Shimizu, Junko; Ogawa, Eiji - Institute of Economic Research, Hitotsubashi University - 2009
global financial crisis. Accordingly, monitoring both the AMU and the AMU Deviation Indicators is effective in stabilizing … financial crisis. We found that the NEER were more stable in countries that adopted the currency basket system even during the … the Asian Monetary Unit (AMU), which is the weighted average of East Asian currencies, during the course of the global …