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, 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
Despite the well-known difficulties to measure national euro circulations within the euro area, several methods have been used to estimate the national demand for euro banknotes in France, such as key-based calculations (ECB capital), approaches using average return time of banknotes or...
Persistent link: https://www.econbiz.de/10011730983
This article introduces a new indicator to measure redenomination risks in Euro area countries. The measure is based on survey data. The influence of this indicator in determining sovereign bond yield spreads is tested using an ARDL-approach. The results for ten EMU countries in the period June...
Persistent link: https://www.econbiz.de/10012230969
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This paper explores the Spain's international migration distribution (SIMD) for the 1998-2009 period. Beyond a general depiction of the distribution, the study pays special attention to the role played by space and, particularly, to the possibility of geographical contagion effects. For this...
Persistent link: https://www.econbiz.de/10011548152
The 2004 accession of Eastern European countries to the EU has generated concerns about the influx of low-skill immigrants to those countries which did not impose restrictions to immigration, namely Ireland, Sweden, and the UK. However, there is lack of recent systematic evidence on the level of...
Persistent link: https://www.econbiz.de/10011521753
Migration and Regional Convergence in the European Union European migration trends in the last decade have been marked by a number of spectacular changes. In the course of the recent enlargement immigration to some EU15 countries from the CEECs has become remarkable. Nevertheless, the vast...
Persistent link: https://www.econbiz.de/10011525111
The article is deal with the demographic changes differences between European Union countries. We are research their population size changes during last 20 years. The spatial typology is given weigh of the three indicators: crude natural increase rate, crude net migration rate and crude total...
Persistent link: https://www.econbiz.de/10011525113
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