Review of Network Economics · 2006 · 78 citations · 9 references
Balance Of PaymentCashless SocietyEducationDetailed CostU.s. EconomyFintechMonetary PolicyPayment SystemEconomic AnalysisPovertyCash TransferEconomicsPublic PolicyMove TowardGig EconomyConditional Cash TransferFinanceMonetizationBusinessFinancial InclusionConsumer FinanceSocial PolicyFinancingUnpaid Work
While the "cashless society" has not yet fully become a reality, payment choices by consumers and merchants have been moving the U.S. economy in that direction slowly and steadily over the past five decades. In this study, a companion paper to Garcia-Swartz (2006a) in this volume, we lay out the detailed cost and benefit calculations behind our analysis of the steady changes in transaction payment methods.
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