We analyze the impact of Eurozone/Germany and U.S. macroeconomic news announcements and the communication of the ….S. dollar is a base currency the impact of the news is larger than in the case of the euro, (vii) announcements on ECB monetary …

This paper studies the reaction of the mean and volatility of the euro-dollar exchange rate to statements of ECB … officials during the first years of EMU. We focus on statements on monetary policy and the (potential) strength of the euro. We … find that the Bundesbank has dominated the news coverage. We conclude that ECB statements have mainly influenced volatility …

This paper studies dynamics of endogenous business cycles and exchange rate volatility in a small open economy. Without … exhibit a higher volatility than other prices. The numerical analysis shows examples which confirm the typical empirically … observed high volatility of nominal exchange rates compared with that of real/domestic variables. …

Macroeconomic adjustment in the euro area periphery was more recessionary than pre-crisis imbalances would have … more in the Eurozone periphery than in the standard counterfactual scenario. These results are not dictated by any specific … warranted. To make this claim, this paper uses a Propensity Score Matching Model to produce counterfactuals for the Eurozone …

the exchange rates of three Central and Eastern European (CEE) currencies against the euro. First we estimate the nominal … news and communication along with the estimated exchange rate misalignment on exchange rate as well as its volatility …

This paper studies the dynamics of volatility transmission between Central European currencies and euro/dollar foreign … exchange using model-free estimates of daily exchange rate volatility based on intraday data. We formulate a flexible yet … parsimonious parametric model in which the daily realized volatility of a given exchange rate depends both on its own lags as well …

by a drop in inflation volatility. -- euro ; invoicing currency ; exchange rate risk ; inflation ; inflation risk …We present a new approach to study empirically the effect of the introduction of the euro on currency invoicing. Our …. One of the key findings is that the eurozone countries in trade with Norway have substantially increased their share of …

Poland is obligated to adopt the euro after the fulfilment, inter alia, of the exchange rate criterion which requires … estimate real Polish zloty/euro equilibrium rate. Although the main goal of our analysis is to compute measures of current and …

econometrically estimated in continuous time with Euro/Dollar data and examined for the possible presence of chaotic motion. Our …

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 …