Avellaneda, Maria Belen (2008): The Transatlantic Economy Dollar vs Euro relations amid the Global Financial Crisis.
Preview |
PDF
MPRA_paper_22362.pdf Download (529kB) | Preview |
Abstract
The present study intends to describe and analyze recent trends in foreign exchange markets, specifically the United States Dollar and the Euro relations as well as the fundamentals behind monetary assets. It brings to light the relationship between economic variables and monetary policy as well as the importance of geostrategic positions and power. Fundamentally, it analyzes the current financial crisis and the importance of monetary decisions.
Item Type: | MPRA Paper |
---|---|
Original Title: | The Transatlantic Economy Dollar vs Euro relations amid the Global Financial Crisis |
Language: | English |
Keywords: | Monetary Policy; Economy; Transatlantic; Dollar; Euro; Financial Crisis; Foreign Exchange; Markets; Market; Money; Currencies; Currency |
Subjects: | O - Economic Development, Innovation, Technological Change, and Growth > O4 - Economic Growth and Aggregate Productivity > O42 - Monetary Growth Models E - Macroeconomics and Monetary Economics > E0 - General P - Economic Systems > P4 - Other Economic Systems > P43 - Public Economics ; Financial Economics A - General Economics and Teaching > A1 - General Economics O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies N - Economic History > N2 - Financial Markets and Institutions O - Economic Development, Innovation, Technological Change, and Growth > O1 - Economic Development > O16 - Financial Markets ; Saving and Capital Investment ; Corporate Finance and Governance E - Macroeconomics and Monetary Economics > E4 - Money and Interest Rates |
Item ID: | 22362 |
Depositing User: | Maria Belen Avellaneda |
Date Deposited: | 29 Apr 2010 00:16 |
Last Modified: | 30 Sep 2019 11:15 |
References: | Ahearne, Alan et al. "Global imbalances: Time for action" Peterson Institute for International Economics Policy Brief PB07-4 (March 2007) Aizenman, Joshua and Nancy Marion. "The High Demand for International Reserves in the Far East: What's Going On?", Journal of the Japanese and International Economies 17/3, pp. 370-400. (2003) Bank of International Settlements. Annual Reports # 76, 77, 78. (2006. 2007, 2008) Bank for International Settlements. Triennial Central Bank Survey: Foreign Exchange and Derivative Market Activity in 2007, Bank for International Settlements, Basel. (2007). Bernanke Ben. “The global Savings glut”. Federal Reserve. (2005) Calvo, Guillermo A., and Carmen M. Reinhart, “Fear of Floating,” Quarterly Journal of Economics, Vol. 117 (May), pp. 379–408. (2002) Clifford Catherine. Dollar rises against euro, pound, yen. CNNMoney. December 2008 Chinn, Menzie, and Jeffrey Frankel, 2005, “Will the Euro Eventually Surpass the Dollar?” Paper presented at the NBER Conference, G7 Current Account Imbalances: Sustainability and Adjustment, Cambridge, Massachusetts, June. Chinn, Menzie - Frankel Jeffrey. The Euro May over the Next 15 Years Surpass the Dollar as Leading International Currency. Harvard. JFK School of Government. Faculty Research Working Papers Series. (2008) Cohen, Benjamin J. Forecasting the Euro’s future. FT. (13 September 2008) Cohen, Benjamin J. “Enlargement and the International Role of the Euro,” Review of International Political Economy 14: 5 (December), 746-773. (2007) Chih Kwan Chen. A TRADE BALANCE WEIGHTED DOLLAR INDEX forcastglobaleconomy.com (November 17, 2006) Craig K. Elwell Specialist in Macroeconomic Policy Government and Finance Division. Dollar Crisis: Prospect and Implications. CRS Report for Congress. (January 8, 2008) Credit Suisse. ECB Watch Giant leap or small step? Research Report. (December, 2008) Credit Suisse. Euro area and UK Economics: Call it unconventional. (December, 2008) Credit Suisse. Euro Area Weekly: And now some real stimulus (October, 2008) Eichengreen, Barry, and Mathieson, Donald. "The Currency Composition of Foreign Exchange Reserves: Retrospect and Prospect." International Monetary Fund (Washington, D.C.) Working Paper 131, (July 2000) Eichengreen Barry. Sterling's Past, Dollar's Future: Historical Perspectives on Reserve Currency Competition. University of California, Berkeley - Department of Economics; National Bureau of Economic Research (NBER); Centre for Economic Policy Research (CEPR) NBER Working Paper No. W11336. (May 2005) European Economic Advisory Group, "How much real dollar depreciation is needed to correct global imbalances?" Report on the European Economy 2008 chapter 2, "The European Economy: Macroeconomic outlook and policy" CES/IFO Munich (2008) Ewe-Ghee Lim. The Euro’s Challenge to the Dollar: Different Views from Economists and Evidence from COFER (Currency Composition of Foreign Exchange Reserves) and Other Data. IMF Working Papers. (2006) Federal Reserve Report to Congress. Monetary Policy. 1998-2008 Federal Reserve. Press Release. October 21, 2008. Koo, Richard C. Easing Out of Quantitative Easing. Business Week. (2006) http://www.businessweek.com/globalbiz/content/may2006/gb20060512_279930.htm Henning, C. Randall, "Organizing foreign exchange intervention in the Euro Area" Journal of Common Market Studies vol. 45 no. 2. pp. 315-42. - (June 2007) International Monetary Fund. World Economic Outlook. (2007 and 2008) International Monetary Fund. Constructing a New European Financial Stability Framework. (2008) International Monetary Fund. Global Financial Stability Report. (October 2008) Krugman, "Will there be a dollar crisis?" Economic Policy (July 2007) pp. 435-67. - Mellor William and Lim Le-Min. BRIC Shoppers Will ‘Rescue World’ Says Goldman Sachs Economist. 2008-11-30 16:02:00.2 GMT. Bloomberg. (2008) Münchau Wolfgang. Why the British may decide to love the euro. Financial Times. (November 16 2008) Papaioannou, Elias; Portes, Richard, and Siourounis, Gregorios. (2008). "Allocation of International Reserves Across Asset Classes." Mimeo London Business School. Papaioannou, Elias and Portes, Richard. The International Role of the Euro: a report status. European Commission. (2008) Posen, Adam. “Not Yet for the Euro”. Peterson Institute. (2007). Truman, Edwin. Postponing Global Adjustment, Institute for International Economics Working Paper 05-6, July, Washington DC. (2005) The Census Bureau. www.census.gov VoxEU.org publication.. Edited by Barry Eichengreen and Richard Baldwin. What G20 leaders must do to stabilise our economy and fix the financial system Centre for Economic Policy Research (CEPR). (2008) CNN. Fed slashes rates again. October 2, 2001http://money.cnn.com/2001/10/02/economy/fed/ U.S. dollar slides to six-year low against Brazilian real. Xinhua (2007) |
URI: | https://mpra.ub.uni-muenchen.de/id/eprint/22362 |