In this paper, we analyze the volume of euro banknotes issued by Germany within the euro area with several seasonal … methods. We draw a distinction between movements within Germany, circulation outside Germany but within the euro area and … demand from non-euroarea countries. Our approach suggests that only about 20% of euro notes issued by Germany are used for …

, around 65% to 70% of the arithmetical volume of euro banknotes issued by the Bundesbank were in circulation outside Germany …To facilitate a more detailed study of the volume of euro banknotes in circulation issued by the Deutsche Bundesbank …, it is broken down into the components of foreign demand, domestic hoarding and domestic transaction balances. These …

that, for the coin denominations €2, €1, 50 cent and 20 cent roughly the same quantity of euro coins migrate from Germany … Republic of Germany are not materially explained by exports of coins to other euro area countries. …Euro coins have a common European side and an individual national side. Thanks to coin migration, coins bearing a …

In this paper, we endeavour to determine the volume of euro banknotes issued by Germany that is in circulation outside … Germany. In so doing, we draw a distinction between banknotes outstanding in non-euro-area countries and those that are in … amount of approximately €220 billion are in circulation outside Germany. The lion's share of roughly €160 billion is in non-euro …

In this paper, we endeavour to determine the volume of euro banknotes issued by Germany that is in circulation outside … Germany. In so doing, we draw a distinction between banknotes outstanding in non-euro-area countries and those that are in … roughly two-thirds of Germany's cumulated net issuance of euro banknotes was in circulation outside Germany. The lion's share …

We estimate the shoe-leather costs of inflation in the euro area using monetary data adjusted for holdings of euro … anticipated inflation. We conclude that, despite the increased circulation of euro banknotes abroad, in the euro area the …

In order to understand why there is a continuous increase in euro banknote circulation even though the use of cash for … workstream of the Eurosystem Research Network on Cash (EURECA) 1 have conducted a study on the foreign demand for euro banknotes … factors behind the demand for euro banknotes, for both store-of-value and transaction purposes. In particular, euro cash flows …

We estimate the shoe leather costs of inflation in the euro area by using monetary data adjusted for holdings of euro … that, despite the increased circulation of euro banknotes abroad, inflation tax is still predominantly borne by domestic … agents in the euro area, with transfers of resources from abroad remaining small …

In this paper, we analyze the volume of euro banknotes issued by Germany within the euro area with several seasonal … methods. We draw a distinction between movements within Germany, circulation outside Germany but within the euro area and … demand from non-euroarea countries. Our approach suggests that only about 20% of euro notes issued by Germany are used for …

In order to understand why there is a continuous increase in euro banknote circulation even though the use of cash for … workstream of the Eurosystem Research Network on Cash (EURECA) have conducted a study on the foreign demand for euro banknotes … transactions is decreasing in the euro area – a phenomenon known as the paradox of banknotes – the members of the Overseas …