. Estimates presented indicate that the euro may indeed lead to a significant decline in the market share of the dollar as an … widely expected that the euro will become an important international currency. This paper suggests simple methods how to … 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 … widely expected that the euro will become an important international currency. This paper suggests simple methods of how to … quantify the effects that EMU may exert on the roles of the dollar and the yen as the other major international currencies …

We investigate possible presence of time-varying risk premia in forward pound, yen,and Euro monthly exchange rates … versus the US dollar 3 over the last two decades. We study this issue using regression techniques and separately using a …-varying risk premium component in yen and Euro. The same model provides evidence for the presence of risk premium in pound over a …

We investigate time varying risk premia in forward dollar/pound monthly exchange rates over the last two decades. We …

the U.S. dollar. To avoid further turmoil, the IMF now argues that these currencies should float more freely. However, our … econometric estimations show that the dollar's predominant weight in East Asian currency baskets has returned to its pre …-crisis levels. By 2002, the day-to-day volatility of each country's exchange rate against the dollar has again become negligible. In …

This paper tests the hypothesis on market efficiency for returns on the euro against fifteen currencies while assuming …