explain the dynamics of the euro/dollar exchange rate between January 1995 and December 2008. Besides, the model highlights …

This paper examines co-movements and volatility spillovers in the returns of the euro, the British pound, the Swiss … franc and the Japanese yen vis-à-vis the US dollar before and after the introduction of the euro. Based on dynamic … with extreme economic episodes and, to a lower extend, with appreciations of the US dollar. Moreover, the euro (Deutsche …

Using novel data on individual euro area banks' balance sheets this paper shows that exposure to stressed European … households, is documented for euro area banks affected by the international liquidity shock and that drew on ECB liquidity under …

euro area banks. The period associated with the European sovereign debt crisis has witnessed increased growth in euro area … bank claims on extra-euro area residents, against a background of contracting euro area credit supply. Controlling for bank … policy in the US, UK, Japan and euro area - as drivers of the global flows of euro area banks. Moreover, regression analysis …