IS EAST ASIA FIT FOR AN OPTIMUM CURRENCY AREA? AN ASSESSMENT OF THE ECONOMIC FEASIBILITY OF A HIGHER DEGREE OF MONETARY COOPERATION IN EAST ASIA

This paper attempts to make a contribution to the recent search for a suitable assessment of the economic feasibility of a higher degree of monetary cooperation in East Asia. By using a structural vector autoregression approach as well as a generalized purchasing power parity approach, we find that...

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Veröffentlicht in:	Developing economies 2006-09, Vol.44 (3), p.288-305
Hauptverfasser:	AHN, Changmo, KIM, Hong‐Bum, CHANG, Dongkoo
Format:	Artikel
Sprache:	eng
Schlagworte:	Currencies Development studies East Asia Economic cooperation F42 Generalized PPP International economic policy Macroeconomics Monetary coordination N15 Optimal currency area Optimum currency area Structural VAR
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