Showing 1 - 10 of 144
. For the flow of international bond and note issuance it has even slightly overtaken the US dollar in the second half of …
Persistent link: https://www.econbiz.de/10011604065
economies (EMEs) on configurations between the US dollar, the euro and the yen. Given the difficulty that fixed or managed US …This paper analyses the impact of the shift away from a US dollar focus of systemically important emerging market … dollar exchange rate regimes remain pervasive and reserve compositions mostly kept secret, the identification strategy of the …
Persistent link: https://www.econbiz.de/10011605019
bond and note issuance it experienced significant growth in 1999 even slightly overtaking the US dollar in the second half …
Persistent link: https://www.econbiz.de/10010317413
The paper analyses the causality between the Japanese-US relative export prices and the yen-dollar exchange rate. It … explains why the Japanese yen proved strong even during the economic slump of the 1990s. The paper suggests that the … appreciation of the Japanese yen forced the Japanese enterprises into price reductions and productivity increases, which put a …
Persistent link: https://www.econbiz.de/10010305044
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/10011604998
Most proposals for Asian monetary cooperation assign a special role to the Japanese yen as an anchor currency. We focus …
Persistent link: https://www.econbiz.de/10010295536
Using four years of second-by-second executed trade data, we study the intraday effects of a representative group of scheduled economic releases on three exchange rates: EUR/$, JPY/$ and GBP/$. Using wavelets to analyze volatility behavior, we empirically show that intraday volatility clusters...
Persistent link: https://www.econbiz.de/10010301730
quantify the effects that EMU may exert on the roles of the dollar and the yen as the other major international currencies …. Estimates presented indicate that the euro may indeed lead to a significant decline in the market share of the dollar as an …
Persistent link: https://www.econbiz.de/10010301747
During the 1990's the Japanese yen proved astonishingly strong despite the persisting recession. This paper tracks the … origins of the high yen. It analyses the influence of interest rates, prices and foreign exchange policy on the yen-dollar …. Since prices have been exe rting their influence on the Japanese currency in the long run, the high yen is explained with …
Persistent link: https://www.econbiz.de/10010305081
In this paper we analyzed the violations of UIP for the Swiss Franc against the Dollar, the Euro, the Yen, the Pound … and the Canadian Dollar using recent data up to fall 2008. This exercise provides the following main results : first the … the Euro and the Dollar, the two most important foreign currencies from a Swiss perspective. …
Persistent link: https://www.econbiz.de/10011390639