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The circulation of euro banknotes and coins in the Netherlands

Author

Listed:
  • Hebbink, Gerbert
  • Peeters, Marga

Abstract

In the countries of the European economic and monetary union euro banknotes and coins will be put into circulation from January 1, 2002. Seven new banknotes will be issued and eight new coins. Each member country is responsible for the production and distribution of its domestic euro circulation. Therefore, these countries, in casu central banks and ministries of finance, each draw up their own plan for this project.We unfold a methodology for indicative forecasts of the euro circulation needed in 2002 by proposing two methods. The first method uses econometric models describing the demand for banknotes and the demand for coins. The second method starts from estimated over-the-counter payments in 2002, and calculates the required notes and coins.

Suggested Citation

  • Hebbink, Gerbert & Peeters, Marga, 1999. "The circulation of euro banknotes and coins in the Netherlands," MPRA Paper 23535, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:23535
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    References listed on IDEAS

    as
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    3. Cramer, J. S., 1983. "Currency by denomination," Economics Letters, Elsevier, vol. 12(3-4), pages 299-303.
    4. Fase, M. M. G., 1981. "Forecasting the demand for banknotes: some empirical results for the Netherlands," European Journal of Operational Research, Elsevier, vol. 6(3), pages 269-278, March.
    5. Boeschoten, W C & Fase, M M G, 1989. "The Way We Pay with Money," Journal of Business & Economic Statistics, American Statistical Association, vol. 7(3), pages 319-326, July.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    euro banknotes; euro coins; central banks; economic and monetary union;
    All these keywords.

    JEL classification:

    • E5 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit

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