The paper evaluates the present and future international currency status of the US dollar, the euro and the yen. In … section two the functions, benefits, and costs of a leading international currency are discussed. In section three key … section five. In the last section we sum up our findings by trying to assess how the future currency regime most probably will …

, it is claimed, by reduced use of currency modelling and more reliance on outside estimates. Despite delivering estimates … are found only in Bajada’s particular method, not in currency modelling generally. …

Undervaluation of the currency is generally believed to affect growth through two main transmission channels: the … undervaluation of the currency boost the overall productivity level in the economy? If so, does this “undervaluation …

adopting a new currency are obtained. …

currency union impact on trade is decreasing over time. This result suggests that with trade and financial globalization … currency unions become less and less important to promote trade. …

Instead of modeling asset price and currency risks separately, this paper derives the international hedge portfolio …, hedging asset price and currency risk simultaneously for estimating the dynamic international optimal hedge ratio. The model …

This is the only book in print in the world about the single global currency, and is the only book in the world priced … enable people of different currency areas to trade. That system has become far more sophisticated in the meantime and handles … currency. In a 3-G world with a single global currency managed by a global central bank within a global monetary union …

Abstract This is the 2008 Edition of one of only two book in print in the world about the Single Global Currency, and … people of different currency areas to trade. That system has become far more sophisticated in the meantime and handles $3 ….8 trillion per day; but it is very expensive and risky. It is now time to replace that system with a single global currency. In a …