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 …

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 …

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 …

the Dollar/Euro exchange rate. This version is based on the differential of inflation expectations derived from inflation …-indexed bonds for the Euro area and the USA. Using the longest daily data a for both the Dollar/Euro exchange rate and for the …

Despite an extensive body of research, the best way to model the dependence of exchange rates remains an open question … a dynamic specification for the correlation using the Fisher transformation. Applied to Euro/US dollar and Japanese Yen …

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 …

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 …

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 …