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The Euro and the Dollar

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  • McCauley, R.N.

Abstract

This essay makes the assumption that the euro is coming and seeks to understand the implications of its arrival for the US dolar. In particular, it investigates the motives for, and implications of, shifts of funds by international portfolio managers in response to the euro's introduction.

Suggested Citation

  • McCauley, R.N., 1997. "The Euro and the Dollar," Princeton Essays in International Economics 205, International Economics Section, Departement of Economics Princeton University,.
  • Handle: RePEc:fth:priifi:205
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    More about this item

    Keywords

    CURRENCIES ; MONETARY AREAS;

    JEL classification:

    • F21 - International Economics - - International Factor Movements and International Business - - - International Investment; Long-Term Capital Movements
    • F32 - International Economics - - International Finance - - - Current Account Adjustment; Short-term Capital Movements
    • F36 - International Economics - - International Finance - - - Financial Aspects of Economic Integration

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