Coin Migration and Seigniorage within the Euro Area
The introduction of the euro coins in 2002 presented a unique opportunity to study the crossborder migration and the mixing process of coins in different euro-area countries. This note analyses how many euro coins flow from and into Germany and which composition of coins is to be expected in the long run. A simple model of coin migration is formulated and calibrated for Q1 coins. The ratio of German coins circulating in Germany is likely to settle around 50%if past growth of coin volumes continues. In contrast to banknotes, allocation of coin seigniorage depends on national coin issuance. Different national growth rates of coin volumes have important implications for coin seigniorage.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 232 (2012)
Issue (Month): 1 (January)
|Contact details of provider:|| Postal: |
Phone: +49 (0)641 99 22 001
Fax: +49 (0)641 99 22 009
Web page: http://wiwi.uni-giessen.de/home/oekonometrie/Jahrbuecher/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Dietrich Stoyan & Helga Stoyan & Gunter Döge, 2004. "Statistical Analyses and Modelling of the Mixing Process of Euro Coins in Germany and Europe," Australian & New Zealand Journal of Statistics, Australian Statistical Publishing Association Inc., vol. 46(1), pages 67-77, 03.
- Seitz, Franz & Stoyan, Dietrich & Tödter, Karl-Heinz, 2009. "Coin migration within the euro area," Discussion Paper Series 1: Economic Studies 2009,27, Deutsche Bundesbank, Research Centre.
- Ernst Baltensperger & Thomas J. Jordan, 1997. "Principles of Seigniorage," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 133(II), pages 133-152, June.
When requesting a correction, please mention this item's handle: RePEc:jns:jbstat:v:232:y:2012:i:1:p:84-92. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Peter Winker)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.