, the euro and the Chinese renminbi (RMB). It focuses on what we call China’s" dominance hypothesis", i.e. whether the … renminbi is already the dominant currency in Asia, exerting a large influence on exchange rate and monetary policies in the … that the RMB has become a key driver of currency movements in emerging Asia since the mid-2000s, and even more so since the …

This Paper characterizes the integration patterns of international currency unions (such as the CFA Franc zone and the … East Caribbean Currency Area). We empirically explore different features of currency unions, and compare them both to … countries with sovereign monies, and to regions within nations. We ask: are countries within international currency unions as …

This paper examines the role of currency and banking in the German financial crisis of 1931 for both Germany and the U …

alleged inflationary effects of the new currency. In Italy, as in the rest of the euro area, survey-based measures signaled a …The introduction of the euro notes and coins during the first months of 2002 was followed by a lively debate on the … us to test the hypothesis that, after the introduction of the euro notes and coins, consumer prices underwent an increase …

, domestic-currency bond market. Bond holders suffer from inflation and could be a potent anti-inflationary force; I ask whether …

an international currency. Even though US preferences dominate world monetary policy, the absence of exchange rate pass …