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Capital Inflows, Inflation and Exchange Rate Volatility : An Investigation for Linear and Nonlinear Causal Linkages

Rashid, Abdul; Husain, Fazal - East Asian Bureau of Economic Research (EABER) - 2010

, we investigate the effects of capital inflows on domestic price level, monetary expansion and exchange rate volatility … volatility. …

Persistent link: https://www.econbiz.de/10009363920

The Indian Exchange Rate and Central Bank Action : A GARCH Analysis

Goyal, Ashima; Arora, Sanchit - East Asian Bureau of Economic Research (EABER) - 2010

, intervention and other quantitative measures, and of Central Bank communication on exchange rate volatility. Since India has a …

Persistent link: https://www.econbiz.de/10009363921

PROSPECTS FOR ENHANCED EXCHANGE RATE COOPERATION IN EAST ASIA : SOME PRELIMINARY FINDINGS FROM GENERALIZED PPP THEORY

Wilson, Peter; Choy, Keen Meng - East Asian Bureau of Economic Research (EABER) - 2006

The Asian financial crisis increased economic disparities in the East Asian region, thus making monetary integration more difficult, but rekindled political interest in Asian monetary and exchange rate cooperation. This paper applies the theory of Generalized Purchasing Power Parity (G-PPP),...

Persistent link: https://www.econbiz.de/10009363934

ââ‚¬Å“Incentives from Exchange Rate Regimes in an Institutional Context"

Goyal, Ashima - East Asian Bureau of Economic Research (EABER) - 2005

values. Under correct incentives, such as provided by a middling exchange rate regime, which imparts limited volatility to …

Persistent link: https://www.econbiz.de/10009363977

RMB Exchange Rate and Local Currency Price Stability : The Case of China and ASEAN+3

Feng, Xiao Bing - East Asian Bureau of Economic Research (EABER) - 2006

associated with the exchange rate changes across export destination markets. Exports that are substitutes for local products …

Persistent link: https://www.econbiz.de/10009363982

Real Exchange Rate in China : A Long-run Perspective

Gao, Haihong - East Asian Bureau of Economic Research (EABER) - 2006

This paper investigates the RMB exchange rate from a long-run viewpoint. Whether Chinas rapid economic growth brought about real exchange rate appreciation between 1975 and 2002 is empirically examined, based on a supply-side model, the BalassaSemuelson Hypothesis (BSH). The same test is...

Persistent link: https://www.econbiz.de/10009363987

Regional Currency Unit in Asia : Property and Perspective

Moon, Woosik; Rhee, Yeongseop; Yoon, Deokryong - East Asian Bureau of Economic Research (EABER) - 2006

This paper examines different properties of the regional currency unit (RCU) in Asia and estimates the value of the RCU as a weighted average of East Asian currencies according to the method used to calculate the ECU under the EMS. The basket feature of the RCU yields benefits and costs. First,...

Persistent link: https://www.econbiz.de/10009363988

MANAGING EXCHANGE RATE VOLATILITY : A COMPARATIVE COUNTERFACTUAL ANALYSIS OF SINGAPORE 1994 TO 2003

Wilson, Peter; Ren, Henry Ng Shang - East Asian Bureau of Economic Research (EABER) - 2006

The objective of this paper is see how well Singapores exchange rate regime has coped with exchange rate volatility … volatility of the nominal effective exchange rate (NEER) and the bilateral rate against the US$ against some counterfactual … of volatility for the actual and simulated exchange rate regimes. Our findings confirm that Singapores managed floating …

Persistent link: https://www.econbiz.de/10009363991

Bilateral J-Curves between Pakistan and Her Trading Partners

Aftab, Zehra; Khan, Sajawal - East Asian Bureau of Economic Research (EABER) - 2008

Earlier studies that investigated the J-Curve phenomenon for Pakistan employed aggregate trade data. These studies suffered from the aggregation bias problem. In order to overcome this constraint, this paper tests the effects of real exchange rate depreciation in the Pakistani Rupee on the...

Persistent link: https://www.econbiz.de/10009365126

Currency Regime and Monetary Autonomy

Taguchi, Hiroyuki - East Asian Bureau of Economic Research (EABER) - 2009

This paper analyzes the exchange rate regimes from the perspective of monetary independence through examining the sensitivity of the domestic interest rate to the international interest rate under different regimes. To be specific, by using recent and global data, we first examine co-integration...

Persistent link: https://www.econbiz.de/10009365407