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the issue of cash hoarding. Findings include that the size of hoarded currency in Germany, about 40 to 110 billion Euro in … 2009 according to recent estimates, may have reduced the size of the cash using underground economy in Germany, ceteris …
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) aggregate. We identify reasonable and stable money demand relationships for Germany, France and Spain as well as the EMU-4 …
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This paper explains and forecasts the demand for banknotes issued in Germany. For small and large denomination notes we …
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) aggregate. We identify reasonable and stable money demand relationships for Germany, France and Spain as well as the EMU-4 …
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