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Subject
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Arbeiter 1 Bounded rationality 1 Decision 1 East Asia Abstract: This paper assesses the empirical desirability of the East Asian economies to an alternative exchange rate arrangement (a monetary union) that can potentially enhance the exchange rate stability and credibility in the region. Specifically 1 Entscheidung 1 Exchange rate 1 Men 1 Monetary Union 1 Männer 1 Optimum Currency Area 1 Textile industry 1 Textilindustrie 1 Vector autoregression 1 Workers 1 as a preliminary guide in identifying potential candidates for forming an OCA. The preliminary findings of this study suggest that there exists scope among some small sub-regions for potential monetary integration 1 decision premises 1 expected utility 1 methodology 1 rational man 1 satisfying 1 search for satisfying options 1 the symmetry in macroeconomic disturbances of the East Asian economies is examined as satisfying one of the preconditions for forming an Optimum Currency Area (OCA). The Structural Vector Autoregression (VAR) method is employed to assess the nature of macroeconomic disturbances among the East Asian countries 1 to devote to programmed tasks 1 unsatisfied aspirations 1
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Online availability
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Free 3
Type of publication
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Article 2 Book / Working Paper 1
Type of publication (narrower categories)
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Article in journal 1 Aufsatz in Zeitschrift 1
Language
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English 2 Spanish 1
Author
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Azali, M. 1 Gündüz, Ertan 1 Lee, Grace H.Y. 1 Marqués, Gustavo 1 Weisman, Diego 1
Institution
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Department of Econometrics and Business Statistics, Monash Business School 1
Published in...
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Economía 1 International journal of business & management : IJoBM 1 Monash Economics Working Papers 1
Source
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RePEc 2 ECONIS (ZBW) 1
Showing 1 - 3 of 3
Did you mean: subject:"satisficing" (1,409 results)
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Effect of decision premises that resolve issues on workers : case of Istanbul textile industry
Gündüz, Ertan - In: International journal of business & management : IJoBM 6 (2018) 1, pp. 1-7
Persistent link: https://www.econbiz.de/10011859572
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Optimum Currency Areas in East Asia: A Structural VAR Approach
Lee, Grace H.Y.; Azali, M. - Department of Econometrics and Business Statistics, … - 2009
Asian economies is examined as satisfying one of the preconditions for forming an Optimum Currency Area (OCA). The … satisfying condition of OCA. This study aims to empirically assess the suitability of the East Asian economies for potential … monetary integration on the basis of their symmetry in macroeconomic disturbances, as satisfying one of the preconditions for …
Persistent link: https://www.econbiz.de/10005064125
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On the futility of criticizing Simon´s rational choice model
Marqués, Gustavo; Weisman, Diego - In: Economía 33 (2008) 26, pp. 43-62
Models of Bounded Rationality are often seen as more realistic than the traditional alternatives based on the fully-rational homo economicus, assumed by Expected Utility Theory (EUT). In his seminal paper on Bounded Rationality Simon (1955) pictured a decision maker as having computational...
Persistent link: https://www.econbiz.de/10004966338
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