Kiyotaka Sato   Junko Shimizu   Nagendra Shrestha   Zhaoyong Zhang   
WORLD ECONOMY 35(4) 419-443 2012年4月
We estimate the nominal equilibrium exchange rate (EER) of the Chinese renminbi (RMB) vis-a-vis the US dollar from 1995 to 2009. While most of the recent empirical studies on the EER employ a cross-country analysis, country-specific factors, espec...
Journal of International Commerce, Economics and Policy 2(1) 67-83 2011年6月
Ogawa and Shimizu (2005) proposed an Asian Monetary Unit (AMU), which is a common currency basket composed of ASEAN plus three Asian currencies, and AMU Deviation Indicators (AMU DIs), which indicates deviations of each Asian currency in terms of ...