01907cas a2200325 a 4500 AALejournalIMF022422 230101c9999 xx r poo 0 0eng d 5.00 USD 9798400200861 1018-5941 BD-DhAAL BD-DhAAL Khiaonarong, Tanai. Falling Use of Cash and Demand for Retail Central Bank Digital Currency / Tanai Khiaonarong, David Humphrey. Washington, D.C. : International Monetary Fund, 2022. 1 online resource (25 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Cash use in most countries is falling slowly. On the margin, younger adults favor cash substitutes over cash. For older adults it is the reverse. Revealed preference tied to a changing population age structure seems to be the main influence on the demand for cash and why it is falling. Cash use may continue to fall, and card use (the main cash substitute) may fall by more, if CBDC is issued. The extent of this reduction depends on the demand for retail CBDC and the incentives (primarily transaction fees) that can play a determining role in CBDC adoption and use. Mode of access: Internet Banks imf Demand for Money imf Depository Institutions imf Micro Finance Institutions imf Mortgages imf Organizational Behavior imf Humphrey, David. IMF Working Papers; Working Paper ; No. 2022/027 Full text available on IMF http://elibrary.imf.org/view/journals/001/2022/027/001.2022.issue-027-en.xml IMF e-Library