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access_p [...] and especially to foreign
demand for euro banknotes. This foreign demandmay
originate from other euro area countries or from non-
euro area countries. In what follows, we try to capture
demand [...] countries and an additional blanket amount for prob-
able positive net exports of euro banknotes via other
channels (e.g. tourism or money sent home by foreign
workers) to estimate that foreign demand
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complicated as issues of one country may migrate
to other euro area countries in which they are
perfect substitutes. Transaction balances usually
are made up [...] to gauge the volume of €5 and €10 banknotes
outside the euro area.
CONTACT Franz Seitz f.seitz@oth-aw.de Weiden Technical University of Applied Sciences, Hetzenrichter Weg 15, Weiden D-92637, Germany
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euro-area countries. This is because German banknotes are perfect substitutes for other
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Druck Hausdruck
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access_permission:e [...] It is generally perceived that these regulatory changes will favor the purchase of bonds over
other asset classes by pension funds and life insurance corporations." (ECB, 2005, 23). As a
result [...] factors point to a possible permanent change in long-
term real interest rates, there are hints that other, more temporary market influences related to
speculative behavior may have played a role, too
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pdf:docinfo:producer [...] institution
1.1 Its structure and decision-making process
1.2 Its main task and position
1.3 Other tasks
1.4 Summary
Quiz
Bibliography
2 Monetary policy strategies and European monetary