Narrow search
Showing 1 - 10 of 302
Cover Image
Impact of Export Subsidies on Pakistan’s Exports
Haque, Nadeem Ul - East Asian Bureau of Economic Research (EABER) - 2007
Throughout Pakistans history, policy has sought to promote exports through government support and incentives. The …, over the long run, the export financing scheme had a negative effect on exports while the rebate/refund scheme affected … exports insignificantly. Subsidy schemes clearly do not seem to work, yet they have been retained for many years. …
Persistent link: https://www.econbiz.de/10009363429
Cover Image
Capital Inflows, Inflation and Exchange Rate Volatility : An Investigation for Linear and Nonlinear Causal Linkages
Rashid, Abdul; Husain, Fazal - East Asian Bureau of Economic Research (EABER) - 2010
Since the early 1990s, there is an upsurge in foreign capital flows to developing economies, particularly into emerging markets. One view argues that capital inflows do help to increase efficiency, a better allocation of capital and to fill up the investment-saving gap. Adherents to that view...
Persistent link: https://www.econbiz.de/10009363920
Cover Image
Management of Exchange Rate Regimes in Emerging Asia
Rajan, Ramkishen S. - East Asian Bureau of Economic Research (EABER) - 2011
This paper revisits the issue of exchange rate regimes in emerging Asia. It is divided into two main parts. The first part compares de jure and de facto exchange rate regimes in Asia over the decade 1999–2009. It finds that while Asia is home to a wide array of exchange rate...
Persistent link: https://www.econbiz.de/10009651619
Cover Image
Management of Exchange Rate Regimes in Emerging Asia
Rajan, Ramkishen S. - East Asian Bureau of Economic Research (EABER) - 2011
This paper revisits the issue of exchange rate regimes in emerging Asia. It is divided into two main parts. The first part compares de jure and de facto exchange rate regimes in Asia over the decade 1999–2009. It finds that while Asia is home to a wide array of exchange rate...
Persistent link: https://www.econbiz.de/10009651660
Cover Image
Modelling Small Economy Exports : The Case of Singapore
Abeysinghe, Tilak; Choy, Keen Meng - East Asian Bureau of Economic Research (EABER) - 2005
specification by taking into consideration changes in the import content of exports over time. The paper also provides a new …
Persistent link: https://www.econbiz.de/10009363406
Cover Image
The Indian Exchange Rate and Central Bank Action : A GARCH Analysis
Goyal, Ashima; Arora, Sanchit - East Asian Bureau of Economic Research (EABER) - 2010
We study, with daily and monthly data sets, the impact of conventional monetary policy measures such as interest rates, intervention and other quantitative measures, and of Central Bank communication on exchange rate volatility. Since India has a managed float, we also test if the measures...
Persistent link: https://www.econbiz.de/10009363921
Cover Image
Determinants of the Trilemma Policy Combination
Ito, Hiro; Kawai, Masahiro - East Asian Bureau of Economic Research (EABER) - 2014
We present a theoretical framework for policy making based on the “impossible trinity†or the “trilemma†hypothesis. A simple optimization model shows that placing more weight in terms of preference for each of the three open macroeconomic policies—exchange rate...
Persistent link: https://www.econbiz.de/10010857585
Cover Image
How Useful Is an Asian Currency Unit (ACU) Index for Surveillance in East Asia?
Pontines, Victor - East Asian Bureau of Economic Research (EABER) - 2013
An Asian Currency Unit (ACU) index is constructed using an alternative procedure which minimizes a basket or portfolio of assets expressed in terms of national currencies. Using this estimated ACU index and an ACU Deviation Indicator, the main finding of this study based on the current...
Persistent link: https://www.econbiz.de/10011278049
Cover Image
A De Facto Asian-Currency Unit Bloc in East Asia : It Has Been There but We Did Not Look for It
Girardin, Eric - East Asian Bureau of Economic Research (EABER) - 2011
Pegging in a coordinated way to a regional basket currency is considered by many as optimal for east-Asian countries. By contrast, according to existing empirical studies, these countries have most often relied on noncooperative United States dollar or G3 pegs. We show for the first time...
Persistent link: https://www.econbiz.de/10011278050
Cover Image
New Measures of the Trilemma Hypothesis : Implications for Asia
Ito, Hiro; Kawai, Masahiro - East Asian Bureau of Economic Research (EABER) - 2012
We develop a new set of indexes of exchange rate stability, monetary policy independence, and financial market openness as the metrics for the trilemma hypothesis. In our exploration, we take a different and more nuanced approach than the previous indexes developed by Aizenman, Chinn, and Ito...
Persistent link: https://www.econbiz.de/10011278057