Showing 1 - 10 of 26
this paper, I explore the effect of the appreciation of the RMB on imports to the U.S. from China by augmenting the gravity … the U.S. dollar significantly reduced imports to the U.S. from China. This finding is robust to a variety of econometric …
Persistent link: https://www.econbiz.de/10009365113
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 IT, during the period of 1990-2009. We first...
Persistent link: https://www.econbiz.de/10009365529
while its processing imports from East Asian economies are eleven times those from other regions; (3) the PRC is one of the … major sources of its own processing imports, accounting for 16.8% of its total processing imports from all 51 trading … partners; and (4) the appreciation of the yuan would affect both processing imports and exports in the same directionâ …
Persistent link: https://www.econbiz.de/10009653163
This paper investigates how exchange rates affect Japanese exports. This is difficult because many of Japan’s exports are used to produce goods for re-export. An appreciation in the importing country that decreases exports can decrease its imported inputs from Japan. To correct for this...
Persistent link: https://www.econbiz.de/10009653164
This paper considers the general equilibrium relationship between exchange rates and global imbalances. It emphasizes that the exchange rate is not a primitive but an equilibrium price determined by the policy mix. It uses extensions of the two-country Obstfeld-Rogoff model to analyze the...
Persistent link: https://www.econbiz.de/10009653202
while its processing imports from East Asian economies are eleven times those from other regions; (3) the PRC is one of the … major sources of its own processing imports, accounting for 16.8% of its total processing imports from all 51 trading … partners; and (4) the appreciation of the yuan would affect both processing imports and exports in the same directionâ …
Persistent link: https://www.econbiz.de/10009653208
This paper investigates how exchange rates affect Japanese exports. This is difficult because many of Japan’s exports are used to produce goods for re-export. An appreciation in the importing country that decreases exports can decrease its imported inputs from Japan. To correct for this...
Persistent link: https://www.econbiz.de/10009653209
This paper considers the general equilibrium relationship between exchange rates and global imbalances. It emphasizes that the exchange rate is not a primitive but an equilibrium price determined by the policy mix. It uses extensions of the two-country Obstfeld-Rogoff model to analyze the...
Persistent link: https://www.econbiz.de/10009653222
This paper estimated the pass-through effects of yuans exchange rates on prices of the US and Japanese imports from the ….23% increase in prices of the US imports in the short run and 0.47% in the long run. Japanese import prices were relatively more … imports at either the aggregate or disaggregated levels. The estimated low pass-through effects of the yuans appreciation …
Persistent link: https://www.econbiz.de/10009363397
Among other things, the 199798 East Asian financial crisis has led to questioning within the Association of Southeast Asian Nations (ASEAN) about whether the region needs a common currency. This paper aims to discuss the underlying economic issues and prospects, from both a theoretical and a...
Persistent link: https://www.econbiz.de/10009363859