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We investigate in this paper the skirmishes that the US dollar and the Euro had from 2007 to 2011 and, in particular …
Persistent link: https://www.econbiz.de/10013114540
euro and the Chinese renminbi (RMB). It focuses on what we call China’s “dominance hypothesis”, i.e. whether the renminbi …
Persistent link: https://www.econbiz.de/10011605438
economies (EMEs) on configurations between the US dollar, the euro and the yen. Given the difficulty that fixed or managed US … have a statistically but also an economically significant impact on the euro, and to a lesser extent the yen against the US … the appreciation of the euro against the US dollar in recent years. Interestingly, EME policy-makers appear to have become …
Persistent link: https://www.econbiz.de/10011605019
the euro's foreign exchange expectation bias for the period 2001 to 2005. Our findings suggest that euro foreign exchange … exchange markets anticipated the gradual demise of the SGP. 1) For the expectation bias in euro foreign exchange markets we do …
Persistent link: https://www.econbiz.de/10010334518
in the empirical analysis consist of daily observations of implied volatilities for OTC options on the euro, Japanese yen …, the results indicate that the euro is the dominant currency, as the implied volatility term structure of the euro is found … to affect all the other volatility term structures, while the term structure of the euro appears to be virtually …
Persistent link: https://www.econbiz.de/10011604576
definition of price stability at a time of deflationary pressures. The euro's exchange rate has not been greatly impacted by the … recent currency war; the euro continues to be overvalued, but less than before. …
Persistent link: https://www.econbiz.de/10010494451
definition of price stability at a time of deflationary pressures. The euro's exchange rate has not been greatly impacted by the … recent currency war; the euro continues to be overvalued, but less than before. -- currency war ; quantitative easing …
Persistent link: https://www.econbiz.de/10008807421
the euro's foreign exchange expectation bias for the period 2001 to 2005. Our findings suggest that euro foreign exchange … exchange markets anticipated the gradual demise of the SGP. 1) For the expectation bias in euro foreign exchange markets we do …
Persistent link: https://www.econbiz.de/10009569731
euro and the Chinese renminbi (RMB). It focuses on what we call China's "dominance hypothesis", i.e. whether the renminbi … dollar ; euro ; German dominance hypothesis …
Persistent link: https://www.econbiz.de/10009380945
the euro-dollar exchange rate, within a three-country, three-currency portfolio model. Our static model shows that the … euro-dollar rate, whatever the exchange-rate regime of China. Moving to a dynamic, stock-flow framework, we show that the … shock. -- China ; yuan ; exchange-rate regime ; euro ; dollar …
Persistent link: https://www.econbiz.de/10009721995