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Emerging Economies’ Supply Shocks and Japan’s Price Deflation : International Transmissions in a Three-Country DSGE Model
Hirakata, Naohisa; Iwasaki, Yuto; Kawai, Masahiro - East Asian Bureau of Economic Research (EABER) - 2014
countries and analyze the impact of a supply shock in an emerging economy, the People’s Republic of China (PRC), on inflation … rates in two developed economies, the United States (US) and Japan. We demonstrate that the assumed asymmetric trade … supply shock in the PRC. Specifically, Japan is under a greater deflationary pressure than the US because of its vertical …
Persistent link: https://www.econbiz.de/10011134369
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Asian Tigers’ Choices : An Overview
Chow, Hwee Kwan - East Asian Bureau of Economic Research (EABER) - 2010
surplus but that there is considerable variation across the countries, with Hong Kong, China exhibiting the biggest increase … consumer demand, especially for the larger economies of Korea and Taipei,China. Moreover, the rising affluence and living … standards in fast growing regional economies such as the Peoples Republic of China (PRC) offers the Asian tigers the potential …
Persistent link: https://www.econbiz.de/10009363426
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Investigating the Effect of Exchange Rate Changes on the People’s Republic of China’s Processed Exports
Thorbecke, Willem - East Asian Bureau of Economic Research (EABER) - 2010
Japan, the Republic of Korea, and other East Asian supply chain countries, it is important to control for exchange rate …
Persistent link: https://www.econbiz.de/10009363842
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How Would an Appreciation of the Yuan Affect the People’s Republic of China’s Surplus in Processing Trade?
Thorbecke, Willem - East Asian Bureau of Economic Research (EABER) - 2010
Enormous trade surpluses are problematic for the Peoples Republic of China (PRC) and the rest of the world. They …
Persistent link: https://www.econbiz.de/10009364000
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Issues for Renminbi Internationalization : An Overview
Eichengreen, Barry; Kawai, Masahiro - East Asian Bureau of Economic Research (EABER) - 2014
The growing weight of the People’s Republic of China (PRC) in the world economy, measured by gross domestic product …-denominated bond issuance in Hong Kong, China, but that RMB internationalization is still limited due to capital account controls. The … supervision—which in turn would call for greater exchange rate flexibility so that the People’s Bank of China (PBOC) can enjoy …
Persistent link: https://www.econbiz.de/10011134343
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Issues for Renminbi Internationalization : An Overview
Eichengreen, Barry; Kawai, Masahiro - East Asian Bureau of Economic Research (EABER) - 2014
The growing weight of the People’s Republic of China (PRC) in the world economy, measured by gross domestic product …-denominated bond issuance in Hong Kong, China, but that RMB internationalization is still limited due to capital account controls. The … supervision—which in turn would call for greater exchange rate flexibility so that the People’s Bank of China (PBOC) can enjoy …
Persistent link: https://www.econbiz.de/10011134377
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The Effect of Exchange Rate Changes on Trade in East Asia
Thorbecke, Willem - East Asian Bureau of Economic Research (EABER) - 2011
. Recent findings also indicate that imbalances between the People’s Republic of China (PRC) and the United States are a …
Persistent link: https://www.econbiz.de/10011278034
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The Effect of Exchange Rate Changes on Trade in East Asia
Thorbecke, Willem - East Asian Bureau of Economic Research (EABER) - 2011
. Recent findings also indicate that imbalances between the People’s Republic of China (PRC) and the United States are a …
Persistent link: https://www.econbiz.de/10011278082
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The Effect of Exchange Rate Changes on Trade in East Asia
Thorbecke, Willem - East Asian Bureau of Economic Research (EABER) - 2011
. Recent findings also indicate that imbalances between the People’s Republic of China (PRC) and the United States are a …
Persistent link: https://www.econbiz.de/10011278129
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Asia’s Post-Global Financial Crisis Adjustment : A Model-Based Dynamic Scenario Analysis
Kawai, Masahiro; Zhai, Fan - East Asian Bureau of Economic Research (EABER) - 2010
Using a dynamic global general equilibrium model, the paper assesses the short- and medium-term impacts of the global financial crisis on Asian economies and the implications of post-crisis adjustment in emerging East Asia (EEA) for the world economy. The analysis suggests that EEA is unlikely...
Persistent link: https://www.econbiz.de/10009363824