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volatility, especially in the past decade. Nevertheless, dollarised countries benefit from higher levels of investment and trade …
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We investigate the impact of the European Central Bank's monetary policy announcements on the level and volatility of …
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The aim of this paper is to detect periods in which two currencies can be classified as being theʺsameʺ asset. Two currencies can be treated as the same asset if their exchange rates vis-`a-vis the same base currency are cointegrated with a cointegration vector that is consistent with the...
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