Narrow search
Showing 61 - 70 of 148,955
Cover Image
Global Roles of Currencies
Thimann, Christian - 2021
This paper presents a new concept - the global roles of currencies. The concept combines the domestic and international (cross-border) use of currencies and therefore captures the overall importance of different currencies in a globalised economy. The measure of a currency's global role is based...
Persistent link: https://www.econbiz.de/10013316395
Cover Image
The Political Economy of Reducing the United States Dollar’s Role as a Global Reserve Currency
Yap, Josef T. - 2011
dominated by the US dollar in the foreseeable future. It also explains why the People’s Republic of China is unlikely to make …
Persistent link: https://www.econbiz.de/10014179435
Cover Image
Liquidity, Debt Denomination, and Currency Dominance
Coppola, Antonio; Krishnamurthy, Arvind; Xu, Chenzi - National Bureau of Economic Research - 2023
pound sterling, the transition to the dollar, and the ongoing debate about the potential rise of the Chinese renminbi …
Persistent link: https://www.econbiz.de/10014226181
Cover Image
The Economics of International Monies
Dwyer, Gerald P.; Lothian, James R. - 2014
The economics of international monies is likely to be informative about the future of the euro. The authors summarize the history of international monies, from the gold solidus introduced in the fourth century to the present. They identify four common characteristics of these currencies: high...
Persistent link: https://www.econbiz.de/10014025958
Cover Image
The Economics of International Monies
Dwyer, Gerald P.; Lothian, James R. - 2010
The purpose of this paper is to examine the history of international monies and the theory related to their adoption and use. We summarize the history of international monies, beginning with a discussion of the gold solidus introduced in the fourth century by the Emperor Constantine, continuing...
Persistent link: https://www.econbiz.de/10014028738
Cover Image
Dollar Rivals
Frankel, Jeffrey A. - National Bureau of Economic Research - 2023
Written on the 50th anniversary of floating exchange rates, this paper deals with possible alternatives to a unipolar dollar-based system. It considers (1) measures of international currency use; (2) potential challengers to the dollar; (3) network externalities; and (4) the plausibility of gold...
Persistent link: https://www.econbiz.de/10014322863
Cover Image
Dollar Rivals
Frankel, Jeffrey A. - 2023
Written for a PIIE conference on the 50th anniversary of floating exchange rates, this paper deals with possible alternatives to a unipolar dollar-based system. It considers (1) measures of international currency use; (2) potential challengers to the dollar; (3) network externalities; and (4) the...
Persistent link: https://www.econbiz.de/10014347796
Cover Image
Revisiting the internationalization of the yuan
Yu, Yong-ding - 2012
) government bonds, the People's Republic of China (PRC) needs a currency with international status that can match its economic …
Persistent link: https://www.econbiz.de/10009557903
Cover Image
How far can renminbi internationalization go?
Yu, Yong-ding - 2014
impressive inroads. The progress in renminbi trade settlement is especially impressive. However, Hong Kong, China's offshore … is the sheer size of the People's Republic of China's (PRC) trade and the convenience of using the renminbi for …Since the formal launch of the renminbi trade settlement scheme in 2009, renminbi internationalization has made …
Persistent link: https://www.econbiz.de/10010242063
Cover Image
RMB Internationalization : What is in for Taiwan?
García-Herrero, Alicia - 2013
follow such steps. First, Taiwan's economic ties with China are substantial both in trade and FDI and they are set to be …
Persistent link: https://www.econbiz.de/10013083189