This paper explains and forecasts the demand for banknotes issued in Germany. For small and large denomination notes we … estimate vector error correction models (VECM). The results suggest that the long-run demand for German small denomination … notes is mainly driven by domestic transactions and demand from outside the euro area. The transaction motive in the rest of …

economic factor explaining tourism demand. The arrival of low cost carriers (LCC), with cheaper air fares, greatly leveraged … accessibility could be less relevant. Using quarterly data from 2000 to 2015, the paper assesses the effect of LCC on tourism demand … smaller positive effect on tourism demand for business purpose than the specific characteristic of Brussels. Indeed, the …

This paper investigates the effects of real exchange rates and income on inbound tourism demand (tourist arrivals) from … independent variable in tourism demand analysis models. Panel co-integration analysis under the cross-sectional dependence (CD … Germany, France, the UK, the Netherlands, Italy, Spain, and Sweden to the USA over the period 1996Q3–2015Q1. To achieve this …

COVID-19's impact on tourism demand in EU-27 and EFTA countries at the NUTS2 level during the pandemic's first year. Through … a fractional response model we find (1) higher losses of tourism demand in urban destinations and in destinations highly …The outbreak of COVID-19 in 2020 had a major impact on the European tourism sector, with substantial variations …