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Book
The Time of Laughter : Comedy and the Media Cultures of Japan
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ISBN: 0472221132 Year: 2023 Publisher: Ann Arbor, Michigan : University of Michigan Press,

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"From broadcast to social media, comedy plays a prominent role in Japan's cultural landscape and political landscape. The Time of Laughter explores how comedy grew out of the early days of television to become a central force in shaping Japanese media over the past half-century. Comedy and its impact, David Humphrey argues, established a "time of laughter" in the media of the late twentieth and early twenty-first centuries in Japan. Through masterful interrogation of Japanese televisual archives and media discourse, Humphrey demonstrates that the unique temporality of laughter has had a profound role in the cultural atmosphere of Japan's recent past. Laughter both complemented and absorbed the profound tensions and contradictions that emerged in Japanese television. Joyous and cacophonous, reaffirming and subverting, laughter simultaneously alienated and unified viewers. Through its exploration of the influence of comedy and the culture of laughter, The Time of Laughter presents a vibrant new take on Japan's recent media history."--


Book
Cash Use Across Countries and the Demand for Central Bank Digital Currency
Authors: ---
ISBN: 1498301843 1484399609 Year: 2019 Publisher: Washington, D.C. : International Monetary Fund,

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The level and trend in cash use in a country will influence the demand for central bank digital currency (CBDC). While access to digital currency will be more convenient than traveling to an ATM, it only makes CBDC like a bank debit card—not better. Demand for digital currency will thus be weak in countries where cash use is already very low, due to a preference for cash substitutes (cards, electronic money, mobile phone payments). Where cash use is very high, demand should be stronger, due to a lack of cash substitutes. As the demand for CBDC is tied to the current level of cash use, we estimate the level and trend in cash use for 11 countries using four different measures. A tentative forecast of cash use is also made. After showing that declining cash use is largely associated with demographic change, we tie the level of cash use to the likely demand for CBDC in different countries. In this process, we suggest that one measure of cash use is more useful than the others. If cash is important for monetary policy, payment instrument competition, or as an alternative payment instrument in the event of operational problems with privately supplied payment methods, the introduction of CBDC may best be introduced before cash substitutes become so ubiquitous that the viability of CBDC could be in doubt.

Payment systems : principles, practice, and improvements.
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ISBN: 0821331116 Year: 1995 Publisher: Washington World Bank

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Book
The US payments system: cost, pricing, competition and risk
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Year: 1984 Publisher: New York

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Digital
Public good issues in target: natural monopoly, scale economies, network effects and cost allocation
Authors: ---
Year: 2005 Publisher: Frankfurt am Main ECB

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Digital
Settlement finality as a public good in large-value payment systems
Authors: ---
Year: 2005 Publisher: Frankfurt am Main ECB

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Book
Falling Use of Cash and Demand for Retail Central Bank Digital Currency
Authors: ---
Year: 2022 Publisher: Washington, D.C. : International Monetary Fund,

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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.


Book
Instant Payments: Regulatory Innovation and Payment Substitution Across Countries
Authors: ---
Year: 2022 Publisher: Washington, D.C. : International Monetary Fund,

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Instant, or fast, payments are credit transfers completed and settled within seconds or minutes. They have low costs, reduce payment risk, and have significantly replaced the use of cash, cards, or check and direct debit payments. We note the role played by regulators in promoting instant payments and identify instances of significant payment instrument substitution across 12 advanced and emerging market economies. This substitution reflects the realized demand for attributes offered by instant payments. As these attributes are quite similar to those for CBDC, the demand for retail CBDC (if issued) may be less compelling.


Book
Measurement and Use of Cash by Half the World’s Population
Authors: ---
Year: 2023 Publisher: Washington, D.C. : International Monetary Fund,

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The use of cash for payments is not well measured. We view the value of cash withdrawn from ATMs, or as a share of all payments, as a more accurate and timely measure of cash use compared to the standard measure of currency in circulation, or as a ratio to GDP. These two measures are compared for 14 advanced and emerging market economies. When aggregated, the trend in cash use for payments is currently falling for half the world’s population. Such a measure can help inform policy decisions regarding CBDC and regulatory decisions concerning access to and use of cash.


Book
Measurement and Use of Cash by Half the World’s Population
Authors: ---
Year: 2023 Publisher: Washington, D.C. : International Monetary Fund,

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Abstract

The use of cash for payments is not well measured. We view the value of cash withdrawn from ATMs, or as a share of all payments, as a more accurate and timely measure of cash use compared to the standard measure of currency in circulation, or as a ratio to GDP. These two measures are compared for 14 advanced and emerging market economies. When aggregated, the trend in cash use for payments is currently falling for half the world’s population. Such a measure can help inform policy decisions regarding CBDC and regulatory decisions concerning access to and use of cash.

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