Showing 1 - 10 of 23
Notwithstanding incumbency advantages and network effects enjoyed by the United States (US) dollar, considerations …, and yen separately have on movements of Asian currencies. Contrary to recent evidence based on daily data, we found … than by the yuan or the yen individually within the sample period we used. To the extent that exchange rates in the region …
Persistent link: https://www.econbiz.de/10009653196
Notwithstanding incumbency advantages and network effects enjoyed by the United States (US) dollar, considerations …, and yen separately have on movements of Asian currencies. Contrary to recent evidence based on daily data, we found … than by the yuan or the yen individually within the sample period we used. To the extent that exchange rates in the region …
Persistent link: https://www.econbiz.de/10009653216
.S. dollar for several years, it has been fluctuating against the Japanese yen, which provides us with a natural experiment to …
Persistent link: https://www.econbiz.de/10009363907
deficiencies, the United States (US) dollar will remain the dominant currency and Special Drawing Rights (SDR) cannot serve as …
Persistent link: https://www.econbiz.de/10011278046
deficiencies, the United States (US) dollar will remain the dominant currency and Special Drawing Rights (SDR) cannot serve as …
Persistent link: https://www.econbiz.de/10011278144
deficiencies, the United States (US) dollar will remain the dominant currency and Special Drawing Rights (SDR) cannot serve as …
Persistent link: https://www.econbiz.de/10011278200
The paper uses the emerging Association of Southeast Asian Nations (ASEAN) Economic Community as a motivation to explore the issue of capital flow management in an economic community. Although there is an increasingly shared view that capital flow management measures should be part of the...
Persistent link: https://www.econbiz.de/10011278025
Since the 1980s, emerging countries have been urged to welcome foreign capital inflows. The result has often been a pattern of surges, where excessive inflows were followed by damaging “sudden stops†and reversals. This was dramatically evident in the Asian crisis of...
Persistent link: https://www.econbiz.de/10011278030
The aftermath of the global financial crisis of 2007–2009 has called the export-led growth model of Asian economies into question. This paper describes the contribution that macroeconomic policy can make to promote a rebalancing of growth away from dependence on exports to...
Persistent link: https://www.econbiz.de/10011278107
The paper uses the emerging Association of Southeast Asian Nations (ASEAN) Economic Community as a motivation to explore the issue of capital flow management in an economic community. Although there is an increasingly shared view that capital flow management measures should be part of the...
Persistent link: https://www.econbiz.de/10011278118