Revising the structure of the Euro index to improve measurement of movements in the currency markets

This paper applies the same methodology applied by Essayyad et al. (2009) to the construction of an alternative Euro dollar index. Specifically, it employs multivariate statistical tests to identify weights based on 12 economic and financial factors that are deemed theoretically more relevant in building an alternative Euro Index (EI) that would reflect more accurately the movements in the currencies making up that index.

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Year of publication:	2011
Authors:	Essayyad, Musa ; Albinali, Khaled ; Al-Titi, Omar
Published in:	International Journal of Monetary Economics and Finance. - Inderscience Enterprises Ltd, ISSN 1752-0479. - Vol. 4.2011, 3, p. 297-308
Publisher:	Inderscience Enterprises Ltd
Subject:	Euro index \| dollar index \| currency index \| multivariate statistical analysis \| international finance \| international trade \| currency markets \| currency movements

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Extent:	text/html
Type of publication:	Article
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10009352479