global willingness to hold the US dollar, an international currency bias, means that even small US firms that borrow … exclusively in dollars have little difficulty borrowing from abroad. Global portfolios shifted sharply away from the euro and … toward the dollar starting with the 2008 financial crisis, further cementing the dollar's international role and amplifying …

abroad. Global portfolios shifted sharply away from the euro and toward the dollar starting with the 2008 financial crisis … with the exception of international currency issuers such as the US. The global willingness to hold the US dollar, or …, further cementing the dollar's international role and amplifying the benefit that its status brings to the US. We rationalize …

This paper discusses the factors determining the international use of the euro, the relation of it with the ECB … monetary policy and the overall use of the euro in the international monetary system since its introduction. The euro has … become the second most important international currency after the dollar and in advance of the yen. Changes in this role …

This paper discusses the factors determining the international use of the euro, the relation of it with the ECB … monetary policy and the overall use of the euro in the international monetary system since its introduction. The euro has … become the second most important international currency after the dollar and in advance of the yen. Changes in this role …

This study aims to evaluate the impact of major and minor changes in the Euro Zone and US interest rates on the EUR …

US dollar as a reserve currency. Robert Triffin was one of those critical of this "exorbitant" privilege granted to the … underlies the dollar reserve system. However, there are major obstacles to this proposal. Some analysts including Triffin cited … the US security umbrella as the primary reason the US and its major allies would want to retain the role of the dollar in …