Similar Search Results

The Euro May over the Next 15 Years Surpass the Dollar as Leading International Currency

Chinn, Menzie David; Frankel, Jeffrey A. - 2008

The euro has arisen as a credible eventual competitor to the dollar as leading international currency, much as the … euro over the period 1999-2007. This paper updates calculations regarding possible scenarios for the future. We exclude the … the de facto financial center of the euro, more so than Frankfurt. We also assume that the dollar continues in the future …

Persistent link: https://www.econbiz.de/10014221029

Dollar Rivals

Frankel, Jeffrey A. - 2023

Written for a PIIE conference on the 50th anniversary of floating exchange rates, this paper deals with possible alternatives to a unipolar dollar-based system. It considers (1) measures of international currency use; (2) potential challengers to the dollar; (3) network externalities; and (4) the...

Persistent link: https://www.econbiz.de/10014347796

Can Leading Indicators Assess Country Vulnerability? Evidence from the 2008-09 Global Financial Crisis

Frankel, Jeffrey A.; Saravelos, George - 2013

This paper investigates whether leading indicators can help explain the cross-country incidence of the 2008-09 financial crisis. Rather than looking for indicators with specific relevance to the current crisis, the selection of variables is driven by an extensive review of more than eighty...

Persistent link: https://www.econbiz.de/10014175004