Bijwaard, Govert; Franses, Philip Hans - Faculteit der Economische Wetenschappen, Erasmus … - 2006
Theory predicts that dismissing the 1 and 2 euro cent coins from the denominational range of the euro leads to more payment efficiency. To examine whether this theory holds true in practice, we collected data for the Netherlands before and after September 1 2004, which marks the day that retail...