In this paper, we investigate movements of nominal effective exchange rates (hereafter, NEER) of East Asian currencies and the Asian Monetary Unit (AMU), which is a weighted average of East Asian currencies, in the course of the global financial crisis. We found that the NEERs were more stable for countries that adopted a currency basket system even in the global financial crisis time. Comparisons between NEERs and a combination of AMU and AMU Deviation Indicators, which show intra-regional exchange rates among the East Asian currencies, shows that there are strong relationships between them before and after the global financial crisis. Accordingly, monitoring both the AMU and the AMU Deviation Indicators is effective to stabilize NEER of E...
This paper examines the behavior of the exchange rates of selected emerging market East Asian econom...
The monetary authorities in East Asian countries have been strengthening their regional monetary coo...
This paper analyzes the ad hoc decision of three Asian countries to peg their currency to the U.S. d...
This paper is a revised version of the paper that was presented for the Fifth Asia-Pacific Economic ...
In this study, we investigate the movements of the nominal effective exchange rates (NEER) of East A...
This paper focuses on recent events which include the RMB reform in China and the global financial c...
This paper focuses on recent events which include the RMB reform in China and the global financial c...
This paper focuses on recent events which include the RMB reform in China and the global financial c...
The global financial crisis affected the exchange rates of the U.S. dollar, the euro, and the Japane...
This paper investigates how the East Asian currencies were affected by the global financial crisis....
This paper considers a causality relationship from the global imbalances to the global financial cri...
This paper focuses on recent events which include the RMB reform in China and the global financial c...
The purpose of this paper is to investigate what affected the post-crisis exchange rates of five Eas...
The monetary authorities in East Asian countries have been strengthening their regional monetary coo...
Regional monetary and financial cooperation among the monetary authorities of Asian countries have b...
This paper examines the behavior of the exchange rates of selected emerging market East Asian econom...
The monetary authorities in East Asian countries have been strengthening their regional monetary coo...
This paper analyzes the ad hoc decision of three Asian countries to peg their currency to the U.S. d...
This paper is a revised version of the paper that was presented for the Fifth Asia-Pacific Economic ...
In this study, we investigate the movements of the nominal effective exchange rates (NEER) of East A...
This paper focuses on recent events which include the RMB reform in China and the global financial c...
This paper focuses on recent events which include the RMB reform in China and the global financial c...
This paper focuses on recent events which include the RMB reform in China and the global financial c...
The global financial crisis affected the exchange rates of the U.S. dollar, the euro, and the Japane...
This paper investigates how the East Asian currencies were affected by the global financial crisis....
This paper considers a causality relationship from the global imbalances to the global financial cri...
This paper focuses on recent events which include the RMB reform in China and the global financial c...
The purpose of this paper is to investigate what affected the post-crisis exchange rates of five Eas...
The monetary authorities in East Asian countries have been strengthening their regional monetary coo...
Regional monetary and financial cooperation among the monetary authorities of Asian countries have b...
This paper examines the behavior of the exchange rates of selected emerging market East Asian econom...
The monetary authorities in East Asian countries have been strengthening their regional monetary coo...
This paper analyzes the ad hoc decision of three Asian countries to peg their currency to the U.S. d...