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dc.contributor.authorMann, Ronald J.en_US
dc.date.accessioned2012-06-20T16:10:02Z-
dc.date.available2012-06-20T16:10:02Z-
dc.date.issued2011en_US
dc.identifier.urihttp://hdl.handle.net/10419/59245-
dc.description.abstractThis paper uses data from the 2008 Survey of Consumer Payment Choice to discuss the adoption, use, and discarding of various common payment instruments. Using a nationally representative sample of individual-level data, it presents evidence in unparalleled detail about how consumers use different payment instruments. Most interestingly, it displays robust evidence of significant age- and race-related differences in payments choices. Among other things, it suggests that the range of payment instruments adopted and regularly used by blacks is narrower than that chosen by whites, presumably because of relatively limited access to financial institutions. With regard to age, it documents pervasive (and complex) age-related patterns at every step of the decisions to adopt, use, and discard payment instruments.en_US
dc.language.isoengen_US
dc.publisherFederal Reserve Bank of Boston Boston, MAen_US
dc.relation.ispartofseriesPublic policy Discussion Papers, Federal Reserve Bank of Boston 11-2en_US
dc.subject.jelD12en_US
dc.subject.jelD14en_US
dc.subject.jelE42en_US
dc.subject.ddc330en_US
dc.subject.stwZahlungsverkehren_US
dc.subject.stwKonsumentenverhaltenen_US
dc.subject.stwAltersgruppeen_US
dc.subject.stwEthnische Gruppeen_US
dc.subject.stwUSAen_US
dc.titleAdopting, using, and discarding paper and electronic payment instruments: Variation by age and raceen_US
dc.typeWorking Paperen_US
dc.identifier.ppn661026523en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
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