In this article, we explore the demand for the euro for risk management purposes, and the evidence of stock market … integration in the euro area. We define a reserve currency as one that investors demand either because it helps them hedge real … its return is negatively correlated with the returns on those assets. This article re-examines the role of the euro as a …

world economy. Risk perception depends on the GDP growth. If the world GDP was growing – the euro became stronger, if the …Bakalauro baigiamajame darbe nagrinėjamas euro ir JAV dolerio kursas 1999-2011 metais ir jo perspektyvos. Pirmoje … fundamentalioji analizė ir išanalizuoti pagrindiniai makroekonominiai euro zonos ir JAV rodikliai. Nustatyta, kad ilguoju laikotarpiu …

Czech authorities aimed at mitigating valuation losses on euro-denominated assets. The policy was explicitly not intended to … influence the value of the koruna relative to the euro. Initially the timing and size of reserve sales was not predictable …

The main purpose of this dissertation is to solve the following question: How will the emergence of the Euro influence … out, that the Euro's emergence will not change the fact that the USD will continue to be the major currency of transaction … the USD to the Euro. …

after the introduction of the euro for the EMU countries asopposed to the non-EMU countries. I do not obtain strong evidence … supporting PPP forthe EMU countries since the euro adoption, but the faster mean reversion I observe inthe few EMU countries …) countriesthat adopted the euro, and 3 non-EMU countries] from 1993 to 2002 using a dynamicpanel data model. My main contributions to …