Working Papers in Economics and Social Sciences Working Paper ESS-0711 The Demand for Currency versus Debitable Accounts : a Reconsideration

@inproceedings{Franois2007WorkingPI,
  title={Working Papers in Economics and Social Sciences Working Paper ESS-0711 The Demand for Currency versus Debitable Accounts : a Reconsideration},
  author={Abel François and Nicolas Houy},
  year={2007}
}
Payment choice models based on transaction sizes (TS models) induce strong predictions about the use of payment instruments. Especially, all equal-sized transactions should be paid with the same payment instrument. Then, for each individual, one should observe strict domains of transaction for every payment instruments. Using micro-level payment data from a… CONTINUE READING