Hoarding By Design

Understanding the difference between banknotes used for transactions and those used for non-transactional purposes is a perennial issue for central banks.

Free - September 26, 2023 midnight

Figuring Out Cash Demand

The Banque de France issued a working paper in October 2022 that dealt with a number of fundamental questions about cash, questions that are particularly important in a less cash scenario. The paper addressed not just why people hold cash but why they hold different denominations. As the economy changes, what happens to cash holdings?

Free - August 30, 2023 midnight

CBDC Conference: from Niche to Mainstream

CBDCs started to become visible in published papers and discussions around 2016. No doubt there was much material before then but the acceleration of interest and activity has taken CBDCs from a niche to main stream media discussions.

Free - August 25, 2023 midnight

ABCD to STSMs – A New Banknote Forecasting Model

With the publication of the IMF paper ‘Measurement and Use of Cash by Half the World’s Population’, and the Cash Essentials rebuttal, a new paper about demand forecasting by the Banca d’Italia is timely and adds to the discussion.

Free - June 26, 2023 midnight

Cash As Important As Food

The UN-facilitated Cash Working Group for Sudan, temporarily based in Nairobi, Kenya, is considering its options. While there will be a short-term requirement for food-aid, the bulk of the response is likely to involve cash transfers. But in what form?

Free - May 12, 2023 midnight

IMF Concludes Cash Usage Falling Globally

While data about digital payments is usually good, measuring cash is problematic. Understanding cash usage is important for regulatory authorities. IMF Working Paper WP/23/62 explores the measurement of cash based on ATM cash withdrawals value as an alternative to the traditional cash in circulation as a proportion of GDP method.

Free - March 27, 2023 midnight

An ABC of Carbon Offsetting

There will be very few organisations that can eliminate carbon emissions completely, and most organisations are going to take a number of years to get anywhere close.

Free - January 31, 2023 midnight