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Coronavirus panic fuels a surge in cash demand

Goodhart, C. A. E. and Ashworth, Jonathan (2020) Coronavirus panic fuels a surge in cash demand. Central Banking. ISSN 0960-6319

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Abstract

Not a week seems to pass without a media story on the ongoing demise of cash amid the rapid technological advances in payment systems that are supposedly making it obsolete. Many observers cite Sweden, where the share of cash in payment transactions and in GDP has fallen precipitously, as a template for where other countries are heading.

Item Type: Article
Official URL: https://www.centralbanking.com/
Additional Information: © 2020 The Authors
Divisions: Financial Markets Group
Subjects: H Social Sciences > HG Finance
R Medicine > RA Public aspects of medicine > RA0421 Public health. Hygiene. Preventive Medicine
H Social Sciences > HV Social pathology. Social and public welfare. Criminology
Date Deposited: 06 Jul 2020 14:33
Last Modified: 06 Jul 2020 23:22
URI: http://eprints.lse.ac.uk/id/eprint/105312

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