The theory of optimum currency areas and the possibility of forming a yen bloc in Asia
Author
Suggested Citation
Download full text from publisher
As the access to this document is restricted, you may want to search for a different version of it.
References listed on IDEAS
- Jeffrey A. Frankel, 1993.
"Is Japan Creating a Yen Bloc in East Asia and the Pacific?,"
NBER Chapters, in: Regionalism and Rivalry: Japan and the United States in Pacific Asia, pages 53-88,
National Bureau of Economic Research, Inc.
- Jeffrey A. Frankel, 1992. "Is Japan Creating a Yen Bloc in East Asia and the Pacific?," NBER Working Papers 4050, National Bureau of Economic Research, Inc.
- Jeffrey A. Frankel, 1992. "Is Japan creating a yen bloc in East Asia and the Pacific?," Pacific Basin Working Paper Series 92-09, Federal Reserve Bank of San Francisco.
- Frankel, Jeffrey A., 1993. "Is Japan Creating a Yen Bloc in East Asia and the Pacific?," Center for International and Development Economics Research (CIDER) Working Papers 233179, University of California-Berkeley, Department of Economics.
- Jeffrey A. Frankel., 1993. "Is Japan Creating a Yen Bloc in East Asia and the Pacific?," Center for International and Development Economics Research (CIDER) Working Papers C93-007, University of California at Berkeley.
- Hiroo Taguchi, 1994. "On the Internationalization of the Japanese Yen," NBER Chapters, in: Macroeconomic Linkage: Savings, Exchange Rates, and Capital Flows, pages 335-357, National Bureau of Economic Research, Inc.
- Junichi Goto & Koichi Hamada, 1994. "Economic Preconditions for Asian Regional Integration," NBER Chapters, in: Macroeconomic Linkage: Savings, Exchange Rates, and Capital Flows, pages 359-388, National Bureau of Economic Research, Inc.
- Jeffrey A. Frankel & Shang-Jin Wei, 1994.
"Yen Bloc or Dollar Bloc? Exchange Rate Policies of the East Asian Economies,"
NBER Chapters, in: Macroeconomic Linkage: Savings, Exchange Rates, and Capital Flows, pages 295-333,
National Bureau of Economic Research, Inc.
- Wei, S.J. & Frankel, J.A., 1992. "Yen Bloc or Dollar Bloc: Exchange Rate Policies of the East Asian Economies," Papers 92-08, University of Birmingham - International Financial Group.
- Jeffrey A. Frankel & Shang-Jin Wei, 1992. "Yen bloc or dollar bloc: exchange rate policies of the East Asian economies," Pacific Basin Working Paper Series 93-01, Federal Reserve Bank of San Francisco.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Peter Wilson & Henry Ng Shang Ren, 2006. "Managing Exchange Rate Volatility : A Comparative Counterfactual Analysis Of Singapore 1994 To 2003," Macroeconomics Working Papers 22584, East Asian Bureau of Economic Research.
- Magda Kandil & Mohamed Trabelsi, 2012.
"Is the Announced Monetary Union in GCC Countries Feasible? A Multivariate Structural Var Approach,"
Middle East Development Journal, Taylor & Francis Journals, vol. 4(1), pages 1250001-121, January.
- Magda Kandil & Mohamed Trabelsi, 2012. "Is The Announced Monetary Union In Gcc Countries Feasible? A Multivariate Structural Var Approach," Middle East Development Journal (MEDJ), World Scientific Publishing Co. Pte. Ltd., vol. 4(01), pages 1-18.
- Magda Kandil & Mohamed Trabelsi, 2010. "Is the Announced Monetary Union in GCC Countries Feasible? A Multivariate Structural VAR Approach," Working Papers 522, Economic Research Forum, revised 05 Jan 2010.
- Young-il Park, 2003. "Toward regional financial and monetary cooperation in East Asia," Global Economic Review, Taylor & Francis Journals, vol. 32(4), pages 21-44.
- Ms. Kazuko Shirono, 2007. "Real Effects of Common Currencies in East Asia," IMF Working Papers 2007/166, International Monetary Fund.
- Kwack, Sung Y., 2005. "Exchange rate and monetary regime options for regional cooperation in East Asia," Journal of Asian Economics, Elsevier, vol. 16(1), pages 57-75, February.
- Kwack, Sung Yeung, 2004. "An optimum currency area in East Asia: feasibility, coordination, and leadership role," Journal of Asian Economics, Elsevier, vol. 15(1), pages 153-169, February.
- Zhang, Zhaoyong & Sato, Kiyotaka & McAleer, Michael, 2008. "Is Greater China a currency union?," Mathematics and Computers in Simulation (MATCOM), Elsevier, vol. 78(2), pages 319-327.
- Shafighi, Najla & Gharleghi, Behrooz, 2016. "Feasibility of a currency union in East Asia using the five-variable structural vector autoregressive model," Economic Analysis and Policy, Elsevier, vol. 52(C), pages 45-54.
- Woosik Moon & Yeongseop Rhee, 2012. "Asian Monetary Integration," Books, Edward Elgar Publishing, number 14191.
- Lee, Grace H.Y. & Azali, M., 2012.
"Is East Asia an optimum currency area?,"
Economic Modelling, Elsevier, vol. 29(2), pages 87-95.
- Lee, Grace HY & M, Azali, 2010. "Is East Asia an optimum currency area?," MPRA Paper 52556, University Library of Munich, Germany.
- Huang, Ying & Guo, Feng, 2006. "Is currency union a feasible option in East Asia?: A multivariate structural VAR approach," Research in International Business and Finance, Elsevier, vol. 20(1), pages 77-94, March.
- Mishra, Ritesh Kumar & Sharma, Chandan, 2010. "Real exchange rate behavior and optimum currency area in East Asia: Evidence from Generalized Purchasing Power Parity," International Review of Financial Analysis, Elsevier, vol. 19(3), pages 205-213, June.
- Aminian, Nathalie, 2005. "Economic integration and prospects for regional monetary cooperation in East Asia," Structural Change and Economic Dynamics, Elsevier, vol. 16(1), pages 91-110, March.
- Chee‐Heong Quah & Patrick M. Crowley, 2010. "Monetary Integration in East Asia: A Hierarchical Clustering Approach," International Finance, Wiley Blackwell, vol. 13(2), pages 283-309, August.
- Gulasekaran Rajaguru & Ahmed M Khalid & Francesco Barbera, 2014. "It’s not yen, euro or koala bloc: Greenback is still dominant in East Asia," Australian Journal of Management, Australian School of Business, vol. 39(4), pages 549-571, November.
- Shirono, Kazuko, 2008. "Real effects of common currencies in East Asia," Journal of Asian Economics, Elsevier, vol. 19(3), pages 199-212, June.
- Vaclav Rybacek, 2009. "Business Cycle Synchronization In Monetary Union," Romanian Economic Business Review, Romanian-American University, vol. 4(1), pages 40-58, March.
- Grace H.Y. Lee & M. Azali, 2009. "A Bayesian Approach to Optimum Currency Areas in East Asia," Monash Economics Working Papers 18-09, Monash University, Department of Economics.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Wilson, Peter, 2002. "Prospects for Asian Monetary Cooperation After the Asian Financial Crisis. Pipedream or Possible Reality?," EIJS Working Paper Series 151, Stockholm School of Economics, The European Institute of Japanese Studies.
- Mishra, Ritesh Kumar & Sharma, Chandan, 2010. "Real exchange rate behavior and optimum currency area in East Asia: Evidence from Generalized Purchasing Power Parity," International Review of Financial Analysis, Elsevier, vol. 19(3), pages 205-213, June.
- Kiichiro Fukasaku & David Martineau, 1999. "Coopération monétaire en Asie de l'Est : l'apport des tests de causalité et de la cointégration," Économie et Prévision, Programme National Persée, vol. 140(4), pages 105-116.
- Chow, Hwee Kwan & Kim, Yoonbai, 2003. "A common currency peg in East Asia? Perspectives from Western Europe," Journal of Macroeconomics, Elsevier, vol. 25(3), pages 331-350, September.
- Kim, Bong-Han & Kim, Hyeongwoo & Min, Hong-Ghi, 2013.
"Reassessing the link between the Japanese yen and emerging Asian currencies,"
Journal of International Money and Finance, Elsevier, vol. 33(C), pages 306-326.
- Bong-Han Kim & Hyeongwoo Kim & Hong-Ghi Min, 2011. "Reassessing the Link between the Japanese Yen and Emerging Asian Currencies," Auburn Economics Working Paper Series auwp2011-05, Department of Economics, Auburn University.
- Jeffrey A. Frankel & Shang-Jin Wei, 2007.
"Assessing China's exchange rate regime [‘Working with the IMF to strengthen exchange rate surveillance’],"
Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 22(51), pages 576-627.
- Jeffrey A. Frankel & Shang-Jin Wei, 2007. "Assessing China's Exchange Rate Regime," NBER Working Papers 13100, National Bureau of Economic Research, Inc.
- Frankel, Jeffrey & Wei, Shang-Jin, 2007. "Assessing China?s Exchange Rate Regime," CEPR Discussion Papers 6264, C.E.P.R. Discussion Papers.
- Florence Marque, 1998. "Dimensions économique, institutionnelle et monétaire de l'intégration régionale en Asie orientale," Revue Tiers Monde, Programme National Persée, vol. 39(156), pages 835-860.
- Jeffrey A. Frankel & Shang-Jin Wei, 1993.
"Emerging Currency Blocs,"
NBER Working Papers
4335, National Bureau of Economic Research, Inc.
- Frankel, Jeffrey A. & Wei, Shang-Jin, 1993. "Emerging Currency Blocs," Center for International and Development Economics Research (CIDER) Working Papers 233209, University of California-Berkeley, Department of Economics.
- Jeffrey A. Frankel and Shang-Jin Wei., 1993. "Emerging Currency Blocs," Center for International and Development Economics Research (CIDER) Working Papers C93-026, University of California at Berkeley.
- Jeffrey A. Frankel & Ernesto Stein & Shang-Jin Wei, 1998.
"Continental Trading Blocs: Are They Natural or Supernatural?,"
NBER Chapters, in: The Regionalization of the World Economy, pages 91-120,
National Bureau of Economic Research, Inc.
- Jeffrey A. Frankel & Ernesto Stein & Shang-Jin Wei, 1993. "Continental Trading Blocs: Are They Natural, or Super-Natural?," NBER Working Papers 4588, National Bureau of Economic Research, Inc.
- Jeffrey A. Frankel, 1993.
"Monetary regime choices for a semi-open country,"
Pacific Basin Working Paper Series
93-02, Federal Reserve Bank of San Francisco.
- Frankel, Jeffrey A., 1994. "Monetary Regime Choices for a Semi-Open Country," Center for International and Development Economics Research (CIDER) Working Papers 233378, University of California-Berkeley, Department of Economics.
- Jeffrey A. Frankel., 1994. "Monetary Regime Choices for a Semi-Open Country," Center for International and Development Economics Research (CIDER) Working Papers C94-036, University of California at Berkeley.
- Jeffrey Frankel & Daniel Xie, 2010.
"Estimation of De Facto Flexibility Parameter and Basket Weights in Evolving Exchange Rate Regimes,"
American Economic Review, American Economic Association, vol. 100(2), pages 568-572, May.
- Jeffrey A. Frankel & Daniel Xie, 2009. "Estimation of De Facto Flexibility Parameter and Basket Weights in Evolving Exchange Rate Regimes," NBER Working Papers 15620, National Bureau of Economic Research, Inc.
- Jeffrey Frankel & Daniel, 2010. "Estimation of De Facto Flexibility Parameter and Basket Weights in Evolving Exchange Rate Regimes," Working Paper Series WP10-1, Peterson Institute for International Economics.
- Frankel, Jeffrey & Xie, Daniel, 2010. "Estimation of De Facto Flexibility Parameter and Basket Weights in Evolving Exchange Rate Regimes," Working Paper Series rwp10-003, Harvard University, John F. Kennedy School of Government.
- Frankel, Jeffrey A. & Xie, Daniel, 2010. "Estimation of De Facto Flexibility Parameter and Basket Weights in Evolving Exchange Rate Regimes," Scholarly Articles 4454158, Harvard Kennedy School of Government.
- Jeffrey A. Frankel, 2010.
"Monetary Policy in Emerging Markets: A Survey,"
NBER Working Papers
16125, National Bureau of Economic Research, Inc.
- Jeffrey Frankel, 2011. "Monetary Policy in Emerging Markets: A Survey," CID Working Papers 215, Center for International Development at Harvard University.
- Frankel, Jeffrey, 2011. "Monetary Policy in Emerging Markets: A Survey," Working Paper Series rwp11-003, Harvard University, John F. Kennedy School of Government.
- Frankel, Jeffrey A., 2011. "Monetary Policy in Emerging Markets: A Survey," Scholarly Articles 4669671, Harvard Kennedy School of Government.
- Gupta, Abhijit Sen, 2012.
"Exchange Rate Coordination in Asia: Evidence using the Asian Currency Unit,"
ADBI Working Papers
356, Asian Development Bank Institute.
- Abhijit Sen Gupta, 2012. "Exchange Rate Coordination in Asia : Evidence using the Asian Currency Unit," Governance Working Papers 23321, East Asian Bureau of Economic Research.
- Abhijit Sen Gupta, 2012. "Exchange Rate Coordination in Asia : Evidence using the Asian Currency Unit," Macroeconomics Working Papers 23321, East Asian Bureau of Economic Research.
- Abhijit Sen Gupta, 2012. "Exchange Rate Coordination in Asia : Evidence using the Asian Currency Unit," Finance Working Papers 23321, East Asian Bureau of Economic Research.
- Bowman, Chakriya, 2005. "Yen bloc or koala bloc? Currency relationships after the East Asian crisis," Japan and the World Economy, Elsevier, vol. 17(1), pages 83-96, January.
- Jeffrey Frankel & Sergio Schmukler & Luis Serven, 2000. "Verifiability and the Vanishing Intermediate Exchange Rate Regime," NBER Working Papers 7901, National Bureau of Economic Research, Inc.
- Esaka, Taro, 2003. "Was it really a dollar peg?: The exchange rate policies of East Asian countries, 1980-1997," Journal of Asian Economics, Elsevier, vol. 13(6), pages 787-809, January.
- Frankel, Jeffrey A. & Fajnzylber, Eduardo & Schmukler, Sergio L. & Serven, Luis, 2001.
"Verifying exchange rate regimes,"
Journal of Development Economics, Elsevier, vol. 66(2), pages 351-386, December.
- Serven,Luis & Frankel,Jeffrey A. & Fajnzylber,Eduardo & Schmukler,Sergio L., 2000. "Verifying exchange rate regimes," Policy Research Working Paper Series 2397, The World Bank.
- Ms. Kazuko Shirono, 2007. "Real Effects of Common Currencies in East Asia," IMF Working Papers 2007/166, International Monetary Fund.
- Ahmed, Rashad, 2020. "Monetary Policy Spillovers under Intermediate Exchange Rate Regimes," MPRA Paper 98852, University Library of Munich, Germany.
- repec:aly:journl:202049 is not listed on IDEAS
- Jeffrey A. Frankel, 2009.
"New Estimation Of China'S Exchange Rate Regime,"
Pacific Economic Review, Wiley Blackwell, vol. 14(3), pages 346-360, August.
- Frankel, Jeffrey, 2008. "New Estimation of China's Exchange Rate Regime," Working Paper Series rwp08-077, Harvard University, John F. Kennedy School of Government.
- Jeffrey A. Frankel, 2009. "New Estimation of China's Exchange Rate Regime," NBER Working Papers 14700, National Bureau of Economic Research, Inc.
Corrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:eee:asieco:v:9:y:1998:i:4:p:555-580. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Catherine Liu (email available below). General contact details of provider: http://www.elsevier.com/locate/asieco .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.