This essay will evaluate the experience of the first decade of EMU and the euro in historical perspective. It will … ground the establishment of EMU and the euro in the context of the history of international monetary cooperation and of … arrangements will serve as a backdrop for an evaluation of the euro's performance and challenges in future decades. The essay will …

The Swedish referendum in September 2003 on adopting the euro or keeping the domestic currency, the krona, represents a … European integration process heavily influenced the views of the voters towards the euro. …

The Swedish referendum on the euro in September 2003 is an exceptional event for researchers of monetary unions and of … euro, the single currency of the European Union. The referendum revealed significant dividing lines between Yes- and No … membership of the euro area as they were perceived by the voters. The OCA approach builds upon the trade-off between reducing …

We survey the evidence on the international role of the euro a decade after its introduction. In the early nineties … political disintegration and economic divergence. In contrast, some argued that the euro could become a major international … incrementally among a number of dimensions, and a ‘middle-euro' scenario is emerging from the ‘quasi-status-quo'. The share of …

the euro's internationalization on financial markets, and presents data on the impact of the single currency on private … credit. It considers recent work on the effect of the euro on financial integration and the implications of the euro's rising … internationalization on the liquidity premium. Then it turns to the vehicle currency role of the euro and presents some results using new …

permanently their exchange rate vis-à-vis the euro at a given parity,  exchange rate stability prevents unilateral changes in the …

The present paper anticipates that the European Monetary Unit, the Euro, will grow stronger as compared to its US …

In this article, we explore the demand for the euro for risk management purposes, and the evidence of stock market … integration in the euro area. We define a reserve currency as one that investors demand either because it helps them hedge real … its return is negatively correlated with the returns on those assets. This article re-examines the role of the euro as a …