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 …

This paper empirically investigates whether individuals withhold a certain amount of cash for precautionary reasons at … the point-of-sale (POS) in order to be able to cover future transactions that might have to be paid for in cash. Such … being settled in cash declines significantly as the amount of cash available at one’s disposal decreases. This indicates …

We measure consumers’ use of cash by harmonizing payment diary surveys from seven countries: Australia, Austria, Canada …, France, Germany, the Netherlands, and the United States (conducted 2009 through 2012). Our paper finds important cross …-country differences, for example, the level of cash usage differs across countries. Cash has not disappeared as a payment instrument …

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 …

analysis in the euro area. This paper uses country-specific monetary aggregates to shed more light on the economics behind the … instability of euro area money demand. Our results obtained from panel estimation indicate that the observed instability of … ; euro area …

, Germany and the Netherlands, we test the assumption that cash is still the most efficient payment instrument, and the idea …Despite various payment innovations, today, cash is still heavily used to pay for low-value purchases. This paper … develops a simulation model to test whether standard implications of the theory on cash management and payment choices can …

Netherlands and Germany. Participants received a set of 200 banknotes with either a high or a low average soil level, based on the … actual circulation in two different countries. Real-life circulation in both Germany and the Netherlands is in between these …

have the choice between receiving a sure payment of 10 euro and participating in a game. If they opt for playing the game … they roll a die and either win 20 euro or nothing. We ask whether respondents’ recording behaviour differs depending on …, but does not affect other aspects of data quality. It also has a negligible impact on substantive measures like the cash …

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 … prime funds in the euro area reduced their risk-taking. However, the industry became more concentrated overall and more …