Real Effects of Common Currencies in East Asia

Real Effects of Common Currencies in East Asia
Since the 1997 Asian currency crisis, new interest has emerged in the formation of a common currency area in East Asia. This paper provides estimates of trade and welfare effects of East Asian currency unions, using a micro-founded gravity model. Counter-factual experiments to assess the effects of various hypothetical currency arrangements for... READ MORE...

Publication date: July 2007
ISBN 9781451867305
$18.00

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