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How successful is the G7 in managing exchange rates?
Fratzscher, Marcel - 2008
moving the US dollar, yen and euro in the intended direction at horizons of up to three months after G7 meetings, but not at …
Persistent link: https://www.econbiz.de/10003794160
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China's dominance hypothesis and the emergence of a tri-polar global currency system
Fratzscher, Marcel; Mehl, Arnaud - 2011
euro and the Chinese renminbi (RMB). It focuses on what we call China's "dominance hypothesis", i.e. whether the renminbi … dollar ; euro ; German dominance hypothesis …
Persistent link: https://www.econbiz.de/10009380945
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Do options-implied RND functions on G3 currencies move around the times of interventions on the JPY/USD exchange rate?
Castrén, Olli - 2004
coincide with a movement in the mean of the RND towards a weaker yen both against the US dollar and the euro, as well as with …
Persistent link: https://www.econbiz.de/10009639470
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Towards European monetary integration
González, Fernando; Launonen, Simo - 2005
We assess monetary convergence preceding the implementation of the European Monetary Union (EMU) through Kalman filtering estimates of the risk premium of eleven forward exchange rates of European and non-European currencies. Since all participating currencies are in effect identical from...
Persistent link: https://www.econbiz.de/10009639925
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Should larger reserve holdings be more diversified?
Beck, Roland; Weber, Sebastian - 2010
The notable increase in international reserve holdings over the past decade and their use during the global financial crisis of 2008/2009 has sparked renewed interest in the analysis of the optimal level of reserve holdings, in particular in countries which are subject to sudden stops. Less...
Persistent link: https://www.econbiz.de/10009640347
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Exchange rate anchoring
Bracke, Thierry; Bunda, Irina - 2011
The paper provides a measure of exchange rate anchoring behaviour across 149 emerging market and developing economies for the 1980-2010 period. An extension of the Frankel and Wei (2008) methodology is used to determine whether exchange rates are pegged or floating, and in the case of pegs, to...
Persistent link: https://www.econbiz.de/10009640842
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Global roles of currencies
Thimann, Christian - 2009
-known ranking for the leading currencies - in particular the US dollar and the euro - but give considerably greater weight to …
Persistent link: https://www.econbiz.de/10003832364
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The political economy under monetary union: has the euro made a difference?
Fratzscher, Marcel; Stracca, Livio - 2008
the euro area. Equally importantly, economies with a weaker track record in terms of economic and institutional quality …
Persistent link: https://www.econbiz.de/10003794175
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Does it pay to have the euro? : Italy's politics and financial markets under the lira and the euro
Fratzscher, Marcel; Stracca, Livio - 2009
's prosperity. The paper focuses on political events in Italy over the past 35 years and asks whether the adoption of the euro in …'s financial markets throughout the 1970s, 1980s and 1990s. The introduction of the euro appears to have indeed played a major role … interesting for other countries with weak institutions considering adopting a currency based on stronger institutions. -- Euro …
Persistent link: https://www.econbiz.de/10003867036
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Should larger reserve holdings be more diversified?
Beck, Roland; Weber, Sebastian - 2010
The notable increase in international reserve holdings over the past decade and their use during the global financial crisis of 2008/2009 has sparked renewed interest in the analysis of the optimal level of reserve holdings, in particular in countries which are subject to sudden stops. Less...
Persistent link: https://www.econbiz.de/10003973324