The ECB has ended its net purchases of bonds. As a result, the ECB will no longer dampen volatility in the euro area bond markets to the same extent. This may lead to greater volatility in the Danish mortgage bond market. In recent years, banks have reduced their market-making capacity in the...

In Denmark the most frequent means of payment are cash and dankort. A survey study of Danish payment behaviour reveals that older citizens as well as low-income groups in particular prefer cash. A recent change in Danish surcharge regulation permits retailers to charge a fee when receiving...