Euroization in Central, Eastern and Southeastern Europe – First Results from the New OeNB Euro Survey
AbstractThis article presents the main results of a new OeNB survey on foreign currency holdings, which was conducted for the first time in late 2007 in four Central and Eastern European (CEE) as well as seven Southeastern European (SEE) countries. The most important questions asked in the survey pertain to the currency composition and the amounts of foreign currency cash holdings and foreign currency deposits as well as to the motives for holding foreign currency cash and deposits. The authors conclude that the euro plays a dominant role in foreign currency-denominated assets (both cash and deposits) throughout the region.
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Bibliographic InfoArticle provided by Oesterreichische Nationalbank (Austrian Central Bank) in its journal Focus on European Economic Integration.
Volume (Year): (2008)
Issue (Month): 1 ()
Postal: Oesterreichische Nationalbank, Documentation Management and Communications Services, Otto-Wagner Platz 3, A-1090 Vienna, Austria
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- Dvorsky, Sandra & Scheiber, Thomas & Beckmann, Elisabeth, 2013. "Trust in the EU in CESEE," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue 2.
- Alexandre Chailloux & Franziska Ohnsorge & David Vavra, 2010. "Euroisation in Serbia," Working Papers 120, European Bank for Reconstruction and Development, Office of the Chief Economist.
- Scheiber, Thomas & Ritzberger-Grünwald, Doris, 2012. "Euro Cash in Central, Eastern and Southeastern Europe," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue 1, pages 41â55.
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