of them have been tracking either the euro or the US dollar in recent years. Eight countries, all of them current or … aspiring EU members, track the euro. Of the five countries keying on the US dollar in various degrees, all but one belong to … the Commonwealth of Independent States. The paper shows that the extent to which each country's currency tracks the euro …

financial stability risk due to euroization contribute to deeuroization inasmuch as they make banking intermediation in euro …

GARCH model shows a positive impact of the introduction of the Euro on exchange rate volatility for the Polish zloty … (negative for the Czech koruna), related to its larger exposure to external shocks. For countries in transition to Euro …

This paper examines opposing views on the euro''s challenge to the dollar as an international currency. One view … also show the euro has significantly overtaken the legacy currencies as a reserve currency. Generally, large economic size … alone is insufficient to challenge the network externalities supporting vehicle currencies, but scope exists for the euro to …

This study provides evidence that episodes of internal stability of exchange rates among the 11 Euro countries during … Euro on January 1, 1999, should be expected to contribute to reduced volatility of world commodity prices, other things …

against the euro relative to the U.S. dollar, while the opposite is true for the zloty, apparently related to earlier … inflation rates. By contrast, the currency options market shows enhanced information content of both currencies against the euro …