Laser, Falk Hendrik; Weidner, Jan - 2020
international reserves. Using a dataset of 36 countries (and the euro area) for the years from 1996 to 2016, we identify currency … motives for the composition of currency reserves. The euro crisis appears to have been a setback for the euro, which … temporarily seemed to challenge the US dollar as the most important international reserve currency and potentially impacted the …