euro might in the future rival or surpass the dollar as the world's leading international reserve currency appears to … currency? Unlike ten years ago, there now exists a credible competitor: the euro. This paper econometrically estimates … determinants of the shares of major currencies in the reserve holdings of the world's central banks. Significant factors include …

The euro has arisen as a credible eventual competitor to the dollar as leading international currency, much as the … major currencies in the reserve holdings of the world's central banks. Significant factors include: size of the home country … euro over the period 1999-2007. This paper updates calculations regarding possible scenarios for the future. We exclude the …

estimate a weight on the preceding year's currency share around .9). The advent of the euro …euro. This paper econometrically estimates determinants of the shares of major currencies in the …gap between the dollar and euro over the period 1999-2004. Whether the euro might in the future …

The euro has arisen as a credible eventual competitor to the dollar as leading international currency, much as the … major currencies in the reserve holdings of the world's central banks. Significant factors include: size of the home country … euro over the period 1999-2007. This paper updates calculations regarding possible scenarios for the future. We exclude the …

introduction of the euro greatly improved the functioning of euro financial markets. This paper investigates whether euro financial … markets have developed sufficiently to facilitate the emergence of the euro as a reserve currency on par with the US dollar …. We find that the liquidity and breadth of euro financial markets are fast approaching those of dollar markets, and as a …

dollar and euro over the period 1999-2004. Whether the euro might in the future rival or surpass the dollar as the world …: the euro. This paper econometrically estimates determinants of the shares of major currencies in the reserve holdings of … the world's central banks. Significant factors include: size of the home country, inflation rate (or lagged depreciation …

dollar, the euro, or the yen. Although there appear to be reasonably well-defined euro and dollar areas, there does not seem …

dollar, the euro, or the yen. Although there appear to be reasonably well-defined euro and dollar areas, there does not seem …

dollar, the euro, or the yen. Although there appear to be reasonably well-defined euro and dollar areas, there does not seem …