CashEssentials is launching a research project aimed at furthering our understanding of cashMoney in physical form such as banknotes and coins. More demand.
We are inviting economists, researchers, academics as well as public authorities including central banks and market participants to prepare contributions. Individual contributions could focus on one of the motivations for holding cash; they could address a region or country; they could also consist in surveys.
Some of the key motives for holding cash include:
- Transactional demand
- HoardingThe term refers to the use of cash as a store of value. However, the term has a negative connotation of concealment, and is often used in the context of the war on cash. See Precautionary Holdings. More/savings
- Precautionary holdingsBanknote demand motivated by the store of value function of banknotes, for saving purposes or as a precaution for uncertainties. See Hoarding. More
- Disaster & crisis management
- Uncertainty/security
- Speculation
- Anonymity
- Unbanked or under-banked
The research can also review the impact of supply-side factors including:
- Central bank policy (cash distributions policy, recirculation…)
- National regulations (security, restrictions on cash usage…)
- Commercial bank (branch and ATM density; fee policy)
- Cash-in-transit
- Retailers (acceptance of cash and other paymentA transfer of funds which discharges an obligation on the part of a payer vis-à-vis a payee. More methods; cash-back)
- BanknoteA banknote (or ‘bill’ as it is often referred to in the US) is a type of negotiable promissory note, issued by a bank or other licensed authority, payable to the bearer on demand. More and coinA coin is a small, flat, round piece of metal alloy (or combination of metals) used primarily as legal tender. Issued by government, they are standardised in weight and composition and are produced at ‘mints’. More production (security, quality of circulation; counterfeitThe reproduction or alteration of a document or security element with the intent to deceive the public. A counterfeit banknote looks authentic and has been manufactured or altered fraudulently. In most countries, currency counterfeiting is a criminal offence under the criminal code. More levels)
The deadline is February 28, 2018. To find out more about the requirements and conditions, please download document here below.
For questions or submissions, please write to Guillaume Lepecq at: guillaume.lepecq@agis-consulting.com
Documents