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Cash demand in times of crises
Rösl, Gerhard; Seitz, Franz - 2021
In this paper, we focus on the role of different types of crises (technological crises, financial market crises, natural disasters) and their effects on the demand for cash in an international context. It becomes evident that over the past 30 years cash demand always increased in times of...
Persistent link: https://www.econbiz.de/10012692738
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Cash in circulation and the shadow economy : an empirical investigation for Euro area countries and beyond
Seitz, Franz; Reimers, Hans-Eggert; Schneider, Friedrich - 2018
banknotes and take due account of other determinants of cash demand. We find a significant and positive relationship between the …
Persistent link: https://www.econbiz.de/10011872942
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Cash and crises: no surprises by the virus
Rösl, Gerhard; Seitz, Franz - 2021
towards more hoarding, especially in the form of large denomination banknotes. …
Persistent link: https://www.econbiz.de/10012425128
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The quantity theory of money in historical perspective
Graff, Michael - 2008
The paper reconstructs the origins of the quantity theory of money and its applications. Against the background of the history of money, it is shown that the theory was flexible enough to adapt to institutional change and thus succeeded in maintaining its relevance. To this day, it is useful as...
Persistent link: https://www.econbiz.de/10010277728
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The quantity theory of money in historical perspective
Graff, Michael (contributor) - 2008
The paper reconstructs the origins of the quantity theory of money and its applications. Against the background of the history of money, it is shown that the theory was flexible enough to adapt to institutional change and thus succeeded in maintaining its relevance. To this day, it is useful as...
Persistent link: https://www.econbiz.de/10003767739
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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 … (45%). -- Banknotes ; euro ; foreign demand ; hoarding ; transaction balances …
Persistent link: https://www.econbiz.de/10009514066
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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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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 is based on approaches that estimate the volume of banknotes in circulation …
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 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 … surveys (direct approaches). The observation period runs from 2002 to 2009. We discover that German euro banknotes to a total …
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 … surveys (direct approaches). The observation period runs from 2002 to 2009. We discover that German euro banknotes to a total …
Persistent link: https://www.econbiz.de/10009298950