Quah, Chee-Heong; Crowley, Patrick M. - In: Prague Economic Papers 2012 (2012) 4, pp. 391-411
This paper attempts to assess how compatible China is with respect to its dollar-based exchange rate regime. Assessment is made in terms of the real convergence criteria suggested by the optimum currency areas (OCA) theory. In light of the endogenous problem in OCA analysis and this view of...
