Bitte verwenden Sie diesen Link, um diese Publikation zu zitieren, oder auf sie als Internetquelle zu verweisen: https://hdl.handle.net/10419/28117 
Erscheinungsjahr: 
2009
Schriftenreihe/Nr.: 
Discussion Paper Series 1 No. 2009,27
Verlag: 
Deutsche Bundesbank, Frankfurt a. M.
Zusammenfassung: 
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 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 €1 coins is calculated to lie somewhere between 4% and 5%. In the long run, the ratio of German €1 coins in Germany is likely to converge to around 50%.
Schlagwörter: 
Euro coins
coin volumes
mixing process
JEL: 
C61
E41
ISBN: 
978-3-86558-558-5
Dokumentart: 
Working Paper

Datei(en):
Datei
Größe
310.57 kB





Publikationen in EconStor sind urheberrechtlich geschützt.