Stabilization of Effective Exchange Rates Under Common Currency Basket Systems
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We investigate the extent to which a common currency basket peg would stabilize effective exchange rates of East Asian currencies. We use an AMU (Asian Monetary Unit), which is a weighted average of ASEAN10 plus 3 (Japan, China, and Korea) currencies, as a common currency basket to investigate the
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美国国家经济研究局创建时间：
2006-05-01
