지원사업
학술연구/단체지원/교육 등 연구자 활동을 지속하도록 DBpia가 지원하고 있어요.
커뮤니티
연구자들이 자신의 연구와 전문성을 널리 알리고, 새로운 협력의 기회를 만들 수 있는 네트워킹 공간이에요.
논문 기본 정보
- 자료유형
- 학술대회자료
- 저자정보
- 발행연도
- 2011.12
- 수록면
- 43 - 69 (27page)
이용수
초록· 키워드
오류제보하기
Using a regime-switching regression model, first, we find evidence of synchronization between Swiss franc exchange rates of floating East-Asian-currencies and Swiss franc-yen exchange rate over the period 1999-2006 and it is shown that the volatility of Swiss franc-East Asian currencies’ exchange rates is higher during the synchronization period than the desynchronization period. Second, contrary to traditional arguments concerning the yen-bloc, we find that the “export similarity index” and FPI between Japan and East Asian countries are the two main determinants of yen-synchronization in the region. Finally, micro-structural analysis shows that the weeks of synchronization is greater during the period of strong yen for Korea and Taiwan but there are no asymmetric response for Thailand, Indonesia and Philippines.
목차
Abstract
I. Introduction
II. Previous Studies
III. Markov Switching Regression Model and Micro-structural Analysis
IV. Determinants of yen synchronization in East Asia
V. Conclusions
References
참고문헌 (0)
참고문헌 신청이 논문의 저자 정보
최근 본 자료
댓글(0)
0
UCI(KEPA) : I410-ECN-0101-2013-326-001689312