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There is already a substantial literature documenting the fact that low yield currencies typically appreciate during times of global financial stress and behave as safe havens. The main objective of this paper is to find out what the fundamentals of safe haven currencies are. We analyse a large...
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the Swiss franc since the inception of this lower bound. Being a prime example of a safe haven currency, the Swiss franc … appreciation pressure on the Swiss currency at the lower bound. We conclude that the Swiss franc lower bound helps stabilizing the … value of the Swiss currency. …
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This empirical study investigates if people's concerns about the euro currency affect their life satisfaction. A … using the intensity of media coverage on the euro crisis with its extraordinary events throughout the year 2011 as an … about the euro on people's satisfaction with life. The first potential explanation is that perceived economic insecurity …
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