, fluctuations in the Swiss franc against the euro have been surprisingly moderate. The Swiss franc has thus tracked the euro … monetary policy with the new landscape defined by EMU. Four hypotheses of euro tracking are considered. …

originated from the financial convergence that followed adoption of the euro. …

The initial introduction of the euro has, against many expectations, been accompanied by a decline in the value of the … euro (notably vis-à-vis the dollar and sterling). It has also been introduced at a time of high levels of unemployment … the euro, specifically from the policy and institutional arrangements within which the euro is embedded. It is the …

EU countries, vis a vis the US dollar, before and after the advent of the euro. Standard as well as nonlinear unit root …

misalignment exists in the trilateral rates between the RMB, US$ and euro. The finding refutes the claim that RMB appreciation is …

inherited from Germany's mercantilist past and Bundesbank mythology. Steps toward a fiscal union to back the euro are also …

default. It is argued that the current crisis in Europe illustrates why the euro is not a real contender for hegemony in the …

: the euro. This paper econometrically estimates determinants of the shares of major currencies in the reserve holdings of ….9). The advent of the euro interrupts the continuity of the historical data set. So we estimate parameters on pre-1999 data … dollar and euro over the period 1999-2004. Whether the euro might in the future rival or surpass the dollar as the world …