a column by Sayuri Shirai and Eric Alexander Sugandi for VOX: CEPR&rsquo's Policy Portal
Although cashless payments are becoming increasingly common, the demand for cash is rising in many advanced economies. One reason for this is cash hoarding.
The column uses data on cash issuance to examine the scale of, and motives for, cash hoarding. The two most important drivers are monetary easing and the preference of older people for cash.
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I found the graphs particularly informative.
On a personal note I wish I had cash to hoard!
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