than by the yuan or the yen individually within the sample period we used. To the extent that exchange rates in the region … currencies seem to matter for exchange rate determination in Asia beyond the very short term. To this end, we employ country …-specific Vector Autoregressive (VAR) models to compare the relative impact which fluctuations in the Asian Currency Unit (ACU), yuan …

than by the yuan or the yen individually within the sample period we used. To the extent that exchange rates in the region … currencies seem to matter for exchange rate determination in Asia beyond the very short term. To this end, we employ country …-specific Vector Autoregressive (VAR) models to compare the relative impact which fluctuations in the Asian Currency Unit (ACU), yuan …

than by the yuan or the yen individually within the sample period we used. To the extent that exchange rates in the region … currencies seem to matter for exchange rate determination in Asia beyond the very short term. To this end, we employ country …-specific Vector Autoregressive (VAR) models to compare the relative impact which fluctuations in the Asian Currency Unit (ACU), yuan …

formal monetary arrangement such as the euro, the RMB may achieve its status as a regional settlement currency within Asia …

beyond Asia based on a comparison of the RMB's situation today and that of the Japanese yen in the early 1990s. If trade were … degree of co-movement with other currencies. In East Asia, there is already a RMB bloc, because the RMB has become the …

adjustment to the postcrisis challenges. We point out that emerging Asia has converged to a middle ground of the trilemma … smoother adjustment of emerging Asia to the crisis, and was instrumental in inducing the rapid resumption of growth. The swings … challenges facing emerging Asia's adjustment during the global financial crisis, and the postcrisis policy stance dealing with …

sudden stops in Asia and Latin America, while the euro is a better hedge for sudden stops in Emerging Europe. We reproduce …

This paper revisits the issue of the evolution and choice of exchange rate regimes in Asia. The paper first compiles … discussion on the appropriate exchange rate regimes for Asia in the future. …