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Keywords:European currency unit 

Journal Article
A European system of central banks: observations from abroad

A proposal for establishing price stability as the sole objective of a European system of central banks.
Economic Commentary , Issue Nov

Journal Article
Beyond the border : Europe - risk and reward under monetary unification

Southwest Economy , Issue Nov , Pages 9-10

Working Paper
The role of the euro as an international currency

The creation of the euro will link an economy that is nearly as large and as open as the United States. Does this imply that the euro will rival the role of the dollar as an international currency? This paper addresses this question through an examination of the determinants of the use of an international currency. It examines both the prospects of the euro becoming an international currency and the implications for the European Union and the United States.
Working Papers , Paper 1997-021

Journal Article
European Monetary Union faces tough decisions

Economics Update , Issue Oct , Pages 5

Journal Article
Decision time for European Monetary Union

If the plans of European governments for economic and monetary union by the end of the decade are realized, a new common currency called the euro will be in use in at least a few western European countries within five years. Even earlier, starting in 1999, a new European Central Bank is slated to take control of monetary policy in the initial member countries. ; This article examines the economic and political factors that will determine whether monetary union proceeds on schedule and, if so, which countries are likely to be initial members. There is little chance that most of the countries ...
Economic Review , Volume 82 , Issue Q 3 , Pages 20-33

Journal Article
ECU, who?

FRBSF Economic Letter

Working Paper
The dollar as an official reserve currency under EMU

This paper analyzes official reserve-holding behavior in the EU countries in an attempt to assess the effect EMU might have on official holdings of dollar reserves. A wide range of projections are presented for the effect of EMU on the overall demand for reserves, some based on earlier research results and some on new estimates. In the estimation and simulation of the behavior of EU countries in the last half of the 1980s, the contributions of country-specific factors appear to swamp the systematic components that had been isolated in earlier research. Earlier research results are also used ...
International Finance Discussion Papers , Paper 474

Working Paper
The hedging performance of ECU futures contracts

Working Papers , Paper 87-15

Journal Article
The euro cash changeover

Southwest Economy , Issue Mar , Pages 1-5

Journal Article
Fiscal constraints in the EMU

FRBSF Economic Letter


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