A simple way to capture currency abroad
- In this article, we analyse the volume of euro banknotes issued by Germany that circulate abroad. Inferences are drawn from a coin model. Our approach suggests that foreign demand has increased since 2002. At the end of 2009 nearly 50%, the equivalent of €170 billion, is held outside the euro area.
Author: | Nikolaus Bartzsch, Gerhard RöslGND, Franz Seitz |
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DOI: | https://doi.org/10.1080/13504851.2011.637886 |
Parent Title (English): | Applied Economics Letters |
Publisher: | Routledge |
Place of publication: | Abingdon |
Document Type: | Article |
Language: | English |
Year of first Publication: | 2012 |
Release Date: | 2022/12/03 |
Volume: | 19 |
Issue: | 15 |
First Page: | 1511 |
Last Page: | 1514 |
Institutes: | Fakultät Betriebswirtschaft |
research focus: | Lebenswissenschaften und Ethik |
Licence (German): | Keine Lizenz - Es gilt das deutsche Urheberrecht: § 53 UrhG |