Heng, Chen; Fausten, Dietrich; Wong, Wing-Keung - 2006
One possible consequence of the establishment of the Euro is a challenge to the hegemony of the US dollar as the … presence of large shocks opens a window of opportunity for the Euro to promote systemic stability. The present study pursues … Dollar/Euro exchange rate and economic fundamentals in the context of a monetary exchange rate model. Identification of the …