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is often maintained that a high quality of the banknotes in circulation helps the public detect counterfeits. However … Netherlands and Germany. Participants received a set of 200 banknotes with either a high or a low average soil level, based on the …
Persistent link: https://www.econbiz.de/10011452776
In this paper, we analyze the volume of euro banknotes issued by Germany within the euro area with several seasonal …
Persistent link: https://www.econbiz.de/10010209428
This paper explains and forecasts the demand for banknotes issued in Germany. For small and large denomination notes we …
Persistent link: https://www.econbiz.de/10011334993
This paper models the demand for banknotes issued in Germany. It highlights that all motives for holding banknotes are …
Persistent link: https://www.econbiz.de/10011284235
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
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 …
Persistent link: https://www.econbiz.de/10003881600
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 … that, for the coin denominations €2, €1, 50 cent and 20 cent roughly the same quantity of euro coins migrate from Germany …
Persistent link: https://www.econbiz.de/10012272025
During the turbulent 1970s and 1980s the Bundesbank established an outstanding reputation in the world of central banking. Germany achieved a high degree of domestic stability and provided safe haven for investors in times of turmoil in the international financial system. Eventually the...
Persistent link: https://www.econbiz.de/10003837787
During the turbulent 1970s and 1980s the Bundesbank established an outstanding reputation in the world of central banking. Germany achieved a high degree of domestic stability and provided safe haven for investors in times of turmoil in the international financial system. Eventually the...
Persistent link: https://www.econbiz.de/10003831853
Germans are still very fond of using cash. Of all direct payment transactions, cash accounts for an astounding 82% in terms of number, and for 58% in terms of value. With a new and unique dataset that combines transaction information with survey data on payment behaviour of German consumers, we...
Persistent link: https://www.econbiz.de/10003924486