Cash management and payment choices : a simulation model with international comparisons

Borradores de Economia
Number: 
804
Published: 
Classification JEL: 
C61, E41, E47
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy
Download document

The most recent

The Economic Development of Colombia from the End of the Thousand Days' War to the Great Depression
Juliana Jaramillo-Echeverri, María Teresa Ramírez-Giraldo
Experimenting with Large Language Models for Inflation Forecasting in Colombia
Aarón Levi Garavito-Acosta, Wilmer Martinez-Rivera, Juan J. Ospina-Tejeiro, Edgar Caicedo-García
Evaluating Unemployment Insurance in a Developing Economy: Evidence from Colombia
Leonardo Fabio Morales, Diego Astorga-Rojas, Nicolas Guida-Johnson

Despite various payment innovations, today, cash is still heavily used to pay for low-value purchases. This paper develops a simulation model to test whether standard implications of the theory on cash management and payment choices can explain the use of