whether the private capital markets will be able to replace the government in providing output smoothing in the euro-area, in … countries, the EU-15 or euro-area countries, for the period 1970-1999. However, there were shown to be considerable differences … between the euro-area and the successful monetary union of the USA: the euro-area showed a much lower insurance of asymmetric …

In this paper we analyzed the violations of UIP for the Swiss Franc against the Dollar, the Euro, the Yen, the Pound … the Euro and the Dollar, the two most important foreign currencies from a Swiss perspective. … and the Canadian Dollar using recent data up to fall 2008. This exercise provides the following main results : first the …