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history effect” in which holdings seven decades ago continue to influence holdings today. 10–15% of the cross …. Our findings point to history and path dependence as key sources of financial market segmentation. …
Persistent link: https://www.econbiz.de/10011048464
bonds. We document a “history effect” in which the pattern of holdings seven decades ago continues to influence holdings … other than the dollar. Our findings point to history and path dependence as key sources of financial market segmentation …
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Remarks before the European Banking Congress, Frankfurt am Main, Germany, November 17, 2006 ; "While the ECB has delivered a currency that retains its purchasing power at least as well as the dollar, there are at least three reasons why the euro is unlikely to displace the dollar as the dominant...
Persistent link: https://www.econbiz.de/10010726043
Remarks before the European Banking Congress, Frankfurt am Main, Germany, November 17, 2006 ; "While the ECB has delivered a currency that retains its purchasing power at least as well as the dollar, there are at least three reasons why the euro is unlikely to displace the dollar as the dominant...
Persistent link: https://www.econbiz.de/10008475885