China’s Equilibrium Real Exchange Rate: A Counterfactual Analysis (2001)
China’s maintenance of a de facto peg against the US dollar during the Asian crisis caused a realignment of exchange rates in the Asian region. This paper explores the “equilibrium”...
China’s Equilibrium Real Exchange Rate: A Counterfactual Analysis (2001)
China’s maintenance of a de facto peg against the US dollar during the Asian crisis caused a realignment of exchange rates in the Asian region. This paper explores the “equilibrium” level of...
China’s Equilibrium Real Exchange Rate: A Counterfactual Analysis (2001)
Bu, Yongxiang, Tyers, Rod, School Of Economics
China’s maintenance of a de facto peg against the US dollar during the Asian crisis caused a realignment of exchange rates in the Asian region. This paper explores the “equilibrium” level of...
China’s Equilibrium Real Exchange Rate: A Counterfactual Analysis (2001)
China’s maintenance of a de facto peg against the US dollar during the Asian crisis caused a realignment of exchange rates in the Asian region. This paper explores the “equilibrium” level of...
China’s Equilibrium Real Exchange Rate: A Counterfactual Analysis (2001)
China’s maintenance of a de facto peg against the US dollar during the Asian crisis caused a realignment of exchange rates in the Asian region. This paper explores the “equilibrium” level of...
China’s Equilibrium Real Exchange Rate: A Counterfactual Analysis
Rod Tyers, Yongxiang Bu, Ian Bain
China’s maintenance of a de facto peg against the US dollar during and following the Asian financial crisis caused a realignment of exchange rates in the Asian region. This paper explores the...
CHINA'S EQUILIBRIUM REAL EXCHANGE RATE: A COUNTERFACTUAL ANALYSIS
Rod Tyers, Iain Bain, Yongxiang Bu
China's 'equilibrium' real effective exchange rate is explored using an adaptation of the Devarajan-Lewis-Robinson three-good general equilibrium model under a variety of assumptions about the...