Retail payments and the real economy

This study investigates how retail payment methods affect aggregate macroeconomic activity. By tracing the relative norms and practices of paper-based payment instruments (checks) and electronic payment methods (payment cards, credit transfers and direct debits) in 27 European Union member countries...

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Bibliographic Details
Main Authors: De Renzis, T. (Author), Liu, L. (Author), Schmiedel, H. (Author), Zhang, G. (Author), Zhang, Y. (Author)
Format: Article
Language:English
Published: Elsevier B.V. 2019
Subjects:
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