Assenmacher, Katrin; Seitz, Franz; Tenhofen, Jörn - In: Swiss journal of economics and statistics 155 (2019) 14, pp. 1-22
Knowing the part of currency in circulation that is used for transactions is important information for a central bank. For several countries, the share of banknotes that is hoarded or circulates abroad is sizeable, which may be particularly relevant for large-denomination banknotes. We analyze...
