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The paper analyses the trade-off between exchange rate flexibility and monetary policy autonomy. It tests empirically the "Possible Duality" hypothesis, i.e. whether countries with more flexible currency regimes are indeed able to exert more monetary policy autonomy than those with less flexible...
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While there is an extensive amount of literature on the noodle bowl of agreements in Asia, the majority of studies … in Asia. The noodle bowl of FTAs usually results in more options for traders and even can bring unexpected preferences …
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