the transaction price and exposure to exchange rate fluctuations. We find that the choice of price and invoicing currency …-importer transactions, but also for aggregate variables such as the average price, the average choice of invoicing currency, and the … correlation between invoicing currency and the size of trade transactions. …

currencies and adopted a new common currency, the euro. Several recent papers argue that the introduction of the euro has led (by …

the transaction price and exposure to exchange rate fluctuations. We find that the choice of price and invoicing currency …-importer transactions, but also for aggregate variables such as the average price, the average choice of invoicing currency, and the … correlation between invoicing currency and the size of trade transactions. …

currency capital markets. Authorities in EU candidate and potential candidate countries have already engaged in such endeavours …

(economic overheating, currency overvaluation) and increase financial vulnerabilities (domestic credit growth, bank leverage …, foreign currency-denominated lending). But are all inflows the same? In this paper, we examine whether the source of the …

It would seem that physical currency should be fading out as the world of payments is increasingly electronic, with new … times and places where local currency or bank deposits are inferior. After allowing for the effect of crises, demand for U … this work, I review developments in demand for U.S. currency since the collapse of Lehman Brothers in late 2008 with a …

The optimal currency for a country is an important topic. While it is difficult to identify the best option overall …: Which currency is best for business in a small country? Several kinds of currencies are discussed and three criteria that … in a small country seems to be a currency board with a fixed exchange rate that can be adapted in case of a crisis. A …

' prices (especially commodities) - during the analyzed time periodthe average flows to commodity or currency ETCs were close …

, based on an internationally respected and powerful reference currency, in addition to increased investment propensity of …