Series: IMF Working Papers
Author(s): Kazuko Shirono
Publisher: INTERNATIONAL MONETARY FUND
Publication Date: 01 January 2009
Keywords: Currency Union, Gravity Model, currency unions, trade effects, exchange rate, regional trade, bilateral trade,
This paper examines the role of Japan against that of China in the exchange rate regime in East Asia in light of growing interest in forming a currency union in the region. The analysis suggests that currency union...