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economic variables determine a given country's currency bloc affiliation. The dollar bloc differs from the euro bloc in that …
Persistent link: https://www.econbiz.de/10010305207
economic variables determine a given country’s currency bloc affiliation. The dollar bloc differs from the euro bloc in that …
Persistent link: https://www.econbiz.de/10009129843
The euro is the second most important global currency after the US dollar. However, its international role has not … increased since its inception in 1999. The private sector prefers using the US dollar rather than the euro because the financial … the attractiveness of the euro outside the euro area requires, among others, a proactive role for the European Central …
Persistent link: https://www.econbiz.de/10012265943
The euro is the second most important global currency after the US dollar. However, its inter-national role has not … increased since its inception in 1999. The private sector prefers using the US dollar rather than the euro because the financial … the attractiveness of the euro outside the euro area requires, among others, a proactive role for the European Central …
Persistent link: https://www.econbiz.de/10012825125
the Euro by applying the cointegration analysis to exchange rates. The introduction of the Euro has changed the structure … credibility in the foreign exchange market, namely the Deutsche Mark, has been assimilated into the Euro. In order to evaluate if …
Persistent link: https://www.econbiz.de/10010300150
countries, as well as evidence for persistence and network externalities. Exploiting the creation of the Euro, the paper finds a … large and significant Euro liquidity effect at the cost of the dollar, especially in the early years of the life of the new … currency. The estimates suggest that the Euro is making significant progress toward threatening the role of the dollar as the …
Persistent link: https://www.econbiz.de/10003776323
the Euro by applying the cointegration analysis to exchange rates. The introduction of the Euro has changed the structure … credibility in the foreign exchange market, namely the Deutsche Mark, has been assimilated into the Euro. In order to evaluate if …
Persistent link: https://www.econbiz.de/10003582754
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/10013119934
developments are intensifying the competition between the U.S. dollar and the euro. Four possible future scenarios are developed …
Persistent link: https://www.econbiz.de/10012766914
Macroeconomic adjustment in the euro area periphery was more recessionary than pre-crisis imbalances would have …
Persistent link: https://www.econbiz.de/10012866042