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Lalouette, Laure; Zamora-Pérez, Alejandro; Rusu, Codruta; … - 2021

In order to understand why there is a continuous increase in euro banknote circulation even though the use of cash for … workstream of the Eurosystem Research Network on Cash (EURECA) 1 have conducted a study on the foreign demand for euro banknotes … factors behind the demand for euro banknotes, for both store-of-value and transaction purposes. In particular, euro cash flows …

Persistent link: https://www.econbiz.de/10013243845

Currency movements within and outside a currency union : the case of Germany and the euro area /Nikolaus Bartzsch, Gerhard Rösl and Franz Seitz

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 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...

Persistent link: https://www.econbiz.de/10010209428

Payment Innovations, the Shadow Economy and Cash Demand of Households in Euro Area Countries

Reimers, Hans-Eggert; Schneider, Friedrich; Seitz, Franz - 2021

We analyze for the first time cash holdings of private households in all euro area countries from 2002 to 2019 within a … panel cointegration framework. Besides the traditional determinants of cash demand like transactions balances and … opportunity costs, we concentrate on cashless payments media as substitutes to cash payments and the role of the shadow economy …

Persistent link: https://www.econbiz.de/10013315295

Welfare Effects of the Euro Cash Changeover

Wunder, Christoph; Schwarze, Johannes; Krug, Gerhard; … - 2021

Using merged data from the British Household Panel Survey (BHPS) and the German Socio-Economic Panel (SOEP), this paper … the initial problems were overcome within one year of the introduction of euro cash …

Persistent link: https://www.econbiz.de/10013317284

The Demand for Euro Area Currencies : Past, Present and Future

Fischer, Björn; Koehler, Petra; Seitz, Franz - 2021

This paper analyses currency in circulation in the euro area since the beginning of the 1980s. After a literature review we present some stylised facts on currency holdings in the euro area countries as well as at an aggregate euro area level. The next chapter develops a theoretical model, which...

Persistent link: https://www.econbiz.de/10013319386

Coin migration between Germany and other euro area countries

Uhl, Matthias - 2020

Euro coins have a common European side and an individual national side. Thanks to coin migration, coins bearing a panoply of national sides are in circulation throughout the euro area. In this paper, we model the mixing of coins circulating in the euro area countries and in particular the extent...