Chinn, Menzie; Frankel, Jeffrey - 2006
the world's central banks. Significant factors include: size of the home country, inflation rate (or lagged depreciation … dollar and euro over the period 1999-2004. Whether the euro might in the future rival or surpass the dollar as the world … it becomes larger than the US economy, and (2) does US macroeconomic policy eventually undermine confidence in the value …
