哈佛大学Robert J. Barro论文，East Asian Currency Union

相似文件 换一批

是 否 +2 论坛币

k人 参与回答

经管之家送您一份

应届毕业生专属福利!

求职就业群

赵安豆老师微信：zhaoandou666

经管之家联合CDA

送您一个全额奖学金名额~ !

立即领取

感谢您参与论坛问题回答

经管之家送您两个论坛币！

+2 论坛币

东亚货币单位，East Asian Currency Union，Jong-Wha Lee，Robert J. Barro，发表于October 2006。
Abstract
This paper analyzes the feasibility of various types of currency unions, such as a dollar bloc, Euro bloc, Yen bloc, and basket currency bloc in East Asia, and empirically estimates welfare effects of a currency union for East Asian economies. Judging from
optimum currency area (OCA) criteria, including the symmetry of output and price shocks across countries, commitment to price stability, and trade and financial integration, East Asia does not appear to have very favorable economic conditions for a currency
union, particularly when compared to the euro area. The low political proximity between Japan and other East Asian economies restricts Japan’s leadership in the creation of an East Asian currency union. Calibrations of a representative agent model suggest that, for most countries in East Asia, a currency union involving a broad group of economies would generate net welfare gain. However, if the increased volatility due to the loss of monetary policy independence incurs a significantly negative effect on growth, the larger East Asian economies such as China, Indonesia, Japan, and Korea may suffer from net welfare loss. A substantial welfare gain from joining an East Asian currency union would occur if a currency union lowers the probability and size of disasters such as wars and financial crises in East Asia.

扫码加我 拉你入群

请注明：姓名-公司-职位

以便审核进群资格，未注明则拒绝

分享0 收藏0 回帖

关键词：currency Robert Asian Rober Union Jong-Wha Lee

呵呵。。现在建立的可能性不大，特别是在朝核问题下

Thx very much！