Narrow search
Showing 1 - 10 of 164
Cover Image
Inflation Targeting and Pass-through Rate in East Asian Economies
Taguchi, Hiroyuki; Sohn, Woong-Ki - East Asian Bureau of Economic Research (EABER) - 2010
This article sets out to assess the performance of inflation targeting (IT) frameworks from the perspective of the pass …-through effect of external price shocks into consumer price inflation, focusing on the four East Asian economies which have adopted … then investigate the linkage between inflation-responsive rules and pass-through rates, as suggested by Gagnon and Ihrig …
Persistent link: https://www.econbiz.de/10009365529
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
particularly in emerging economies that later experience an inflation (or potentially a general or a currency) crisis, and …
Persistent link: https://www.econbiz.de/10011278057
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/10011278147
Cover Image
New Measures of the Trilemma Hypothesis : Implications for Asia
Ito, Hiro; Kawai, Masahiro - East Asian Bureau of Economic Research (EABER) - 2012
particularly in emerging economies that later experience an inflation (or potentially a general or a currency) crisis, and …
Persistent link: https://www.econbiz.de/10011278155
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/10011278202
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/10011278204
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