increased from 64 to 85 per cent, while ownership increased from 2.9 to 5.0 per cent. Most Bitcoin purchasers are using the cryptocurrency as an investment and not as a means of payment for goods or services.
We propose a functional principal components method that accounts for stratified random sample weighting and time dependence in the observations to understand the evolution of distributions of monthly micro-level consumer prices for the United Kingdom (UK).
Recent data show that the use of credit cards in Canada has been increasing, while the use of cash has been declining. At the same time, only two-thirds of small or medium-sized businesses accept credit cards.
There has been tremendous discussion of Bitcoin, digital currencies and FinTech. However, there is limited empirical evidence of Bitcoin’s adoption and usage. We propose a methodology to collect a nationally representative sample using the Bitcoin Omnibus Survey (BTCOS) to track the ubiquity and usage of Bitcoin in Canada.
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.
“Bitcoin Awareness and Usage in Canada” (with Christopher S. Henry and Gradon Nicholls), Journal of Digital Banking, vol. 2(4), Spring 2018, pages 311-337.
“Internally-Corrected Conditional Density Estimation: With An Application to Implied-Volatility,” (with David T. Jacho–Chavez) in Journal of Quantitative Economics, Vol. 7, no. 2, pp. 20-40. 2009.
“Average derivative estimation with missing responses,” (with Bravo, Francesco and David T. Jacho- Chavez) in Chapter 5, p. 131–156 of Advances in Econometrics: Missing Data, Volume 27A, 2011, edited by David Drukker. Emerald Group Publishing.
“A Nonparametric Quantile Analysis of Growth and Governance,” (David T. Jacho- Chavez) in Chapter 6, p. 193–221 of Advances in Econometrics: Nonparametric Econometric Methods, Volume 25, 2009, edited by Jeffrey S. Racine and Qi Li. Emerald Group Publishing.
