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 …

euro and the Chinese renminbi (RMB). It focuses on what we call China’s “dominance hypothesis”, i.e. whether the renminbi …

moving the US dollar, yen and euro in the intended direction at horizons of up to three months after G7 meetings, but not at …

This paper provides evidence on whether the creation of the euro has changed the way global turbulences affect euro … area and other economies. Specifically, it considers the impact of global shocks on the competitiveness of individual euro … over 60 countries' real effective exchange rates, including those of the individual euro area economies, and compares …

the euro area and in five major European economies. It also introduces a set of indicators for excess bond premia …

. Using monthly survey forecasts for France, Italy and the UK between January 1993 and December 2011, we test whether …

economic activity in the euro area. In- and out-of-sample predictive content of corporate bond spreads are examined along three …