In this paper, we analyze the volume of euro banknotes issued by Germany within the euro area with several seasonal … methods. We draw a distinction between movements within Germany, circulation outside Germany but within the euro area and … demand from non-euroarea countries. Our approach suggests that only about 20% of euro notes issued by Germany are used for …

, around 65% to 70% of the arithmetical volume of euro banknotes issued by the Bundesbank were in circulation outside Germany …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 …

According to estimates using the seasonal method, the volume of euro coins held for transaction purposes in Germany in … Bundesbank) euro coins in circulation. 76% of the total volume of coins held for transaction purposes was accounted for by €1 and … €2 coins. Only in the case of €2 coins has the cash stock held for transaction purposes made a significant contribution …

According to estimates using the seasonal method, the volume of euro coins held for transaction purposes in Germany in … Bundesbank) euro coins in circulation. 76% of the total volume of coins held for transaction purposes was accounted for by €1 and … €2 coins. Only in the case of €2 coins has the cash stock held for transaction purposes made a significant contribution …

that, for the coin denominations €2, €1, 50 cent and 20 cent roughly the same quantity of euro coins migrate from Germany … Republic of Germany are not materially explained by exports of coins to other euro area countries. …Euro coins have a common European side and an individual national side. Thanks to coin migration, coins bearing a …

In order to understand why there is a continuous increase in euro banknote circulation even though the use of cash for … workstream of the Eurosystem Research Network on Cash (EURECA) have conducted a study on the foreign demand for euro banknotes … transactions is decreasing in the euro area – a phenomenon known as the paradox of banknotes – the members of the Overseas …

This paper analyses how many euro coins outflow from Germany and which composition of coins is to be expected in the … long run. To this end, a simple mathematical model is formulated and calibrated for €1 coins. The introduction of the euro … coins is calculated to lie somewhere between 4% and 5%. In the long run, the ratio of German €1 coins in Germany is likely …

In this paper, we endeavour to determine the volume of euro banknotes issued by Germany that is in circulation outside … Germany. In so doing, we draw a distinction between banknotes outstanding in non-euro-area countries and those that are in … roughly two-thirds of Germany’s cumulated net issuance of euro banknotes was in circulation outside Germany. The lion’s share …

In this paper, we endeavour to determine the volume of euro banknotes issued by Germany that is in circulation outside … Germany. In so doing, we draw a distinction between banknotes outstanding in non-euro-area countries and those that are in … roughly two-thirds of Germany’s cumulated net issuance of euro banknotes was in circulation outside Germany. The lion’s share …