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According to estimates using the seasonal method, the volume of euro coins held for transaction purposes in Germany in …
Persistent link: https://www.econbiz.de/10010429759
In a surprisingly growing number of regions in Germany private "regional currencies" are issued as a cash substitute … fundamentally new phenomenon neither in Germany nor in other European countries. The theoretical assumptions of the Schwundgeld …
Persistent link: https://www.econbiz.de/10012991160
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
that, for the coin denominations €2, €1, 50 cent and 20 cent roughly the same quantity of euro coins migrate from Germany … Republic of Germany are not materially explained by exports of coins to other euro area countries. …
Persistent link: https://www.econbiz.de/10012272025
, around 65% to 70% of the arithmetical volume of euro banknotes issued by the Bundesbank were in circulation outside Germany … in Germany, of which 25 percentage points were hoarded and 5 to 10 percentage points held for transaction purposes. The …
Persistent link: https://www.econbiz.de/10011731481
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/10009514066
) aggregate. We identify reasonable and stable money demand relationships for Germany, France and Spain as well as the EMU-4 …
Persistent link: https://www.econbiz.de/10003746606
Persistent link: https://www.econbiz.de/10009377163
This paper analyses how many euro coins outflow from Germany and which composition of coins is to be expected in the … coins is calculated to lie somewhere between 4% and 5%. In the long run, the ratio of German €1 coins in Germany is likely …
Persistent link: https://www.econbiz.de/10003881600
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