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Will the Euro Eventually Surpass the Dollar as Leading International Reserve Currency?

Chinn, Menzie David - 2012

Might the dollar eventually follow the precedent of the pound and cede its status as leading international reserve currency? Unlike ten years ago, there now exists a credible competitor: the euro. This paper econometrically estimates determinants of the shares of major currencies in the reserve...

Persistent link: https://www.econbiz.de/10013105149

The Euro May Over the Next 15 Years Surpass the Dollar as Leading International Currency

Chinn, Menzie David - 2010

The euro has arisen as a credible eventual competitor to the dollar as leading international currency, much as the dollar rose to challenge the pound 70 years ago. This paper uses econometrically-estimated determinants of the shares of major currencies in the reserve holdings of the world's...

Persistent link: https://www.econbiz.de/10012759417

Better, Faster, Stronger : Global Innovation and Trade Liberalization

Coelli, Federica - 2016

This paper estimates the effect of trade policy during the Great Liberalization of the 1990s on innovation in over 60 … enables us to establish the causal impact of trade policy on innovation. Our results suggest that trade liberalization has … economically significant effects on innovation and, ultimately, on technical change and growth. According to our estimates, about 7 …

Persistent link: https://www.econbiz.de/10012982938