Does rounding matter for payment efficiency?
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Hausman, Jerry & Hall, Bronwyn H & Griliches, Zvi, 1984.
"Econometric Models for Count Data with an Application to the Patents-R&D Relationship,"
Econometrica, Econometric Society, vol. 52(4), pages 909-938, July.
- Jerry A. Hausman & Bronwyn H. Hall & Zvi Griliches, 1984. "Econometric Models for Count Data with an Application to the Patents-R&D Relationship," NBER Technical Working Papers 0017, National Bureau of Economic Research, Inc.
- McFadden, Daniel & Ruud, Paul A, 1994. "Estimation by Simulation," The Review of Economics and Statistics, MIT Press, vol. 76(4), pages 591-608, November.
- Cramer, J. S., 1983. "Currency by denomination," Economics Letters, Elsevier, vol. 12(3-4), pages 299-303.
- Murat K. Munkin & Pravin K. Trivedi, 1999. "Simulated maximum likelihood estimation of multivariate mixed-Poisson regression models, with application," Econometrics Journal, Royal Economic Society, vol. 2(1), pages 29-48.
- Jeanine Kippers & Erjen van Nierop & Richard Paap & Philip Hans Franses, 2003.
"An Empirical Study of Cash Payments,"
Statistica Neerlandica, Netherlands Society for Statistics and Operations Research, vol. 57(4), pages 484-508, November.
- Jeanine Kippers & Erjen van Nierop & Richard Paap & Philip Hans Franses, 2002. "An Empirical Study of Cash Payments," Tinbergen Institute Discussion Papers 02-075/4, Tinbergen Institute.
- Boeschoten, W C & Fase, M M G, 1989. "The Way We Pay with Money," Journal of Business & Economic Statistics, American Statistical Association, vol. 7(3), pages 319-326, July.
- van Ophem, Hans, 1999. "A General Method To Estimate Correlated Discrete Random Variables," Econometric Theory, Cambridge University Press, vol. 15(2), pages 228-237, April.
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.- Bijwaard, Govert E. & Franses, Philip Hans, 2009. "The effect of rounding on payment efficiency," Computational Statistics & Data Analysis, Elsevier, vol. 53(4), pages 1449-1461, February.
- Marco Alfò & Giovanni Trovato, 2004. "Semiparametric Mixture Models for Multivariate Count Data, with Application," CEIS Research Paper 51, Tor Vergata University, CEIS.
- Franses, Ph.H.B.F. & Kippers, J., 2003. "How do we pay with euro notes? Empirical evidence from Monopoly experiments," Econometric Institute Research Papers EI 2003-32, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
- Franses, Philip Hans & Kippers, Jeanine, 2007.
"An empirical analysis of euro cash payments,"
European Economic Review, Elsevier, vol. 51(8), pages 1985-1997, November.
- Kippers, J. & Franses, Ph.H.B.F., 2003. "An empirical analysis of euro cash payments," Econometric Institute Research Papers EI 2003-25, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
- Kippers, J. & Franses, Ph.H.B.F., 2003. "Do we need all Euro denominations?," Econometric Institute Research Papers EI 2003-39, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
- William Greene, 2001.
"Fixed and Random Effects in Nonlinear Models,"
Working Papers
01-01, New York University, Leonard N. Stern School of Business, Department of Economics.
- Greene, W., 2001. "Fixed and Random Effects in Nonlinear Models," New York University, Leonard N. Stern School Finance Department Working Paper Seires 01-01, New York University, Leonard N. Stern School of Business-.
- Eugenio Miravete, 2014. "Testing for complementarities among countable strategies," Empirical Economics, Springer, vol. 46(4), pages 1521-1544, June.
- Hebbink, Gerbert & Peeters, Marga, 1999. "The circulation of euro banknotes and coins in the Netherlands," MPRA Paper 23535, University Library of Munich, Germany.
- Arkadiusz Manikowski, 2017. "Analysis of the denomination structure of the Polish currency in the context of the launch of the new 500 zloty banknote," Bank i Kredyt, Narodowy Bank Polski, vol. 48(5), pages 495-530.
- Leo Van Hove & Jef Vuchelen, 1996. "Analyse de la répartition de la monnaie fiduciaire en coupures : la méthode de Hentsch reconsidérée," Revue Économique, Programme National Persée, vol. 47(5), pages 1149-1178.
- Greene, William, 2008. "Functional forms for the negative binomial model for count data," Economics Letters, Elsevier, vol. 99(3), pages 585-590, June.
- Erik Brouwer & Alfred Kleinknecht & Pierre Mohnen & Hans van Ophem, 2001. "R&D and Patents: Which Way Does the Causality Run?," CIRANO Working Papers 2001s-31, CIRANO.
- Jörgen Hellström, 2006. "A bivariate count data model for household tourism demand," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 21(2), pages 213-226, March.
- Mauro Laudicella & Paolo Li Donni, 2022.
"The dynamic interdependence in the demand of primary and emergency secondary care: A hidden Markov approach,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 37(3), pages 521-536, April.
- Laudicella, Mauro & Li Donni, Paolo, 2021. "The dynamic interdependence in the demand of primary and emergency secondary care: A hidden Markov approach," DaCHE discussion papers 2021:1, University of Southern Denmark, Dache - Danish Centre for Health Economics.
- A. Colin Cameron & Tong Li & Pravin K. Trivedi & David M. Zimmer, 2004.
"Modelling the differences in counted outcomes using bivariate copula models with application to mismeasured counts,"
Econometrics Journal,
Royal Economic Society, vol. 7(2), pages 566-584, December.
- A. Colin Cameron & Tong Li & Pravin K. Trivedi & David M. Zimmer, 2004. "Modeling the Differences in Counted Outcomes using Bivariate Copula Models: with Application to Mismeasured Counts," Working Papers 43, University of California, Davis, Department of Economics.
- Wynne, Mark A., 1997.
"More on optimal denominations for coins and currency,"
Economics Letters, Elsevier, vol. 55(2), pages 221-225, August.
- Mark A. Wynne, 1997. "More on optimal denominations for coins and currency," Working Papers 9702, Federal Reserve Bank of Dallas.
- William Greene, 2009. "Models for count data with endogenous participation," Empirical Economics, Springer, vol. 36(1), pages 133-173, February.
- Egan, Kevin & Herriges, Joseph, 2006.
"Multivariate count data regression models with individual panel data from an on-site sample,"
Journal of Environmental Economics and Management, Elsevier, vol. 52(2), pages 567-581, September.
- Egan, Kevin J. & Herriges, Joseph A., 2006. "Multivariate Count Data Regression Models with Individual Panel Data from an On-Site Sample," Staff General Research Papers Archive 12573, Iowa State University, Department of Economics.
- Bouhdaoui, Y. & Bounie, D. & Van Hove, L., 2011. "Central banks and their banknote series: The efficiency-cost trade-off," Economic Modelling, Elsevier, vol. 28(4), pages 1482-1488, July.
- Philip Hans Franses & Max Welz, 2019. "Cash Use of the Taiwan Dollar: Is It Efficient? †," JRFM, MDPI, vol. 12(1), pages 1-6, January.
More about this item
Keywords
cash payment; euro denomination; maximum simulated likelihood; multivariate poisson-log normal;All these keywords.
JEL classification:
- C15 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - Statistical Simulation Methods: General
- C35 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Discrete Regression and Qualitative Choice Models; Discrete Regressors; Proportions
- E51 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Money Supply; Credit; Money Multipliers
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:ems:eureir:8013. 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: RePub (email available below). General contact details of provider: https://edirc.repec.org/data/feeurnl.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.