Towards a cashless economy: Economic and socio-political implications
Author
Abstract
Suggested Citation
DOI: 10.1016/j.ejpoleco.2019.101820
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Rolnick, Arthur J & Weber, Warren E, 1986.
"Gresham's Law or Gresham's Fallacy?,"
Journal of Political Economy, University of Chicago Press, vol. 94(1), pages 185-199, February.
- Arthur J. Rolnick & Warren E. Weber, 1986. "Gresham's law or Gresham's fallacy?," Quarterly Review, Federal Reserve Bank of Minneapolis, vol. 10(Win), pages 17-24.
- Arthur J. Rolnick & Warren E. Weber, 1983. "Gresham's law or Gresham's fallacy?," Staff Report 88, Federal Reserve Bank of Minneapolis.
- Friedrich Schneider (ed.), 2008. "The Economics of the Hidden Economy," Books, Edward Elgar Publishing, volume 0, number 3074, March.
- Jean-Michel Grandmont & Yves Younes, 1973.
"On the Efficiency of a Monetary Equilibrium,"
The Review of Economic Studies, Review of Economic Studies Ltd, vol. 40(2), pages 149-165.
- GRANDMONT, Jean-Michel & YOUNES, Yves, 1973. "On the efficiency of a monetary equilibrium," LIDAM Reprints CORE 135, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Özbilgin, Murat H., 2012. "Currency substitution, inflation, and welfare," Journal of Development Economics, Elsevier, vol. 99(2), pages 358-369.
- Paul A. Samuelson, 1958. "An Exact Consumption-Loan Model of Interest with or without the Social Contrivance of Money," Journal of Political Economy, University of Chicago Press, vol. 66(6), pages 467-467.
- Jiing-Lih Farh & Anne S. Tsui & Katherine Xin & Bor-Shiuan Cheng, 1998. "The Influence of Relational Demography and Guanxi: The Chinese Case," Organization Science, INFORMS, vol. 9(4), pages 471-488, August.
- Kiyotaki, Nobuhiro & Wright, Randall, 1989. "On Money as a Medium of Exchange," Journal of Political Economy, University of Chicago Press, vol. 97(4), pages 927-954, August.
- Pradeep Dubey & John Geanakoplos, 2003. "Inside and outside fiat money, gains to trade, and IS-LM," Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 21(2), pages 347-397, March.
- Alvin E. Roth, 2007.
"Repugnance as a Constraint on Markets,"
Journal of Economic Perspectives, American Economic Association, vol. 21(3), pages 37-58, Summer.
- Alvin E. Roth, 2006. "Repugnance as a Constraint on Markets," NBER Working Papers 12702, National Bureau of Economic Research, Inc.
- Roth, Alvin, 2007. "Repugnance as a Constraint on Markets," Scholarly Articles 2624677, Harvard University Department of Economics.
- Alvin E. Roth, 2006. "Repugnance as a Constraint on Markets," Levine's Bibliography 321307000000000629, UCLA Department of Economics.
- Feige, Edgar L., 1990.
"Defining and estimating underground and informal economies: The new institutional economics approach,"
World Development, Elsevier, vol. 18(7), pages 989-1002, July.
- Edgar L. Feige, 2003. "Defining And Estimating Underground And Informal Economies: The New Institional Economics Approach," Development and Comp Systems 0312003, University Library of Munich, Germany.
- repec:eee:labchp:v:1:y:1986:i:c:p:273-304 is not listed on IDEAS
- Cohen, Nissim, 2012. "Informal payments for health care – the phenomenon and its context," Health Economics, Policy and Law, Cambridge University Press, vol. 7(3), pages 285-308, July.
- Jean-Michel Grandmont & Yves Younes, 1972. "On the Role of Money and the Existence of a Monetary Equilibrium," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 39(3), pages 355-372.
- Wallace, Neil, 2001. "Whither Monetary Economics?," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 42(4), pages 847-869, November.
- Kenneth Burdett & Ricardo Lagos & Randall Wright, 2004.
"An On-The-Job Search Model Of Crime, Inequality, And Unemployment,"
International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 45(3), pages 681-706, August.
- Kenneth Burdett & Ricardo Lagos & Randall Wright, 2003. "An On-the-Job Search Model of Crime, Inequality, and Unemployment," PIER Working Paper Archive 03-030, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
- Matthew O. Jackson & Tomas Rodriguez-Barraquer & Xu Tan, 2012. "Social Capital and Social Quilts: Network Patterns of Favor Exchange," American Economic Review, American Economic Association, vol. 102(5), pages 1857-1897, August.
- Smith, Adam, 1776. "An Inquiry into the Nature and Causes of the Wealth of Nations," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, number smith1776.
- Kenneth Rogoff, 2015.
"Costs and Benefits to Phasing out Paper Currency,"
NBER Macroeconomics Annual, University of Chicago Press, vol. 29(1), pages 445-456.
- Kenneth Rogoff, 2014. "Costs and Benefits to Phasing out Paper Currency," NBER Chapters, in: NBER Macroeconomics Annual 2014, Volume 29, pages 445-456, National Bureau of Economic Research, Inc.
- Kenneth S. Rogoff, "undated". "Costs and Benefits to Phasing Out Paper Currency," Working Paper 168026, Harvard University OpenScholar.
- Rogoff, Kenneth S., 2014. "Costs and Benefits to Phasing Out Paper Currency," Scholarly Articles 12491029, Harvard University Department of Economics.
- Kenneth S. Rogoff, 2014. "Costs and Benefits to Phasing Out Paper Currency," NBER Working Papers 20126, National Bureau of Economic Research, Inc.
- Pradeep Dubey & John Geanakoplos, 2006.
"Money and production, and liquidity trap,"
International Journal of Economic Theory, The International Society for Economic Theory, vol. 2(3‐4), pages 295-317, September.
- Pradeep Dubey & John Geanakoplos, 2006. "Money and Production, and Liquidity Trap," Levine's Bibliography 321307000000000261, UCLA Department of Economics.
- Pradeep Dubey & John Geanakoplos, 2006. "Money and Production, and Liquidity Trap," Cowles Foundation Discussion Papers 1574, Cowles Foundation for Research in Economics, Yale University.
- Pradeep Dubey & John Geanakoplos, 2006. "Money and Production, and Liquidity Trap," Department of Economics Working Papers 06-03, Stony Brook University, Department of Economics.
- Gandal, Neil & Hamrick, JT & Moore, Tyler & Oberman, Tali, 2018.
"Price manipulation in the Bitcoin ecosystem,"
Journal of Monetary Economics, Elsevier, vol. 95(C), pages 86-96.
- Gandal, Neil & Oberman, Tali & Moore, Tyler & Hamrick, JT, 2017. "Price Manipulation in the Bitcoin Ecosystem," CEPR Discussion Papers 12061, C.E.P.R. Discussion Papers.
- Araujo, Luis & Camargo, Braz, 2015. "Limited monitoring and the essentiality of money," Journal of Mathematical Economics, Elsevier, vol. 58(C), pages 32-37.
- Kocherlakota, Narayana R., 1998.
"Money Is Memory,"
Journal of Economic Theory, Elsevier, vol. 81(2), pages 232-251, August.
- Narayana R. Kocherlakota, 1996. "Money is memory," Staff Report 218, Federal Reserve Bank of Minneapolis.
- Pradeep Dubey & John Geanakoplos & Martin Shubik, 2005.
"Default and Punishment in General Equilibrium,"
Econometrica, Econometric Society, vol. 73(1), pages 1-37, January.
- P. Dubey & J. Geanakoplos & M . Shubik, 2001. "Default and Punishment in General Equilibrium," Department of Economics Working Papers 01-07, Stony Brook University, Department of Economics.
- Pradeep Dubey & John Geanakoplos & Martin Shubik, 2001. "Default and Punishment in General Equilibrium," Cowles Foundation Discussion Papers 1304R5, Cowles Foundation for Research in Economics, Yale University, revised Mar 2004.
- Pradeep Dubey & John Geanakoplos & Martin Shubik, 2001. "Default and Punishment in General Equilibrium," Cowles Foundation Discussion Papers 1304, Cowles Foundation for Research in Economics, Yale University.
- Airaudo, Marco, 2014. "Currency substitution, risk premia and the Taylor principle," Journal of Economic Dynamics and Control, Elsevier, vol. 48(C), pages 202-217.
- Dubey, Pradeep & Shubik, Martin, 1979. "Bankruptcy and optimality in a closed trading mass economy modelled as a non-cooperative game," Journal of Mathematical Economics, Elsevier, vol. 6(2), pages 115-134, July.
- Kenneth Burdett & Ricardo Lagos & Randall Wright, 2003.
"Crime, Inequality, and Unemployment,"
American Economic Review, American Economic Association, vol. 93(5), pages 1764-1777, December.
- Kenneth Burdett & Ricardo Lagos & Randall Wright, 2002. "Crime, Inequality, and Unemployment, Second Version," PIER Working Paper Archive 03-029, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania, revised 01 Sep 2003.
- Engineer, Merwan, 2000. "Currency transactions costs and competing fiat currencies," Journal of International Economics, Elsevier, vol. 52(1), pages 113-136, October.
- Daniel McCarthy & Sheila Puffer & Denise Dunlap & Alfred Jaeger, 2012. "A Stakeholder Approach to the Ethicality of BRIC-firm Managers’ Use of Favors," Journal of Business Ethics, Springer, vol. 109(1), pages 27-38, August.
- Falkingham, Jane, 2004. "Poverty, out-of-pocket payments and access to health care: evidence from Tajikistan," Social Science & Medicine, Elsevier, vol. 58(2), pages 247-258, January.
- Colin C. Williams, 2010. "Beyond the market/non‐market divide: a total social organisation of labour perspective," International Journal of Social Economics, Emerald Group Publishing Limited, vol. 37(6), pages 402-414, May.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Jeremy Srouji, 2020. "Digital Payments, the Cashless Economy, and Financial Inclusion in the United Arab Emirates: Why Is Everyone Still Transacting in Cash?," JRFM, MDPI, vol. 13(11), pages 1-10, October.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Aloisio Araujo & Mario Pascoa & Juan Pablo Torres-Martinez, 2005.
"Bubbles, collateral and monetary equilibrium,"
Textos para discussão
513, Department of Economics PUC-Rio (Brazil).
- Torres-Martínez, Juan Pablo & Araújo, Aloísio Pessoa de & Pascoa, Mario Rui, 2006. "Bubbles, collateral and monetary equilibrium," FGV EPGE Economics Working Papers (Ensaios Economicos da EPGE) 614, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil).
- Aloisio Araujo & Mário R. Páscoa & Juan Pablo Torres-Martínez, 2006. "Bubbles, Collateral and Monetary Equilibrium," Levine's Working Paper Archive 122247000000001055, David K. Levine.
- Philip Arestis & Alexander Mihailov, 2011.
"Classifying Monetary Economics: Fields And Methods From Past To Future,"
Journal of Economic Surveys, Wiley Blackwell, vol. 25(4), pages 769-800, September.
- Philip Arestis & Alexander Mihailov, 2008. "Classifying Monetary Economics: Fields and Methods from Past to Future," Economics Discussion Papers em-dp2008-64, Department of Economics, University of Reading.
- Kiyotaki, Nobuhiro & Lagos, Ricardo & Wright, Randall, 2016. "Introduction to the symposium issue on money and liquidity," Journal of Economic Theory, Elsevier, vol. 164(C), pages 1-9.
- Shouyong Shi, 2006. "A Microfoundation of Monetary Economics," Working Papers tecipa-211, University of Toronto, Department of Economics.
- Wang, Xuan, 2023. "A macro-financial perspective to analyse maturity mismatch and default," Journal of Banking & Finance, Elsevier, vol. 151(C).
- Zhixiu Yu, 2023.
"On the Coexistence of Cryptocurrency and Fiat Money,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 49, pages 147-180, July.
- Zhixiu Yu, 2022. "Code and data files for "On the Coexistence of Cryptocurrency and Fiat Money"," Computer Codes 21-316, Review of Economic Dynamics.
- Shouyong Shi, 2006.
"Viewpoint: A microfoundation of monetary economics,"
Canadian Journal of Economics, Canadian Economics Association, vol. 39(3), pages 643-688, August.
- Shouyong Shi, 2006. "Viewpoint: A microfoundation of monetary economics," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 39(3), pages 643-688, August.
- Céline Rochon & Herakles Polemarchakis, 2006.
"Debt, liquidity and dynamics,"
Economic Theory, Springer;Society for the Advancement of Economic Theory (SAET), vol. 27(1), pages 179-211, January.
- POLEMARCHAKIS, Heracles M. & ROCHON, Céline, 1999. "Debt, liquidity and dynamics," LIDAM Discussion Papers CORE 1999034, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
- Céline Rochon & Heracles M. Polemarchakis, 2000. "Debt, Liquidity and Dynamics," Working Papers hal-00598235, HAL.
- Berentsen, Aleksander & Huber, Samuel & Marchesiani, Alessandro, 2016.
"The societal benefit of a financial transaction tax,"
European Economic Review, Elsevier, vol. 89(C), pages 303-323.
- Aleksander Berentsen & Samuel Huber & Alessandro Marchesiani, 2014. "The societal benefit of a financial transaction tax," ECON - Working Papers 176, Department of Economics - University of Zurich, revised Jul 2016.
- Dubey, Pradeep & Geanakoplos, John, 2003.
"Monetary equilibrium with missing markets,"
Journal of Mathematical Economics, Elsevier, vol. 39(5-6), pages 585-618, July.
- Pradeep Dubey & John Geanakoplos, 2003. "Monetary Equilibrium with Missing Markets," Cowles Foundation Discussion Papers 1389, Cowles Foundation for Research in Economics, Yale University.
- Aruoba, S. Boragan & Waller, Christopher J. & Wright, Randall, 2011.
"Money and capital,"
Journal of Monetary Economics, Elsevier, vol. 58(2), pages 98-116, March.
- S. Boragan Aruoba & Christopher J. Waller, 2005. "Money and Capital," 2005 Meeting Papers 550, Society for Economic Dynamics.
- S. Boragan Aruoba & Christopher J. Waller & Randall Wright, 2007. "Money and capital," Working Papers (Old Series) 0714, Federal Reserve Bank of Cleveland.
- Berentsen, Aleksander & Monnet, Cyril, 2008.
"Monetary policy in a channel system,"
Journal of Monetary Economics, Elsevier, vol. 55(6), pages 1067-1080, September.
- Aleksander Berentsen & Cyril Monet, 2006. "Monetary Policy in a Channel System," IEW - Working Papers 295, Institute for Empirical Research in Economics - University of Zurich.
- Aleksander Berentsen & Cyril Monnet, 2007. "Monetary Policy in a Channel System," CESifo Working Paper Series 1929, CESifo.
- Aleksander Berentsen & Cyril Monnet, 2008. "Monetary policy in a channel system," Working Papers 08-7, Federal Reserve Bank of Philadelphia.
- Janet Hua Jiang & Peter Norman & Daniela Puzzello & Bruno Sultanum & Randall Wright, 2024.
"Is Money Essential? An Experimental Approach,"
Journal of Political Economy, University of Chicago Press, vol. 132(9), pages 2972-2998.
- Janet Hua (duplicate record) Jiang & Peter Norman & Daniela Puzzello & Bruno Sultanum & Randall Wright, 2021. "Is Money Essential? An Experimental Approach," Working Paper 21-12, Federal Reserve Bank of Richmond.
- Janet Hua Jiang & Peter Norman & Daniela Puzzello & Bruno Sultanum & Randall Wright, 2023. "Is Money Essential? An Experimental Approach," Staff Working Papers 23-39, Bank of Canada.
- Goodhart, Charles A.E. & Tsomocos, Dimitrios P. & Wang, Xuan, 2023.
"Bank credit, inflation, and default risks over an infinite horizon,"
Journal of Financial Stability, Elsevier, vol. 67(C).
- Goodhart, Charles & Tsomocos, Dimitrios P & Wang, Xuan, 2023. "Bank Credit, Inflation, and Default Risks over an Infinite Horizon," CEPR Discussion Papers 18042, C.E.P.R. Discussion Papers.
- Goodhart, Charles A.E. & Tsomocos, Dimitrios P. & Wang, Xuan, 2023. "Bank credit, inflation, and default risks over an infinite horizon," LSE Research Online Documents on Economics 119771, London School of Economics and Political Science, LSE Library.
- Starr, Ross M., 2003. "Monetary general equilibrium with transaction costs," Journal of Mathematical Economics, Elsevier, vol. 39(3-4), pages 335-354, June.
- Kannan, Prakash, 2009.
"On the welfare benefits of an international currency,"
European Economic Review, Elsevier, vol. 53(5), pages 588-606, July.
- Prakash Kannan, 2007. "On The Welfare Benefits Of An International Currency," 2007 Meeting Papers 29, Society for Economic Dynamics.
- Isabel Correia & Pedro Teles, 1999.
"The Optimal Inflation Tax,"
Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 2(2), pages 325-346, April.
- Isabel Correia & Pedro Teles, 1997. "The optimal inflation tax," Discussion Paper / Institute for Empirical Macroeconomics 123, Federal Reserve Bank of Minneapolis.
- Huber, Samuel & Kim, Jaehong, 2019.
"The role of trading frictions in financial markets,"
Journal of Economic Dynamics and Control, Elsevier, vol. 99(C), pages 1-18.
- Samuel Huber & Jaehong Kim, 2015. "The role of trading frictions in financial markets," ECON - Working Papers 211, Department of Economics - University of Zurich, revised Jul 2017.
- Rocheteau, Guillaume & Rupert, Peter & Shell, Karl & Wright, Randall, 2008. "General equilibrium with nonconvexities and money," Journal of Economic Theory, Elsevier, vol. 142(1), pages 294-317, September.
- Aleksander Berentsen & Guillaume Rocheteau, 2002. "Money in Bilateral Trade," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 138(IV), pages 489-506, December.
More about this item
Keywords
Shadow economy; Cash; Money; Segmented markets;All these keywords.
JEL classification:
- E26 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Informal Economy; Underground Economy
- E40 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - General
- E52 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Monetary Policy
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:poleco:v:61:y:2020:i:c:s0176268019301843. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/inca/505544 .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.