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How Do Debit Cards Affect Cash Demand? Survey Data Evidence
Stix, Helmut - 2003
This paper analyzes how EFT-POS payments and ATM withdrawals affect purse cash demand. In particular, survey data about Austrian individuals are employed to estimate a cash demand equation which takes account of sample selection effects. The results reveal that purse cash demand is significantly...
Persistent link: https://www.econbiz.de/10013369999
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Does banknote quality affect counterfeit detection? Experimental evidence from Germany and the Netherlands
van der Horst, Frank; Eschelbach, Martina; Sieber, Susann; … - 2016
is often maintained that a high quality of the banknotes in circulation helps the public detect counterfeits. However … Netherlands and Germany. Participants received a set of 200 banknotes with either a high or a low average soil level, based on the …
Persistent link: https://www.econbiz.de/10011454020
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Currency movements within and outside a currency union: The case of Germany and the euro area
Bartzsch, Nikolaus; Rösl, Gerhard; Seitz, Franz - 2011
In this paper, we analyze the volume of euro banknotes issued by Germany within the euro area with several seasonal …
Persistent link: https://www.econbiz.de/10010327304
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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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Foreign demand for euro banknotes issued in Germany: Estimation using indirect approaches
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/10010306604
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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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Foreign demand for euro banknotes issued in Germany: Estimation using direct approaches
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/10010306606
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The use of large denomination banknotes in Switzerland
Assenmacher, Katrin; Seitz, Franz; Tenhofen, Jörn - 2017
We study the demand for Swiss banknotes over the period from 1956 to 2015 and present stylized facts on different …, we focus on the demand for banknotes used as a store of value (“hoarding”), which can be expected to be particularly … seasonal pattern of CHF 1000 banknotes, which might not be related to transactions, we cannot rely on seasonal ranges including …
Persistent link: https://www.econbiz.de/10011687798
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Cash and crises: No surprises by the virus
Rösl, Gerhard; Seitz, Franz - 2021
towards more hoarding, especially in the form of large denomination banknotes. …
Persistent link: https://www.econbiz.de/10012425532
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On the stabilizing role of cash for societies
Rösl, Gerhard; Seitz, Franz - 2022
In this paper, we focus on the stabilizing role of cash from a society-wide perspective. Starting with conceptual remarks on the importance of money for the economy in general, special attention is paid to the unique characteristics of cash. As these become apparent especially during crisis...
Persistent link: https://www.econbiz.de/10013273903