Quah, Chee-Heong; Crowley, Patrick M. - In: Prague Economic Papers 2013 (2013) 4, pp. 391-411
This paper attempts to assess how compatible China is with respect to its dollar-based exchange rate regime. Assessment … endogenous problem in OCA analysis and this view of convergence criteria, the relevant features of China are evaluated against … economies implementing rigid dollar standard in practice, namely Hong Kong, Macau, and Panama. Findings suggest that economic …