Exchange Rate Shocks and Assessing the Prospect of a Common Currency Union in East Asia
This article investigates the role of real exchange rates on the ASEAN integration process by using a VAR model estimated for each ASEAN member with data for 1960 through 2010. Empirical results show that there is substantial heterogeneity among the ASEAN economies and demonstrate no significant imp...
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| Format: | Conference Paper |
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World Business Institute Australia
2012
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| Online Access: | http://hdl.handle.net/20.500.11937/27818 |