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The Euro May Over the Next 15 Years Surpass the Dollar as Leading International Currency

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NBER2008-04-01 更新2025-01-04 收录
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The euro has arisen as a credible eventual competitor to the dollar as leading international currency, much as the dollar rose to challenge the pound 70 years ago. This paper uses econometrically-estimated determinants of the shares of major currencies in the reserve holdings of the world's central

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2008-04-01
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