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 …

According to estimates using the seasonal method, the volume of euro coins held for transaction purposes in Germany in … Bundesbank) euro coins in circulation. 76% of the total volume of coins held for transaction purposes was accounted for by €1 and … €2 coins. Only in the case of €2 coins has the cash stock held for transaction purposes made a significant contribution …

, 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 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 …

account of the change in the circulation of euro banknotes and the use of cash in transactions during the pandemic; and (2) to …In the light of fears that the SARS-CoV-2 virus might be transmitted via cash – fears that were stoked by statements in … assess the survivability of the virus on cash and the potential transmission risks. The pandemic has caused a significant …

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 …

cash. We find evidence of a discontinuity in the demand of cash when rates on bank deposits fall below 0.1 per cent …. Exploiting time, bank and banknote denomination variation, as well as exogenous shocks to cash payments and holdings, our … analysis finds that the increase of cash in circulation seems to be mostly driven by transactions demand instead of store …

This paper explores the impact of contactless payment on consumers' demand for cash at an early stage of diffusion. The … unobserved heterogeneity in cash usage. The results show that contactless credit and debit cards exert no statistically … significant effect on cash usage after controlling for unobserved heterogeneity. Consumers' decision to use contactless payment is …