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This paper analyzes the factors underlying the weakness of the euro. For this purpose, the framework advocated by … sample from 1980 to 2000. However, historical decompositions reveal that fluctuations since the introduction of the euro in …
Persistent link: https://www.econbiz.de/10011473872
Persistent link: https://www.econbiz.de/10000666597
We investigate the impact of the European Central Bank's monetary policy announcements on the level and volatility of the EUR-US Dollar exchange rate employing an AR-FIGARCH specification. Using high-frequency data we estimate the individual and complementary effects of the release of the...
Persistent link: https://www.econbiz.de/10003763600
The core idea of the paper is to empirically assess the effect of Euro-Dollar Exchange rate on chosen macroeconomic … impact of Euro and US dollar exchange rate on the selected macroeconomic variables, GDP, CPI and money Supply of Pakistan …
Persistent link: https://www.econbiz.de/10013137660
The core idea of the paper is to empirically assess the effect of Euro-Dollar Exchange rate on chosen macroeconomic … impact of Euro and US dollar exchange rate on the selected macroeconomic variables, GDP, CPI and money Supply of Pakistan …
Persistent link: https://www.econbiz.de/10013137748
econometrically estimated in continuous time with Euro/Dollar data and examined for the possible presence of chaotic motion. Our …
Persistent link: https://www.econbiz.de/10013126002
two measures: continuous volatility and discontinuous jumps . Focusing on the euro-dollar exchange rate, we provide … relatively severe, and higher than normal. Disentangling the US and Euro area statements, we also find that abnormal levels of … volatility are mostly driven by the communication of the Euro area officials rather than US authorities …
Persistent link: https://www.econbiz.de/10013085549
Persistent link: https://www.econbiz.de/10012991317
This paper analyses the link between economic fundamentals and exchange rates by investigating the importance of real …-time data. We find that such economic news in the United States, Germany and the euro area have indeed been a driving force … behind daily US dollar - euro/DEM exchange rate developments in the period 1993-2003. The larger importance of US …
Persistent link: https://www.econbiz.de/10013319332
force in world capital markets, although the importance of EU monetary policy decisions has been increasing and a Euro bloc …
Persistent link: https://www.econbiz.de/10013320230