Showing 1 - 10 of 44
moving the US dollar, yen and euro in the intended direction at horizons of up to three months after G7 meetings, but not at …
Persistent link: https://www.econbiz.de/10005816257
euro and the Chinese renminbi (RMB). It focuses on what we call China’s “dominance hypothesis”, i.e. whether the renminbi …
Persistent link: https://www.econbiz.de/10009367477
This paper analyses the impact of productivity developments in the United States and the euro area on the euro … productivity proxies. Our results indicate that the extent to which productivity can explain the euro depreciation varies with the … used the former to assess productivity developments, this might thus have contributed to the weakness of the euro in 2000 …
Persistent link: https://www.econbiz.de/10005033414
A striking and unexpected feature of the financial crisis has been the sharpappreciation of the US dollar against virtually all currencies globally. The paper findsthat negative US-specific macroeconomic shocks during the crisis have triggered asignificant strengthening of the US dollar, rather...
Persistent link: https://www.econbiz.de/10005866568
The paper analyses the heterogeneity in the link between macroeconomic fundamentals and exchange rates. For a set of important US-specific economic shocks, it shows that such shocks have exerted a remarkably heterogeneous effect on global exchange rate configurations over the past 25 years....
Persistent link: https://www.econbiz.de/10005530987
A striking and unexpected feature of the financial crisis has been the sharp appreciation of the US dollar against virtually all currencies globally. The paper finds that negative US-specific macroeconomic shocks during the crisis have triggered a significant strengthening of the US dollar,...
Persistent link: https://www.econbiz.de/10005002763
This paper takes a financial market perspective in examining the relationship between oil prices, the US dollar and asset prices, and it exploits the heteroskedasticity for the identification of causality in a multifactor model. It finds a bidirectional causality between the US dollar and oil...
Persistent link: https://www.econbiz.de/10011067221
–curve formulations in the USA, Japan and the euro area. Thick models represent “trimmed mean” forecasts from several neural network … the euro area, and do well, sometimes better, for the more general consumer and producer price indices across a variety of …
Persistent link: https://www.econbiz.de/10005227535
edition of the publication u0093Bond markets and long-term interest rates in non-euro area Member States of the European Union … this third edition has been extended to include all thirteen non-euro area EU member states and two accession countries …
Persistent link: https://www.econbiz.de/10009636827
economies (EMEs) on configurations between the US dollar, the euro and the yen. Given the difficulty that fixed or managed US … have a statistically but also an economically significant impact on the euro, and to a lesser extent the yen against the US … the appreciation of the euro against the US dollar in recent years. Interestingly, EME policy-makers appear to have become …
Persistent link: https://www.econbiz.de/10005344843