economic influence on the Euro. The second gives evidence of support for Purchasing Power Parity (PPP) using monthly data … between Japan and the USA. The results indicate that high-frequency finance data can reveal the existence of long-term PPP …

economic influence on the Euro. The second gives evidence of support for Purchasing Power Parity (PPP) using monthly data … between Japan and the USA. The results indicate that high-frequency finance data can reveal the existence of long-term PPP …

derogation from adopting the euro as their currency (that is, each country joining the EU commits to replace its national … currency with the euro, but can choose when to request permission to do so). For most of these countries, adopting the euro … convergence with the rest of the euro area. …