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A Bitcoin standard : lessons from the gold standard
Weber, Warren E. - 2016
This paper imagines a world in which countries are on the Bitcoin standard, a monetary system in which all media of exchange are Bitcoin or are backed by it. The paper explores the similarities and differences between the Bitcoin standard and the gold standard and describes the media of exchange...
Persistent link: https://www.econbiz.de/10011446194
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Currency movements within and outside a currency union : the case of Germany and the euro area
Seitz, Franz; Rösl, Gerhard; Bartzsch, Nikolaus - 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/10009514066
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Foreign demand for euro banknotes issued in Germany : estimation using indirect approaches
Bartzsch, Nikolaus; Rösl, Gerhard; Seitz, Franz - 2011
In this paper, we endeavour to determine the volume of euro banknotes issued by Germany that is in circulation outside Germany. In so doing, we draw a distinction between banknotes outstanding in non-euro-area countries and those that are in circulation in other euro-area countries. The analysis...
Persistent link: https://www.econbiz.de/10009298944
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Der Auslandsumlauf deutscher Euro-Banknoten : Schätzung mit direkten Ansätzen
Bartzsch, Nikolaus; Rösl, Gerhard; Seitz, Franz - 2011
In dem vorliegenden Papier versuchen wir, den Bestand der Euro-Banknoten zu ermitteln, der sich von der deutschen Banknotenemission im Ausland befindet. Dabei unterscheiden wir nach Beständen, die außerhalb des Euro-Währungsraums umlaufen, und solchen, die in anderen Ländern der EWU...
Persistent link: https://www.econbiz.de/10009298946
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Foreign demand for euro banknotes issued in Germany : estimation using direct approaches
Bartzsch, Nikolaus; Rösl, Gerhard; Seitz, Franz - 2011
In this paper, we endeavour to determine the volume of euro banknotes issued by Germany that is in circulation outside Germany. In so doing, we draw a distinction between banknotes outstanding in non-euro-area countries and those that are in circulation in other euro-area countries. The analysis...
Persistent link: https://www.econbiz.de/10009298950
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Foreign Demand for Euro Banknotes Issued in Germany : Estimation Using Direct Approaches
Bartzsch, Nikolaus - 2016
In this paper, we endeavour to determine the volume of euro banknotes issued by Germany that is in circulation outside Germany. In so doing, we draw a distinction between banknotes outstanding in non-euro-area countries and those that are in circulation in other euro-area countries. The analysis...
Persistent link: https://www.econbiz.de/10012991024
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Foreign Demand for Euro Banknotes Issued in Germany : Estimation Using Indirect Approaches
Bartzsch, Nikolaus - 2016
In this paper, we endeavour to determine the volume of euro banknotes issued by Germany that is in circulation outside Germany. In so doing, we draw a distinction between banknotes outstanding in non-euro-area countries and those that are in circulation in other euro-area countries. The analysis...
Persistent link: https://www.econbiz.de/10012991027
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Currency movements within and outside a currency union : the case of Germany and the euro area
Seitz, Franz; Rösl, Gerhard; Bartzsch, Nikolaus - 2011
Persistent link: https://www.econbiz.de/10009377163
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Central Bank digital currencies : a framework for assessing why and how
Fung, Ben Siu-cheong; Hałaburda, Hanna - 2016
question for public authorities such as a central bank is whether or not to issue its own digital currency that can be used by … the general public to make payments. There are several public policy arguments for a central-bank-issued digital currency …. This paper proposes a framework for assessing why a central bank should consider issuing a digital currency and how to …
Persistent link: https://www.econbiz.de/10011565226
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Payments are A-Changin’ But Cash Still Rules
Bech, Morten L. - 2018
around the world, there is scant evidence of a shift away from cash. As the appetite for cash remains unabated, few societies … are close to “cashless” or even “lesscash”. In fact, demand for cash has risen in most advanced economies since the start … opportunity cost of holding cash) rather than by payment needs …
Persistent link: https://www.econbiz.de/10012925136