To facilitate a more detailed study of the volume of euro banknotes in circulation issued by the Deutsche Bundesbank, it is broken down into the components of foreign demand, domestic hoarding and domestic transaction balances. These banknote demand components are estimated using the direct...

Cash payments are simple, secure, efficient and anonymous and therefore popular with consumers. At the same time, these properties also make cash a focal point for potential illegal uses. An oft-voiced opinion in the public debate is that cash promotes the shadow economy and is used as a means...

Hypocrisy is the act of claiming moral standards to which one's own behavior does conform. Instances of hypocrisy, such as supposedly green car manufacturer Volkswagen's emissions-related scandal, are frequently reported in the media. In a controlled and incentivized experiment, we find that...

Hypocrisy is the act of claiming moral standards to which one's own behavior does not conform. Instances of hypocrisy, such as the supposedly green furnishing group IKEA's selling of furniture made from illegally felled wood, are frequently reported in the media. In a controlled and incentivized...

To facilitate a more detailed study of the volume of euro banknotes in circulation issued by the Deutsche Bundesbank, it is broken down into the components of foreign demand, domestic hoarding and domestic transaction balances. These banknote demand components are estimated using the direct...