search query: @journal_id 56 / total: 1032
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| Author: | Johnson, R. Soenen, L. |
| Title: | The European perspective on the composition and variability of the ECU |
| Journal: | Journal of Business Finance and Accounting
1994 : OCT, VOL. 21:7, p. 963-974 |
| Index terms: | EUROPE ECU VARIABLE COSTING |
| Language: | eng |
| Abstract: | In 1979 the Ecu was established as a currency basket including the currencies of the nine EC-member countries at that time. Its composition was modified in 1984 and again in 1989 by increasing the number of currencies in the basket to 10 and 12 respectively. The results of the analysis show that the Ecu has become consistently less variable with each change in its composition. |
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