Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/19293
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dc.contributor.authorShams, Rasulen_US
dc.date.accessioned2009-01-28T15:57:05Z-
dc.date.available2009-01-28T15:57:05Z-
dc.date.issued2005en_US
dc.identifier.urihttp://hdl.handle.net/10419/19293-
dc.description.abstractOn January 1,1999 euro became the currency for 11 member states of the EuropeanUnion. Since then the dollar-euro exchange rate has completed a full turning. Threeyears of depreciation of the euro followed by three years of appreciation without wildfluctuations asks for an explanation which would adequately account for the position ofthe euro as an emerging international currency. In this paper, first we present a concisesummary of the theory of world money. Then we apply the theory to explain thedevelopment of the exchange rat of euro versus dollar in the subperiods 1999-2002 and2002-2004.en_US
dc.language.isoengen_US
dc.publisher|aHamburg Institute of International Economics (HWWA) |cHamburgen_US
dc.relation.ispartofseries|aHWWA Discussion Paper |x321en_US
dc.subject.jelG15en_US
dc.subject.jelF41en_US
dc.subject.jelF3en_US
dc.subject.ddc330en_US
dc.subject.keywordExchange Ratesen_US
dc.subject.keywordBalance of Paymentsen_US
dc.subject.keywordInternational currencyen_US
dc.subject.stwReservewährungen_US
dc.subject.stwEuroen_US
dc.subject.stwUS-Dollaren_US
dc.subject.stwWechselkursen_US
dc.subject.stwGeldgeschichteen_US
dc.subject.stwWelten_US
dc.subject.stwEU-Staatenen_US
dc.subject.stwVereinigte Staatenen_US
dc.titleDollar-Euro Exchange Rate 1999-2004 : Dollar and Euro as International Currenciesen_US
dc.typeWorking Paperen_US
dc.identifier.ppn489066097en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:hwwadp:26228-

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