Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/234494
Authors: 
Lalouette, Laure
Zamora-Pérez, Alejandro
Rusu, Codruta
Bartzsch, Nikolaus
Politronacci, Emmanuelle
Delmas, Martial
Rua, António
Brandi, Marco
Naksi, Martti
Year of Publication: 
2021
Series/Report no.: 
ECB Occasional Paper No. 253
Abstract: 
In order to understand why there is a continuous increase in euro banknote circulation even though the use of cash for transactions is decreasing in the euro area - a phenomenon known as the paradox of banknotes - the members of the Overseas workstream of the Eurosystem Research Network on Cash (EURECA) have conducted a study on the foreign demand for euro banknotes. The results of this study are based on desk research using data collected in the Eurosystem and from other organisations, and using both proven and innovative techniques.
Subjects: 
euro
banknotes
foreign demand for money
euroisation
currencysubstitution
hoarding
remittances
JEL: 
E41
E47
E49
E59
F24
Persistent Identifier of the first edition: 
ISBN: 
978-92-899-4510-3
Document Type: 
Research Report

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