Ehrmann, Michael; Osbat, Chiara; Stráský, Jan; … - In: Journal of International Money and Finance 49 (2014) PB, pp. 319-339
This paper studies the determinants of the euro exchange rate volatility during the European sovereign debt crisis, allowing a role for macroeconomic fundamentals, policy actions and the public debate by policy makers. It finds that the euro exchange rate mainly danced to its own tune, with a...
