HANSEN, JØRGEN DRUD; KING, ROSWITHA M. - In: Journal of Common Market Studies 45 (2007) 12, pp. 999-1010
of the euro countries. Applying the distribution formula to the new EU countries from central and eastern Europe seems to … circulation. However, as argued in this article, currency demand in the new EU member countries is expected to increase relative … to the present group of euro countries - especially after gaining membership in the EMU because of integration of the …