Because many authors have proposed stimulating the ailing Japanese economy by monetary expansion and yen depreciation …, we explore the repercussions of depreciating the yen against the dollar on the other East Asian economies - which largely … peg to the dollar. Since 1980, economic integration among Japan's neighbors - China, Hong Kong, Indonesia, Korea, Malaysia …

Because many authors have proposed stimulating the ailing Japanese economy by monetary expansion and yen depreciation …, we explore the repercussions of depreciating the yen against the dollar on the other East Asian economies - which largely … peg to the dollar. Since 1980, economic integration among Japan's neighbours - China, Hong Kong, Indonesia, Korea …

yen/dollar exchange rate are the principal causal factor behind the export and business cycles in East Asian countries … dynamics. Second, although McKinnon and Schnabl assume that the relative industrial competitiveness of Japan and other East … Asian countries moves in tandem with fluctuations in the nominal yen/dollar exchange rate, the empirical validity of this …