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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 …. These cycles have been closely linked to fluctuations in the yen/dollar exchange rate - through changes in their export …
Persistent link: https://www.econbiz.de/10012729281
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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 … been highly synchronised. These cycles have been closely linked to fluctuations in the yen/dollar exchange rate - through …
Persistent link: https://www.econbiz.de/10014075471
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Australian dollar, Japanese yen, euro, US dollar and Chinese renminbi. Utilizing a recently developed test procedure which … debated emergence of a yen bloc, euro bloc, or koala bloc. The empirical evidence brought forward in this paper suggests that …
Persistent link: https://www.econbiz.de/10013044176
This paper examines the role of Japan against that of China in the exchange rate regime in East Asia in light of growing interest in forming a currency union in the region. The analysis suggests that currency unions with China tend to generate higher average welfare gains for East Asian...
Persistent link: https://www.econbiz.de/10014404286