Using the analytical framework of the environmental Kuznets curve, this study examines whether the latecomers economies in East Asia enjoy technological spillover effects (latecomers advantage) or suffer pollution haven damages (latecomers disadvantage) in their environmental pollution...

This paper provides empirical evidence on the effects of mergers and acquisitions (M&A) on employment in Japan. It contributes to the literature by capturing dynamic employment impacts of various types of M&A using the latest micro data of firms financial statements. Our main findings are : the...

This paper aims at assessing the performance of the inflation targeting framework from the quantitative perspective of the money and inflation relationship, focusing on the four East Asian economies, i.e. Korea, Indonesia, Thailand and the Philippines, who adopted the inflation targeting...

This paper examines the trends in monetary autonomy and its interaction with financial integration, currency regime and foreign reserves for the past two decades in select Asian countries viz., Thailand, Korea, Indonesia, Philippines, and India. Our main findings are as follows : First,...

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...

This article sets out to assess the performance of inflation targeting (IT) frameworks from the perspective of the pass-through effect of external price shocks into consumer price inflation, focusing on the four East Asian economies which have adopted IT, during the period of 1990-2009. We first...