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Cash Demand

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Encyclopedia of Law and Economics
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Abstract

After a definition of cash demand and its peculiarities, cash demand is compared to the more encompassing money demand. Then, the main economic influences on cash demand are explained. A final point exhibits future developments of cash demand which is threatened by electronic inventions enhancing a cashless society.

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References

  • Bartzsch N, Rösl G, Seitz F (2011) Foreign demand for euro banknotes issued in Germany: estimation using direct approaches. Deutsche Bundesbank discussion paper series 1: economic studies No. 20/2011

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Further Reading

  • Ireland PN (2009) On the welfare cost of inflation and the recent behavior of money demand. Am Econ Rev 99:1040–1052

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  • Walsh CE (2010) Monetary theory and policy, 3rd edn. MIT Press, Cambridge, MA

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Correspondence to Gerhard Graf .

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Graf, G. (2019). Cash Demand. In: Marciano, A., Ramello, G.B. (eds) Encyclopedia of Law and Economics. Springer, New York, NY. https://doi.org/10.1007/978-1-4614-7753-2_80

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