Losing contact : the impact of contactless payments on cash usage / by Marie-Hélène Felt.: FB3-5/2020-56E-PDF
"I investigate the impact of contactless credit cards (CTCs) on cash use in Canada, using panel data between 2010 and 2017. I show that ignoring unobserved heterogeneity would lead to overstating the impact of CTCs on cash usage in a linear model. Using finite mixture modelling, I provide evidence of the differential impacts of CTCs on the extensive versus intensive margins of cash usage. I use a two-part model, with an exclusion restriction for better identification, to model both margins separately. I obtain that CTC use negatively influences the intensive margin of cash usage but not its extensive margin. There is no clear evidence of an S-curve pattern in the impact of CTCs on cash usage over the sample period"--Abstract, page ii.
Permanent link to this Catalogue record:
publications.gc.ca/pub?id=9.894964&sl=0
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| Title | Losing contact : the impact of contactless payments on cash usage / by Marie-Hélène Felt. |
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| Publication type | Monograph - View Master Record |
| Language | [English] |
| Format | Digital text |
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| Description | 1 online resource (ii, 34 pages) : illustrations (some colour). |
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