Showing 1 - 10 of 295
As all eyes are on the strategy and policy measures of the People’s Republic of China (PRC) to push the international …
Persistent link: https://www.econbiz.de/10011134351
As all eyes are on the strategy and policy measures of the People’s Republic of China (PRC) to push the international …
Persistent link: https://www.econbiz.de/10011134384
This paper examines how an appreciation of the currency of the People’s Republic of China (PRC …/93–2008/09. It constructs two exchange rates for renminbi : one is a bilateral real exchange rate and the other is a … real effective exchange rate against East Asian component suppliers. It is found that appreciation of the renminbi would …
Persistent link: https://www.econbiz.de/10009651622
This paper examines how an appreciation of the currency of the People’s Republic of China (PRC …/93–2008/09. It constructs two exchange rates for renminbi : one is a bilateral real exchange rate and the other is a … real effective exchange rate against East Asian component suppliers. It is found that appreciation of the renminbi would …
Persistent link: https://www.econbiz.de/10009651656
A dumping margin calculation involves currency conversion of either the export price of the normal value. Although the Anti-dumping Agreement permits the conversion of currency when it is necessary for the price comparison, it does not provide a sufficient guideline to guard against potential...
Persistent link: https://www.econbiz.de/10009365414
Capital flows to emerging market economies (EMEs) have been characterized by high volatility since the 1980s. In recent years (especially since 2003), although gross as well as net capital flows to the EMEs have increased, they could not be absorbed domestically. Overall, savings have flowed...
Persistent link: https://www.econbiz.de/10009363976
This paper contrasts the United States (US) and European situations during the crisis and examines how much of the crisis has been imported by Europe from the US. The paper argues that Europe never had a chance to avoid contagion from the US. It also documents the relatively limited reaction of...
Persistent link: https://www.econbiz.de/10009363829
This paper analyzes the optimal transition of the exchange rate regime in the People’s Republic of China (PRC). How …
Persistent link: https://www.econbiz.de/10011134370
This paper extends our previous paper (Aizenman, Chinn, and Ito 2008) and explores some of the unexplored questions. First, we examine the channels through which the trilemma policy configurations affect output volatility. Secondly, we investigate how trilemma policy configurations affect the...
Persistent link: https://www.econbiz.de/10009363366
The recent financial crisis has shown that financial innovation can have devastating systemic impacts. International standard setters’ and national regulators’ response has been a global concerted effort to overhaul and tighten financial regulations....
Persistent link: https://www.econbiz.de/10011278058