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 …

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 analyses how many euro coins outflow from Germany and which composition of coins is to be expected in the … long run. To this end, a simple mathematical model is formulated and calibrated for €1 coins. The introduction of the euro … coins is calculated to lie somewhere between 4% and 5%. In the long run, the ratio of German €1 coins in Germany is likely …

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 … roughly two-thirds of Germany’s cumulated net issuance of euro banknotes was in circulation outside Germany. The lion’s share …

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 … roughly two-thirds of Germany’s cumulated net issuance of euro banknotes was in circulation outside Germany. The lion’s share …

Inlandsumlauf von Euro-Banknoten in Deutschland Ende 2009 (rd. 130 Mrd. €) nur rund einem Drittel aller von der Deutschen Bundesbank …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 …

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 … amount of approximately €220 billion are in circulation outside Germany. The lion’s share of roughly €160 billion is in non-euro …

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 …

This paper explains and forecasts the demand for banknotes issued in Germany. For small and large denomination notes we … notes is mainly driven by domestic transactions and demand from outside the euro area. The transaction motive in the rest of … the euro area is part of the short-term dynamics. The long-run demand for German large denomination notes is mainly driven …