We measure consumers' use of cash by harmonizing payment diary surveys from seven
countries. The seven diary surveys were conducted in 2009 (Canada), 2010 (Australia) …

The choice of payment instrument, which is used every day to make life easier, comprises
one of the consumer financial decisions influenced by several factors. To investigate when …

This chapter provides an overview of household finance. The first part summarizes key facts
regarding household financial behavior, emphasizing empirical regularities that are …

Using transaction-level data from a three-day shopping diary, we estimate a model of
consumer payment instrument choice that disentangles the effect of merchant card …

Financial inclusion and digital payment use remain low in Peru. There is extensive literature
on the determinants of deposit account access as a measure of financial inclusion, but few …

While payment card usage has increased dramatically, the stock of outstanding currency
has not declined as rapidly. We analyze changes in cash demand for 13 advanced …

Research on holding and use of cash involves many aspects, such as reasons for holding
and hoarding cash, transactional demand for cash, cash management, type of spending …

In this paper we estimate the effect of particular price incentives on consumer payment
patterns using transaction-level data. We find that participation in a loyalty program and …

Due to the financial crisis, an increasing number of households face financial problems. This
may lead to an increasing need for monitoring spending and budgets. We demonstrate that …

Using data from a nationally representative survey on consumer payment behavior, we
estimate Heckman two-stage regressions on the adoption and use of seven different …