economy. The measure of a currency's global role is based on the size and stage of development of the underlying economy, as … currency. The paper applies the concept to 22 currencies of advanced and emerging economies. The results confirm the well … measure in detail, arguing that in view of financial globalisation, an indicator based on currency shares in the international …

that the safe haven literature typically considers as the traditional safe haven currency candidates. Our sample spans the … currency behavior of the Renminbi during the early part of our sample, our findings do not support the suggestion that the … Renminbi is currently a safe haven currency or that the Renminbi is progressing towards safe haven currency status …

We develop a global vector autoregressive model to study the transmission of information between currency spot markets … system, we find that currency markets are intricately linked and that the Deutsche Mark and the Yen exert a leading influence …

Currency portfolios exhibit asymmetric correlations: during periods of bear, volatile world equity markets, currency … currency characteristics. This paper also illustrates how the presence of regime shifts in financial markets affects optimal … portfolio choice across currency portfolios: during bear markets, investors are better off by unwinding carry trade positions …

Currency portfolios exhibit asymmetric correlations: during periods of bear, volatile world equity markets, currency … currency characteristics. This paper also illustrates how the presence of regime shifts in financial markets affects optimal … portfolio choice across currency portfolios: during bear markets, investors are better off by unwinding carry trade positions …

that the safe haven literature typically considers as the traditional safe haven currency candidates. Our sample spans the … currency behavior of the Renminbi during the early part of our sample, our findings do not support the suggestion that the … Renminbi is currently a safe haven currency or that the Renminbi is progressing towards safe haven currency status …