| Article ID | Journal | Published Year | Pages | File Type |
|---|---|---|---|---|
| 5055491 | Economic Modelling | 2012 | 7 Pages |
Abstract
⺠East Asia has less symmetric underlying structural shocks than Europe. ⺠The speed of adjustment to shocks is much faster in East Asia than in Europe. ⺠There exists a scope among some small sub-regions for potential monetary integration. ⺠China and Korea should be excluded from any regional monetary arrangement for the time-being. ⺠Increased regional policy-coordination after a financial crisis has increased the symmetry of shocks among countries.
Related Topics
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Economics and Econometrics
Authors
Grace H.Y. Lee, Sharon G.M. Koh,