Inside the Black Box: Tools for Understanding Cash Circulation

Baldo, Luca; Bonifacio, Elisa; Brandi, Marco; Russo, Michelina Lo; Maddaloni, Gianluca; Nobili, Andrea; Rocco, Giorgia; Sene, Gabriele; Valentini, Massimo

doi:10.2139/ssrn.4398724

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Banknote Circulation Before the Pandemic2

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2023

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“…These cash handlers provide their customers with cash, choosing between recirculation and central bank issuance. The factors that feed into their choice include the operational and logistic costs involved (Baldo et al, 2021).…”

Section: Banknote Circulation Before the Pandemicmentioning

confidence: 99%

“…22 For a comprehensive description of German-issued banknotes in circulation, see Deutsche Bundesbank (2022). 23 For an extensive description of Italian-issued banknotes in circulation since the changeover see Baldo et al (2021).…”

Section: Banknote Circulation During the Covid-19 Pandemicmentioning

confidence: 99%

“…For an extensive description of Italian-issued banknotes in circulation since the changeover, seeBaldo et al (2021).49 With a significance level somewhat higher than 10 per cent, the cyclic component is also significant for €50 banknotes in circulation.…”

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confidence: 99%

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