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This is the only book in print in the world about the single global currency, and is the only book in the world priced … enable people of different currency areas to trade. That system has become far more sophisticated in the meantime and handles … currency. In a 3-G world with a single global currency managed by a global central bank within a global monetary union …
Persistent link: https://www.econbiz.de/10005787163
The optimal currency for a country is an important topic. While it is difficult to identify the best option overall …: Which currency is best for business in a small country? Several kinds of currencies are discussed and three criteria that … in a small country seems to be a currency board with a fixed exchange rate that can be adapted in case of a crisis. A …
Persistent link: https://www.econbiz.de/10011695417
currencies and adopted a new common currency, the euro. Several recent papers argue that the introduction of the euro has led (by …
Persistent link: https://www.econbiz.de/10010296364
increasingly desirable and necessary. This paper suggests that East Asia’s emerging economies begin with a currency basket system … Asia ; yen and yuan ; new Bretton Woods system ; G-3 or G3-plus currency basket regime ; Asian currency unit (ACU) …
Persistent link: https://www.econbiz.de/10003483059
currencies and adopted a new common currency, the euro. Several recent papers argue that the introduction of the euro has led (by …
Persistent link: https://www.econbiz.de/10010261162
We present a new approach to study empirically the effect of the introduction of the euro on the pattern of currency … invoicing. Our approach uses a compositional multi-nomial logit model, in which currency choice is explained by both currency … 1996-2006 period. We find that eurozone countries have substantially increased their share of home currency invoicing after …
Persistent link: https://www.econbiz.de/10013129945
We present a new approach to study empirically the effect of the introduction of the euro on the pattern of currency … invoicing. Our approach uses a compositional multinomial logit model, in which currency choice is explained by both currency … countries for the 1996–2006 period. We find that eurozone countries have substantially increased their share of home currency …
Persistent link: https://www.econbiz.de/10013089132
We present a new approach to study empirically the effect of the introduction of the euro on the pattern of currency … invoicing. Our approach uses a compositional multinomial logit model, in which currency choice is explained by both currency … countries for the 1996-2006 period. We find that eurozone countries have substantially increased their share of home currency …
Persistent link: https://www.econbiz.de/10013112497
optimal allocations. Implications for a currency union in Europe are discussed …
Persistent link: https://www.econbiz.de/10012782365
creation of a multilateral currency arrangement where some of the national currencies could be used for trade settlement within …
Persistent link: https://www.econbiz.de/10013047513