Abstract
After a definition of cash demand and its peculiarities, cash demand is compared to the more encompassing money demand. Then, the main economic influences on cash demand are explained. A final point exhibits future developments of cash demand which is threatened by electronic inventions enhancing a cashless society.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Bartzsch N, Rösl G, Seitz F (2011) Foreign demand for euro banknotes issued in Germany: estimation using direct approaches. Deutsche Bundesbank discussion paper series 1: economic studies No. 20/2011
Deutsche Bundesbank (2009) The development and determinants of euro currency in circulation in Germany. Monthly report. 45–58
Deutsche Bundesbank (2012) The usage, costs and benefits of cash – theory and evidence from macro and micro data. Deutsche Bundesbank, Frankfurt
European Central Bank (2011) The use of euro banknotes – results of two surveys among households and firms. Mo Bull 75–90
Fischer B, Köhler, P, Seitz, F (2004) The demand for euro area currencies: past, present and future. in: European Central Bank working paper series, No. 330 April 2004
Lippi F, Secchi A (2009) Technological change and the households’ demand for currency. J Monet Econ 56(2):222–230
Further Reading
Ireland PN (2009) On the welfare cost of inflation and the recent behavior of money demand. Am Econ Rev 99:1040–1052
Walsh CE (2010) Monetary theory and policy, 3rd edn. MIT Press, Cambridge, MA
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2019 Springer Science+Business Media, LLC, part of Springer Nature
About this entry
Cite this entry
Graf, G. (2019). Cash Demand. In: Marciano, A., Ramello, G.B. (eds) Encyclopedia of Law and Economics. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-7753-2_80
Download citation
DOI: https://doi.org/10.1007/978-1-4614-7753-2_80
Published:
Publisher Name: Springer, New York, NY
Print ISBN: 978-1-4614-7752-5
Online ISBN: 978-1-4614-7753-2
eBook Packages: Economics and FinanceReference Module Humanities and Social SciencesReference Module Business, Economics and Social Sciences