Episodes of large exchange rate appreciations and reserves accumulations in selected Asian economies: Is fear of appreciations justified?
Victor Pontines; Reza Siregar;
jel: jel:F31 | jel:F4 | jel:F32
The objective of our paper is to provide an empirical platform to the debate on the macroeconomic consequences of large currency appreciations. Observing the experiences of six major Asian economies (the ASEAN-5 (Indonesia, Malaysia, Philippines, Thailand and Singapore)... View more
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