Seitz, Franz; Stoyan, Dietrich; Tödter, Karl-Heinz - 2009
different euro-area countries. Based on research by Stoyan and depending on growth assumptions, the annual outflow of German €1 …This paper analyses how many euro coins outflow from Germany and which composition of coins is to be expected in the … long run. To this end, a simple mathematical model is formulated and calibrated for €1 coins. The introduction of the euro …