The paper examines whether electronic payments by card (Dankort) provides a useful indicator for retail sales in Denmark. Dankort transactions data is available about one week after the reference month, while the retail sales index is only published about three weeks later. We add to previous...

Compared with the previous decades the rate of wage increase in Denmark has been subdued since the mid-1990s, given the pressure that gradually arose in the labour market. The paper describes changes in the labour market in recent years, including labour-market reforms and decentralisation of...

The Working Paper analyses the use of cash in Denmark since 1990 and compares with the development in other EU-countries. The retail cash payments have decreased in the last 10 years, but cash still make up a significant part of the total retail sales. About half of the cash outstanding is held...

The Working Paper analyses the use of cash in Denmark since 1990 and compares with the development in other EU-countries. The retail cash payments have decreased in the last 10 years, but cash still make up a significant part of the total retail sales. About half of the cash outstanding is held...

This paper develops a model of endogenous exchange rate pass-through within an open economy macroeconomic framework, where both passthrough and the exchange rate are simultaneously determined, and interact with one another. Pass-through is endogenous because firms choose the currency in which...

This paper develops a model of endogenous exchange rate pass-through within an open economy macroeconomic framework, where both passthrough and the exchange rate are simultaneously determined, and interact with one another. Pass-through is endogenous because firms choose the currency in which...

This paper develops a model of endogenous exchange rate pass through within an open economy macroeconomic framework, where both pass-through and the exchange rate are simultaneously determined, and interact with one another. Pass-through is endogenous because firms choose the currency in which...