This paper analyses mutual causalities between crude oil price and euro / US dollar exchange rate. Instead of focusing …

exchange rate to one of the politically most important exchange rates, the exchange rate of the US dollar vis-à-vis the euro … (the DM). We use monthly data from 1975:01 to 2007:12. Applying a novel time-varying coefficient estimation approach …

/methodology/approach: We formulated the following hypothesis: Depreciation of the Euro versus American dollar exchange rate occurred in the … period of financial and fiscal crisis (2008-2014). The main reasons for that included: fiscal crisis in the euro area …, implementation of standard and non–standard (quantitative easing) ECB monetary policy measures and growth of money supply in the euro …

At the beginning of 1999 the euro was launched as a common currency in 11 EuropeanZum Jahresbeginn 1999 wurde der Euro …