[fre] L’objectif de cet article est, via l’estimation de la parité nominale d’équilibre du dollar vis-à-vis de l’euro, d’appréhender les ajustements macroéconomiques sous-jacents aux mésalignements de change identifiés et de souligner les ambiguïtés quant aux déterminants du...

[eng] The Settlement of Lehman Brothers Bankruptcy on the Credit Default Swap Market . Lehman Brothers bankruptcy created important risks for the credit default swap (CDS) market. Firstly, Lehman Brothers was a key participant of the CDS market, as buyer and seller of a large number of...

[eng] Facts and Fantasies about the « Dollar Area » . The « dollar area » can be defined as the set of countries that peg their currencies to the US dollar. In broad terms, it covers many countries that try to stabilize their exchange rate de facto against the US dollar, from Asia to South...

[eng] The Exchange Rate Strategies Adopted by the EU Accession Countries of Central and Eastern Europe . The CEECs candidates to join the EU are facing an original situation as they decide which exchange rate regime to adopt. They have to stabilize their economy while continuing the transition...

[eng] The CEECs candidates to join the EU are facing an original situation as they decide which exchange rate regime to adopt. They have to stabilize their economy while continuing the transition towards a market economy. They also have to take into account the institutional consequences of the...

[eng] Currency and Finance in West Germany. With a new interest rate policy now taking place in France, a look at West Germany's experience can be interesting, since this kind of regulation has been in use there for decades. The german financial sector is led by big banks which deal on money...

[eng] Interest rates in East Asian Countries : internal financial structures and international linkages. The purpose of this paper is to assess the integration of the different domestic financial markets and to provide a possible evidence of international linkages. The sample entails eight...

[fre] Cette étude d’événements sur la Bourse de Paris montre l’impact d’informations publiques sur les cours des entreprises émettrices. Les données utilisées sont intraquotidiennes et portent sur des titres du CAC 40 et du MIDCAC de janvier 1995 à décembre 1999. Deux tests non...

[eng] Oil Prices and the US Dollar Exchange Rate . The US dollar being the key currency on the oil market, the question of the potential links between oil prices and the US dollar exchange rate seems crucial. This paper proposes to survey the co-movements between oil prices and the US dollar...

[eng] The Yuan and the G20 . In this article, authors try to calculate the Yuan’s rise margin and to analyse the impacts of an exchange rate adjustment of Yuan and other Asian currency on the Euro-Dollar’s parity. First, this article describes the origins of the fixed exchange rate in China....