Article ID: | iaor20051387 |
Country: | Australia |
Volume: | 46 |
Issue: | 1 |
Start Page Number: | 67 |
End Page Number: | 77 |
Publication Date: | Jan 2004 |
Journal: | Australian and New Zealand Journal of Statistics |
Authors: | Stoyan Dietrich, Stoyan Helga, Dge Gunter |
Keywords: | statistics: general |
This paper reports on the mixing of Euro coins from different countries of origin in Europe, which started on 1 January 2002. There is an interesting conclusion: that the mobility of small and large denominations is different. The long-term behaviour of the mixing process is studied using a simple deterministic model and data from Germany, France and the Netherlands. The analysis leads to predictions about the future progress of the mixing process.