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Will the Euro Eventually Surpass the Dollar as Leading International Reserve Currency?

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NBER2005-08-01 更新2025-01-04 收录
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Might the dollar eventually follow the precedent of the pound and cede its status as leading international reserve currency? Unlike ten years ago, there now exists a credible competitor: the euro. This paper econometrically estimates determinants of the shares of major currencies in the reserve

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2005-08-01
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