Fischer, Björn (contributor); Köhler, Petra (contributor); … - 2004
demand for cash for euro area
currencies 23
4.1 The data: Description and motivation 23
4.2 A cointegration analysis 29
4 …
demand for euro legacy currencies in total and for small and large denominations within a cointegration
framework. We find … and are informative for monetary policy.
Keywords: currency in circulation, cointegration, purposes of holding currency …