This article examines the impact of news about the Bank of Japan monetary policy announcements regarding the Japanese yen, US dollar, and the Euro interest rates. Whether or not the announcements from the monetary authorities impact the domestic markets is related to the success of their...

This article reports the findings of an exchange rate determination model based on either the traditional chartist or the fundamental model. Much dispute has surrounding exchange rate determination and many theories have been offered; however, market participants use and rely on the chartist model...

This article examines the impact of news about the Bank of Japan monetary policy announcements regarding the Japanese yen, US dollar, and the Euro interest rates. Whether or not the announcements from the monetary authorities impact the domestic markets is related to the success of their...

This article reports the findings of an exchange rate determination model based on either the traditional chartist or the fundamental model. Much dispute has surrounding exchange rate determination and many theories have been offered; however, market participants use and rely on the chartist model...

This article examines whether international trade openness is related with inflation or not in Asian countries. The relationship in the world has been discussed including economic growth for a long time from both theoretical and empirical ones, however, there has not been any consensus about...

This article examines the suitability of the currency union in the Central Franc Zone (CFA) relative to business cycles and trade. Optimum currency area (OCA) criteria have been employed to determine the suitability of currency integration. This paper also develops a procedure for application of...

This article focuses on the empirical relationship between the United States’ and Japan’s yield spread of interest rates and economic growth in Japan. The yield spread is defined in this article as the difference between the Japanese government bond yield minus the US government bond yield....

Since the 1980s, many regional agreements have appeared to facilitate trade and spur economic growth. This paper examines whether or not the purchasing power parity (PPP) hypothesis for regional agreements has been satisfied. This study employs a nonlinear unit root test for real exchange rates...