BoJ discussion paper series – Dec 09
Japanese consumers do not significantly substitute cash with e-money despite the rapid diffusion of electronic payments systems among households, new research from the new issue of the Bank of Japan's discussion paper series.
Other papers featured are:
· Generalised Extreme Value Distribution with Time-Dependence Using the AR and MA Models in State Space Form
· Global Liquidity Trap: A Simple Analytical Investigation
· Chained Credit Contracts and Financial Accelerators
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