Monetary anchor for East Asia: Japan or United States?
In this paper we apply the optimum currency area (OCA) criteria to assess the suitability of whether the United States or Japan would best serve as monetary anchor country for East Asian countries. The criteria used are trade openness, business cycle synchronisation, exchange rate volatility, inflat...
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| Main Authors: | , , |
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| Format: | Article |
| Published: |
Academic Journals
2010
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| Subjects: | |
| Online Access: | http://eprints.um.edu.my/13298/ |
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