Bénassy-Quéré, Agnès; Capelle, Damien - Centre d'Économie de la Sorbonne, Université Paris 1 … - 2012
We study the impact of a broadening of the SDR basket to the Chinese currency on the composition and volatility of the basket. Although, in the past, RMB inclusion would have had negligible impact due to its limited weight, a much more significant impact can be expected in the next decades, and...