We examine how euro conversion affected trading costs and volume in European equity markets. Euro conversion … deteriorated in some markets and improved in others. These effects occurred on both euro and non-euro European exchanges. Our … results are strongly consistent with the hypothesis that euro conversion boosted competition for order flow among the …

the exchange rates of three Central and Eastern European (CEE) currencies against the euro. First we estimate the nominal …

function of a sample of exchange rate forecasters is asymmetric in the forecast error. Using forecasts of the euro …

In this paper we use three euro exchange rates to test for the presence of volatility spillovers, common volatility …

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

force in world capital markets, although the importance of EU monetary policy decisions has been increasing and a Euro bloc …

The aim of the research is the evaluation of the exchange rate of the Euro after the first six months of its existence … Euro external value is strictly connected with the agents? confidence on real, financial and foreign exchange markets; (ii … determined a short-term capital outflow in favour of US Dollar denominated assets and, hence, an Euro depreciation. The …

central and east Europe. Bilateral nominal equilibrium exchange rates against the euro are obtained through algebraic … when these exchange rates are expressed in nominal terms against the euro …

This paper attempts to measure the degree of misalignment of the euro - in particular against the dollar - by … estimating equilibrium exchange rates for the euro and the rest of G-7 currencies. Building on the methodology of Alberola et al … equilibrium real rates into bilateral equilibrium nominal rates. The results uncover that the euro is the only currency that shows …