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Niemand hat die Absicht, das Bargeld abzuschaffen! Doch trotz aller Dementis aus Berlin, Frankfurt und Brüssel scheint … die sukzessive Abschaffung des Bargelds weiter voranzuschreiten. Das beschlossene Aus für den 500-Euro-Schein sowie das …
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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 …
Persistent link: https://www.econbiz.de/10010209428
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 … different euro-area countries. Based on research by Stoyan and depending on growth assumptions, the annual outflow of German €1 …
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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 … by foreign demand both from the rest of the euro area and outside the EMU. The global financial crisis led to a one …
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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 …
Persistent link: https://www.econbiz.de/10010429759