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Der Auslandsumlauf deutscher Euro-Banknoten: Schätzung mit direkten Ansätzen
Bartzsch, Nikolaus; Rösl, Gerhard; Seitz, Franz - 2011
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 … surveys (direct approaches). The observation period runs from 2002 to 2009. We discover that German euro banknotes to a total …
Persistent link: https://www.econbiz.de/10010306603
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Der Auslandsumlauf deutscher Euro-Banknoten: Schätzung mit indirekten Ansätzen
Bartzsch, Nikolaus; Rösl, Gerhard; Seitz, Franz - 2011
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 … circulation in other euro-area countries. The analysis is based on approaches that estimate the volume of banknotes in circulation …
Persistent link: https://www.econbiz.de/10010306605
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Besser ohne Bargeld? Gesamtwirtschaftliche Wohlfahrtsverluste der Bargeldabschaffung
Rösl, Gerhard; Seitz, Franz; Tödter, Karl-Heinz - 2017
To broaden the operational scope of monetary policy, several authors suggest cash abolishment as an appropriate means of breaking through the zero lower bound. The key question in this respect is: What are the costs of such a proposal? We argue that the welfare costs of bypassing the zero lower...
Persistent link: https://www.econbiz.de/10011643851
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Diskussion um das Bargeld: Hätte eine Abschaffung von Banknoten und Münzen wirklich Vorteile?
Thiele, Carl-Ludwig; Niepelt, Dirk; Krüger, Malte; … - In: ifo Schnelldienst 68 (2015) 13, pp. 3-18
In der öffentlichen Diskussion gibt es immer wieder Wissenschaftler, die für eine Abschaffung des Bargelds plädieren. Ihrer Ansicht nach würde ein solcher Schritt die faktische Zinsuntergrenze von null beseitigen und damit der Geldpolitik weiteren Handlungsspielraum eröffnen. Zudem...
Persistent link: https://www.econbiz.de/10011693830
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SARS-Cov-2 und Bargeld: Wie ein Virus die weltweite Bargeldnachfrage fördert
Rösl, Gerhard; Seitz, Franz - 2020
Wir zeigen, dass die gängige These, Bargeld würde wegen des zunehmenden Einsatzes elektronischer Zahlungsmittel generell immer stärker an Bedeutung verlieren, sowohl im weltweiten Maßstab als auch in den Emissionsländern der international nachfragten Sorten (USD, EUR, CHF, GBP und JPY) als...
Persistent link: https://www.econbiz.de/10012417408
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Besser ohne Bargeld? Gesamtwirtschaftliche Wohlfahrtsverluste der Bargeldabschaffung
Rösl, Gerhard; Seitz, Franz; Tödter, Karl-Heinz - 2017
To broaden the operational scope of monetary policy, several authors suggest cash abolishment as an appropriate means of breaking through the zero lower bound. The key question in this respect is: What are the costs of such a proposal? We argue that the welfare costs of bypassing the zero lower...
Persistent link: https://www.econbiz.de/10011936300
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Geldpolitik bei Unsicherheit (Monetary Policy Under Uncertainty)
Spahn, Heinz-Peter - In: Intervention. Zeitschrift fuer Ökonomie / Journal of … 04 (2007) 1, pp. 121-143
"Uncertainty" indicated a critical post Keynesian argument against neoclassical monetarism, but was taken up by the European Central Bank (ECB) in order to emphasize the importance of the money supply indicator in its "two pillar" strategy. In a state of model uncertainty on behalf of market and...
Persistent link: https://www.econbiz.de/10014363003
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Besser ohne Bargeld? : gesamtwirtschaftliche Wohlfahrtsverluste der Bargeldabschaffung
Rösl, Gerhard; Seitz, Franz; Tödter, Karl-Heinz - 2017
To broaden the operational scope of monetary policy, several authors suggest cash abolishment as an appropriate means of breaking through the zero lower bound. The key question in this respect is: What are the costs of such a proposal? We argue that the welfare costs of bypassing the zero lower...
Persistent link: https://www.econbiz.de/10011641141
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Besser ohne Bargeld? : gesamtwirtschaftliche Wohlfahrtsverluste der Bargeldabschaffung
Rösl, Gerhard; Seitz, Franz; Tödter, Karl-Heinz - 2017
To broaden the operational scope of monetary policy, several authors suggest cash abolishment as an appropriate means of breaking through the zero lower bound. The key question in this respect is: What are the costs of such a proposal? We argue that the welfare costs of bypassing the zero lower...
Persistent link: https://www.econbiz.de/10011691585
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Der Auslandsumlauf deutscher Euro-Banknoten : Schätzung mit indirekten Ansätzen
Bartzsch, Nikolaus; Rösl, Gerhard; Seitz, Franz - 2011
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 … circulation in other euro-area countries. The analysis is based on approaches that estimate the volume of banknotes in circulation …
Persistent link: https://www.econbiz.de/10009298943