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On the Desirability of a Regional Basket Currency Arrangement
Ogawa, Eiji - 2000
economies that export goods to the U.S., Japan, and neighboring countries. The optimality of the exchange rate regime is defined …
Persistent link: https://www.econbiz.de/10012470729
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How Did the Dollar Peg Fail in Asia?
Ito, Takatoshi - 1999
Japanese and US firms in their markets. The duopoly model is used to determine export prices and volumes in response to the … fluctuation of the growth rate of trade balance is derived. These are the novel features of our model. The export price equation … and export volume equation are estimated for several Asian countries for the sample period of 1981 to 1996. Results are …
Persistent link: https://www.econbiz.de/10012471508
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Why has the yen failed to become a dominant invoicing currency in Asia? A firm-level analysis of Japanese Exporters' invoicing behavior
Ito, Takatoshi - 2010
It has been a well-known puzzle why the yen has not been used more in trade invoicing among Japanese exporters. Despite the yen's status as an only fully convertible currency in Asia, two patterns stand out as puzzling features of an excessively small share of yen invoicing: First, a strong...
Persistent link: https://www.econbiz.de/10012462424