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Why has the Euro been falling?
Sinn, Hans-Werner; Westermann, Frank - 2001
nineties and the puzzling decline of the euro during its virtual existence to changes in the demand for deutschmarks in eastern … the dollar and the weakness of the euro reflect the prosperity of the US and the weakness of the European economy on both …
Persistent link: https://www.econbiz.de/10011398903
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Why Has the Euro Been Falling?
Sinn, Hans-Werner; Westermann, Frank - 2021
nineties and the puzzling decline of the euro during its virtual existence to changes in the demand for deutschmarks in eastern … the dollar and the weakness of the euro reflect the prosperity of the US and the weakness of the European economy on both …
Persistent link: https://www.econbiz.de/10013320908
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Substituting a substitute currency : the case of Estonia
Heimonen, Kari - 2001
Persistent link: https://www.econbiz.de/10001620492
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'Here, Dollars, Dollars...' - Estimating Currency Demand and Worldwide Currency Substitution
Doyle, Brian M. - 2000
I obtain very different percentage estimates of the American, German and Swiss currency that are held outside of these nations than previously done. My estimates are based on currency demand equations implied by cointegrating vectors for Canada, Holland, and Austria. In 1996, the United States...
Persistent link: https://www.econbiz.de/10014154138
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Financial development and dollarization in Ghana : an empirical investigation
Tweneboah, George; Gatsi, John Garchie; Asamoah, … - In: Cogent economics & finance 7 (2019) 1, pp. 1-21
This study strengthens the frontiers of research on the drivers of dollarization in emerging economies by exploring the case of Ghana using the autoregressive distributed lag modelling framework. The data for the study spanned from January 2002 to March 2016. The evidence suggests that...
Persistent link: https://www.econbiz.de/10014232353
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Cash Dollars Abroad
Hellerstein, Rebecca - 2011
instability, competition with other currencies (the euro), and trade flows, along with the usual suspects such as country size … informal sector. Finally, we find a pattern of elasticities consistent with substitution from the dollar to the euro as a … secondary currency in countries with significant trade with the euro area …
Persistent link: https://www.econbiz.de/10013134235
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Choice of the Substitution Currency in Russia : How to Explain the Dollar's Dominance?
Dorbec, Anna - 2007
for the euro by Russian economic agents is tested for the period 1999-2004. Finally we suggest a theoretical …
Persistent link: https://www.econbiz.de/10012729550
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Monetary Disequilibria and the Euro/Dollar Exchange Rate
Nautz, Dieter - 2016
Persistent link: https://www.econbiz.de/10012991317
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Vehicle currency pricing and exchange rate pass-through
Chen, Natalie; Chung, Wanyu; Novy, Dennis - 2019
Using detailed firm-level transactions data for UK imports, we find that invoicing in a vehicle currency is pervasive, with more than half of transactions in our sample invoiced in neither sterling nor the exporter's currency. We then study the relationship between invoicing currency choices and...
Persistent link: https://www.econbiz.de/10012029070
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The Dynamics of Currency Substitution, Asset Substitution and De Facto Dollarization and Euroization in Transition Countries
Feige, Edgar L. - 2019
This paper presents new evidence on the dynamics of dollarization and euroization for twenty-five transition countries. Estimates of the amount of foreign currency in circulation (FCC) in transition countries are used to develop a new comprehensive dollarization index (CDI) and separate indices...
Persistent link: https://www.econbiz.de/10012868965