estimating the volumes of national-issued banknotes in circulation for the three years ahead. As at the end of 2021, more than 80 … per cent of euro banknotes in circulation (cumulated net issuance) had been issued by the national central banks of France …, Germany, Italy and Spain ('4 NCBs'). To date, the 4 NCBs have been using ARIMAX models to forecast the banknotes issued …

estimating the volumes of national-issued banknotes in circulation for the three years ahead. As at the end of 2021, more than 80 … per cent of euro banknotes in circulation (cumulated net issuance) had been issued by the national central banks of France …, Germany, Italy and Spain ('4 NCBs'). To date, the 4 NCBs have been using ARIMAX models to forecast the banknotes issued …

This paper documents significant cross-border effects of the 2014 US money market fund (MMF) reform on MMFs in the euro … area. As US-based prime MMFs became less money-like due to the reform, euro area-based prime MMFs received large inflows …

This paper examines the relation between money and housing variables in the euro area and in the US. Our empirical … model is based on a standard money demand relation which is augmented by housing market variables. In doing so, co …-integrated money demand relationships can be established for both the euro area and the US. Furthermore, we find evidence for asset …