Showing 1 - 10 of 20
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...
Persistent link: https://www.econbiz.de/10011507830
Persistent link: https://www.econbiz.de/10011709663
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...
Persistent link: https://www.econbiz.de/10001753630
Soon, euro area membership could more than double, with the vast majority of accession countries being quite different …
Persistent link: https://www.econbiz.de/10001913438
Persistent link: https://www.econbiz.de/10002379604
The adoption of the euro in 1999 by 11 member states of the European Union created a single currency area second in economic size only to the United States. The euro zone's monetary policy is now set by the European Central Bank (ECB) and its Governing Council rather than by individual national...
Persistent link: https://www.econbiz.de/10002237421
Persistent link: https://www.econbiz.de/10003828202
Persistent link: https://www.econbiz.de/10003996920
Persistent link: https://www.econbiz.de/10009159828
Persistent link: https://www.econbiz.de/10009754653