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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 in 2002 presented a unique opportunity to analyse the cross-border migration and the mixing process of coins in …
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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 …
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