Narrow search
Showing 1 - 10 of 54,479
Cover Image
Towards an Expanded Role for Asian Currencies : Issues and Prospects
Chow, Hwee Kwan - East Asian Bureau of Economic Research (EABER) - 2011
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 …
Persistent link: https://www.econbiz.de/10009653216
Cover Image
Towards an Expanded Role for Asian Currencies : Issues and Prospects
Chow, Hwee Kwan - 2011
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 …
Persistent link: https://www.econbiz.de/10013124532
Cover Image
Towards an expanded role for Asian currencies : issues and prospects
Chow, Hwee-kwan - 2011
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 …
Persistent link: https://www.econbiz.de/10009130480
Cover Image
International Reserves and Local Currency Internationalization : An Empirical Study on the Japanese Yen
Zhang, Zhiwen - 2010
This paper employs the GMM estimator to empirically investigate the effects of Japanese international reserves on Yen … internationalization from 1976 through 2009 by specifying the regression benchmark based on the long-run determinants of Yen … internationalization with economic power, Yen appreciation, financial market development, inflation and currency inertia. We find that the …
Persistent link: https://www.econbiz.de/10013138172
Cover Image
The Size of Foreign Exchange Reserve and Local Currency Internationalization : An Empirical Study on the Japanese Yen
Bai, Qinxian - 2013
degree of Yen internationalization from 1976 through 2009 by specifying the regression benchmark based on the long …-run determinants of Yen internationalization with economic power, financial market development, Yen appreciation, inflation and … has a statistically significant but negative effect on Yen internationalization. After controlling for the effects of the …
Persistent link: https://www.econbiz.de/10013082406
Cover Image
Renminbising China's foreign assets
Cheung, Yin-Wong; Ma, Guonan; McCauley, Robert N. - 2010
Since the 2008 global financial crisis, China has rolled out a number of initiatives to actively promote the international role of the renminbi and to denominate more of its international claims away from the US dollar and into the renminbi. This paper discusses the factors shaping the prospects...
Persistent link: https://www.econbiz.de/10003956012
Cover Image
Renminbi Rules : The Conditional Imminence of the Reserve Currency Transition
Subramanian, Arvind - 2011
Against the backdrop of the recent financial crisis and the ongoing rapid changes in the world economy, the fate of the dollar as the premier international reserve currency is under scrutiny. This paper attempts to answer whether the Chinese renminbi will eclipse the dollar, what will be the...
Persistent link: https://www.econbiz.de/10013120543
Cover Image
Renminbising China's Foreign Assets
Cheung, Yin-Wong; Ma, Guonan; McCauley, Robert N. - 2021
Since the 2008 global financial crisis, China has rolled out a number of initiatives to actively promote the international role of the renminbi and to denominate more of its international claims away from the US dollar and into the renminbi. This paper discusses the factors shaping the prospects...
Persistent link: https://www.econbiz.de/10013316219
Cover Image
Renminbising China’s Foreign Assets
Cheung, Yin-Wong - 2010
Since the 2008 global financial crisis, China has rolled out a number of initiatives to actively promote the international role of the renminbi and to denominate more of its international claims away from the US dollar and into the renminbi. This paper discusses the factors shaping the prospects...
Persistent link: https://www.econbiz.de/10013141641
Cover Image
RMB Internationalization and Its Implications for Asian Monetary Cooperation
Wang, Yunjong - 2017
formal monetary arrangement such as the euro, the RMB may achieve its status as a regional settlement currency within Asia …
Persistent link: https://www.econbiz.de/10012962043