Forecasting Cash Use in Legal and Illegal Activities

dc.contributor.author	Humphrey, David B.
dc.contributor.author	Kaloudis, Aris
dc.contributor.author	Øwre, Grete
dc.date.accessioned	2018-06-05T12:18:05Z
dc.date.available	2018-06-05T12:18:05Z
dc.date.issued	2000
dc.identifier.isbn	82-7553-171-3
dc.identifier.issn	0801-2504
dc.identifier.uri	http://hdl.handle.net/11250/2500392
dc.description.abstract	A general econometric model is developed and used to estimate the share of cash in consumer point-of-sale transactions in Norway over 1980-99. The share of cash fell from 90% during the 1980s to 50% in 1999, primarily due to debit card growth. Additional data from banks, stores, and elsewhere give an estimate of the total use of cash in legal activities. The stock of cash that is unaccounted for is an estimate of cash used in illegal activities. This totals 10% of GDP and has risen by 63% over 5 years. Projections of future cash use are also made.	nb_NO
dc.language.iso	eng	nb_NO
dc.publisher	Norges Bank	nb_NO
dc.relation.ispartofseries	Working Papers;14/2000
dc.rights	Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal	*
dc.rights.uri	http://creativecommons.org/licenses/by-nc-nd/4.0/deed.no	*
dc.subject	JEL: E41	nb_NO
dc.subject	JEL: H26	nb_NO
dc.subject	cash	nb_NO
dc.subject	money	nb_NO
dc.subject	tax evasion	nb_NO
dc.title	Forecasting Cash Use in Legal and Illegal Activities	nb_NO
dc.type	Working paper	nb_NO
dc.description.version	publishedVersion	nb_NO
dc.subject.nsi	VDP::Samfunnsvitenskap: 200::Økonomi: 210::Samfunnsøkonomi: 212	nb_NO
dc.source.pagenumber	33	nb_NO

Except where otherwise noted, this item's license is described as Attribution-NonCommercial-NoDerivatives 4.0 Internasjonal