@techreport{Seitz2009Coin,
abstract = {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 \mbox{\texteuro}{}1 coins. The introduction of the euro coins in 2002 presented a unique opportunity to analyse the cross-border migration and the mixing process of coins in different euro-area countries. Based on research by Stoyan and depending on growth assumptions, the annual outflow of German \mbox{\texteuro}{}1 coins is calculated to lie somewhere between 4% and 5%. In the long run, the ratio of German \mbox{\texteuro}{}1 coins in Germany is likely to converge to around 50%.},
address = {Frankfurt, M.},
author = {Franz Seitz and Dietrich Stoyan and Karl-Heinz T\"{o}dter},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
isbn = {978-3-86558-558-5},
keywords = {C61; E41; 330; Euro coins; coin volumes; mixing process},
language = {eng},
number = {2009,27},
publisher = {Dt. Bundesbank},
title = {Coin migration within the euro area},
type = {Discussion Paper Series 1: Economic Studies},
url = {http://hdl.handle.net/10419/28117},
year = {2009}
}
