This paper analyses the impact of productivity developments in the United States and the euro area on the euro … the Johansen cointegration framework, four Behavioural Equilibrium Exchange Rate models are estimated using four different … productivity proxies. Our results indicate that the extent to which productivity can explain the euro depreciation varies with the …

This paper analyses the impact of productivity developments in the United States and the euro area on the euro … the Johansen cointegration framework, four Behavioural Equilibrium Exchange Rate models are estimated using four different … productivity proxies. Our results indicate that the extent to which productivity can explain the euro depreciation varies with the …

cointegration that is robust to mixed orders of integration in the data. The estimated long-run relation can be considered a …

exchange rate to one of the politically most important exchange rates, the exchange rate of the US dollar vis-à-vis the euro …

In this paper we have applied two approaches to the study of the dollar real exchange rate in relation with the Euro … seven developed countries, four of them Euro-area members. Second, we aggregate the European variables and estimate a model … for the Euro-dollar real exchange rate using time series techniques. After identification and model selection, the same …

This paper analyses mutual causalities between crude oil price and euro / US dollar exchange rate. Instead of focusing …

, Norwegian krone, Swedish krona, Swiss franc, and euro exchange rates (against the US dollar) during the period 1994-2003. Using … formal decision to proceed with the euro was made in December 1996 and at the time of the actual introduction of the euro in …

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 …

currencies, and the euro serves as a hedge currency. Results for the yen support its role as a carry funding vehicle, but not … analysis of bilateral euro-based exchange rates, given the euro's prominent role during the euro area sovereign debt crisis …

This paper test for causality between the US Dollar-Euro exchange rate and US-EMU bond yield differentials. To that end …