英文文献：The US Dollar-Euro exchange rate and US-EMU bond yield differentials: A Causality Analysis
英文文献作者：Simón Sosvilla-Rivero,María del Carmen Ramos-Herrera
英文文献摘要：
This paper test for causality between the US Dollar-Euro exchange rate and US-EMU bond yield differentials. To that end, we apply Hsiao (1981)?s sequential procedure to daily data covering the 1999-2011 period. Our results suggest the existence of statistically significant Granger causality running one-way from bond yield differentials to the exchange rate, but not the other way around.