| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP14910 |
| DP14910 Coronavirus panic fuels a surge in cash demand | |
| Charles A. E. Goodhart; Jonathan Ashworth | |
| 发表日期 | 2020-06-20 |
| 出版年 | 2020 |
| 语种 | 英语 |
| 摘要 | Over the past decade the media have regularly reported on the imminent death of cash amid rapid innovation in payment technologies. However, cash in circulation has actually been growing strongly in many counties. Perhaps unsurprisingly given Coronavirus-related health concerns, there have been renewed calls to abandon cash and some observers have argued the virus will accelerate its demise. Data thus far suggest, however, that currency in circulation has actually surged in a number of countries. While the economic shutdowns and increased use of online retailing are currently diminishing cash’s traditional function as a medium of exchange, it seems that this is being more than offset by panic driven hoarding of banknotes. |
| 主题 | Monetary Economics and Fluctuations |
| 关键词 | Currency usage Coronavirus Payment technologies Hoarding in panics |
| URL | https://cepr.org/publications/dp14910 |
| 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/543851 |
| 推荐引用方式 GB/T 7714 | Charles A. E. Goodhart,Jonathan Ashworth. DP14910 Coronavirus panic fuels a surge in cash demand. 2020. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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