کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
968187 931462 2007 25 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Dollar depreciation—Euro pain
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Dollar depreciation—Euro pain
چکیده انگلیسی

According to U.S. economists the American economy needs a further depreciation of the dollar by 25%. Can the euro accommodate the needs of the U.S. economy? We apply the Fink (1995) scoring model and analyze the country risk of the Euro zone, Bulgaria and Hungary. We find that a further appreciation of the euro is hardly sustainable for the Euro zone. For countries like Bulgaria, which tied their currency to the euro, the risk of a currency crisis is prevalent. We argue that more detailed ECB debt statistics are necessary to gauge the risk inherent in the Euro zone.

ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Journal of Policy Modeling - Volume 29, Issue 5, September–October 2007, Pages 739–763
نویسندگان
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