Guo, Hui (contributor); Savickas, Robert (contributor) - 2005
-98 and the nominal euro/U.S. dollar rate for the period 1999-2003.
3
Figure 1 reveals a
strong positive relation: A high ….g., the Deutsche mark/U.S. dollar rate. With the introduction of the euro in 1999, data for euro
area countries are only … robust, we also analyze the full
sample period 1973:Q1 to 2004:Q2 for non-euro area countries. Following the early …