Showing 1 - 10 of 3,863
Persistent link: https://www.econbiz.de/10011729445
Persistent link: https://www.econbiz.de/10003818919
Persistent link: https://www.econbiz.de/10011586157
This paper uses QUEST III, a multi-region DSGE model, to study the macroeconomic effects of a gradual equalization of official foreign reserves between dollars and euros. A scenario of a shift in the composition of foreign reserves holdings from the present ratio of 65 percent dollars and 25...
Persistent link: https://www.econbiz.de/10015313366
Persistent link: https://www.econbiz.de/10013445888
China has been provoked into speeding renminbi internationalization. But despite rapid growth in offshore financial … could attract even more hot money inflows, the People's Bank of China should focus on tightly stabilizing the yuan/ dollar … exchange rate to encourage naturally high wage increases for balancing China's international competitiveness. …
Persistent link: https://www.econbiz.de/10010249643
Persistent link: https://www.econbiz.de/10010411132
Persistent link: https://www.econbiz.de/10011415766
The US dollar is widely used in international trade and finance. It is the currency of choice for cross-border bank lending and international debt issuance, particularly for emerging market firms. It is also the dominant invoicing currency for trade transactions between non-US countries. Its...
Persistent link: https://www.econbiz.de/10012931103
Persistent link: https://www.econbiz.de/10003996171