two decades of pegging at 360 yen, Japan decoupled from the dollar on August 1971 and then repegged at a revalued rate of … to recent Chinese policy initiatives.We analyze the impact of Japan's exit from its peg on exports and investment. The … profits and damage investment. For China this suggests starting with a modest band widening and a limited increase in …

For China this suggests starting with a modest band widening and a limited increase in flexibility, and not with a … two decades of pegging at 360 yen, Japan decoupled from the dollar on August 1971 and then repegged at a revalued rate of …We analyze the impact of Japan's exit from its peg on exports and investment. The results point to sizeable effects of …

On August 11 2015, China revamped its procedure of setting the official central parity of the renminbi (RMB) against … the US dollar. Our empirical investigation shows that the intertemporal dynamics of China's central parity are not the … for the RMB exchange rate against the currency basket revealed by China in December 2015 in the fixing process. …