| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP13448 |
| DP13448 Canadian Legalization of Cannabis reduces both its cash usage and ‘Black’ Economy | |
| Charles A. E. Goodhart; Jonathan Ashworth | |
| 发表日期 | 2019-01-14 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | The Canadian Government legalized Cannabis usage on October 17th, 2018. During the same month, primarily in the week before and after such legalization, the amount of cash in circulation fell quite materially, in contrast to the rises typically observed in previous years. A key driver is likely to have been Cannabis users switching from cash payments for illegal purchases to using standard recordable electronic payments for their purchases, which have now become legal. The legalization of Cannabis should ultimately reduce the size of the Underground economy by around 4 or 5 percent, with a much bigger decline likely in the black economy. |
| 主题 | Monetary Economics and Fluctuations |
| 关键词 | Cannabis Canada Cash Black economy |
| URL | https://cepr.org/publications/dp13448 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/542263 |
| 推荐引用方式 GB/T 7714 | Charles A. E. Goodhart,Jonathan Ashworth. DP13448 Canadian Legalization of Cannabis reduces both its cash usage and ‘Black’ Economy. 2019. |
| 条目包含的文件 | 条目无相关文件。 | |||||
除非特别说明，本系统中所有内容都受版权保护，并保留所有权利。
