Germany have publicly supported the euro in the weeks before a bailout program got enacted by the European Council in July …

This study develops a parsimonious stable coe?cient money demand model for Estonia for the period from 1995 till 2006 … Member States of the European Union that committed themselves to adopting of the Euro currency in the near future. …

for the euro by Russian economic agents is tested for the period 1999-2004.Finally we suggest a theoretical interpretation …

traditional portfolio objectives as debt to reserve ratios decrease. We empirically estimate optimal dollar and euro shares for 24 … reserve ratios, introducing transactions demand has a relatively modest effect. We also find that euro and dollar bonds act as … in Asia and Latin America, while the euro is a better hedge for sudden stops in Emerging Europe. We reproduce …

euro and the Chinese renminbi (RMB). It focuses on what we call China’s “dominance hypothesis”, i.e. whether the renminbi …

moving the US dollar, yen and euro in the intended direction at horizons of up to three months after G7 meetings, but not at …

exchange rates and money demand is more or less disconnected. This paper tries to fill the gap for the Euro/Dollar exchange …

Foreign exchange reserve accumulation has risen dramatically in recent years. The introduction of the euro, greater … currencies. Making various assumptions on expected currency returns and the variance-covariance structure, we assess how the euro …-free) currency. (ii) The optimum portfolios show a much lower weight for the euro than is observed. This suggests that the euro may …