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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. …Euro coins have a common European side and an individual national side. Thanks to coin migration, coins bearing a …
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Complementarity of money mean that two or more kinds of monies together fulfil the demand of the users better than they would without the existence of the other(-s). In this paper we study complementarity between paper monies in Sweden. We address four questions: 1) What was used as money on a...
Persistent link: https://www.econbiz.de/10003576694
According to estimates using the seasonal method, the volume of euro coins held for transaction purposes in Germany in … €2 coins. Only in the case of €2 coins has the cash stock held for transaction purposes made a significant contribution … Bundesbank) euro coins in circulation. 76% of the total volume of coins held for transaction purposes was accounted for by €1 and …
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 … coins is calculated to lie somewhere between 4% and 5%. In the long run, the ratio of German €1 coins in Germany is likely … long run. To this end, a simple mathematical model is formulated and calibrated for €1 coins. The introduction of the euro …
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