and, for Germany, the importance of differentiating balances against euro and non-euro countries. …We analyze current account imbalances through the lens of the two largest surplus countries; China and Germany. We … its current account surplus, Germany’s surplus has continued to increase throughout and after the crisis. Second, for …

We analyze the impact of Eurozone/Germany and U.S. macroeconomic news announcements and the communication of the ….S. dollar is a base currency the impact of the news is larger than in the case of the euro, (vii) announcements on ECB monetary …

We examine the effects of the Asset Purchase Programme (APP) gradually introduced by the European Central Bank from … quantifying the cumulative decrease of spreads and by running event regressions for several Euro Area countries. Focusing on the …

expanded a currency swap line with the People's Bank of China. Within the next few months, the share of imports from China …, invoicing in RMB declined. We explore the mechanisms behind this aggregate pattern, using rich firm-level data on imports, bank …-firm loan relationships, and bank balance sheets. Our results indicate that banks played a key role, in line with the dollar …

Daily data from the German and U.S. equity markets before and after the introduction of the Euro are used to study the … effect of exchange rate regime choices on equity markets. It is found that, since the introduction of the Euro, the …

American (LA) countries and the four largest economies in the world (namely the US, the Euro area, Japan and China) over the …

could attract even more hot money inflows, the People's Bank of China should focus on tightly stabilizing the yuan/ dollar …