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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.

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Metadaten
Author:Nikolaus Bartzsch, Gerhard RöslGND, Franz Seitz
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