. The progressive relation between the two major currencies, i.e. the U.S. dollar and the Euro, is to be considered as a …

This paper estimates the speed and determinants of euro adoption across Italian provinces by exploiting the natural … experiment in early 2002 when euro and lira dually circulated as legal tender. A unique data set with daily observations on the … net flows of euro banknotes from the branches of the Bank of Italy, province by province, is used. The speed of euro …

The paper is aimed at presenting the extent to which dollar and euro fulfil particular functions of world money. At the … by foreign entities in trade and international finance. Then, the degree to which dollar and euro functioned as world … money in the period 1999 - 2007 is subject to verification. Finally, dollar and euro prospects for becoming international …

The paper is aimed at presenting the extent to which dollar and euro fulfil particular functions of world money. At the … by foreign entities in trade and international finance. Then, the degree to which dollar and euro functioned as world … money in the period 1999 - 2007 is subject to verification. Finally, dollar and euro prospects for becoming international …

We present a new approach to study empirically the effect of the introduction of the euro on currency invoicing. Our … home currency invoicing after the introduction of the euro. In addition, the euro as a vehicle currency has overtaken the … approach uses a compositional multinomial logit model, in which currency choice depends on the characteristics of both the …