Research Article

Why Belgian Coins Grow Smaller

Authors:

Abstract

It is argued that the decrease in size of Belgian coins is not only due to economic reasons (production costs, number of coins with a value less than one Franc), but also to the “appeal” of the coins. The appeal involves two components: The purchasing-power of the Franc, and the prosperity of the Belgian people. An empirical study that supports the argument is presented.
  • Year: 1989
  • Volume: 29 Issue: 2
  • Page/Article: 109-118
  • DOI: 10.5334/pb.792
  • Published on 1 Jan 1989
  • Peer Reviewed