| 日時： （Date&Time) |
7月4日（木）午後3時30分から午後5時 （Thursday, July 4, 3:30pm〜5:00pm） |
| 報告者： （Speaker） |
Kwanho SHIN |
| 所属： （Affiliation） |
高麗大学 （Korea University） |
| 論題： （Topic） |
A Currency Union in East Asia  |
| 概要： （Abstract） |
This paper investigates prospects of a currency union in East Asia, focusing on trade and financial integration occurring in the region. We find, based on a dynamic factor model, regional common shocks have been quantitatively important for output variations in the Asian economies. We expect that continuing trade integration in the region will lead to further synchronization of business cycles, thereby encouraging East Asian countries to create a currency union in the region. In contrast to trade, however, financial liberalization in East Asia tends to lead to more global integration, rather than regional integration, of the financial systems, and thereby is not likely to develop favorable conditions for forming a regional currency union among East Asian countries. |
| 会場： (Place) |
神戸大学経済経営研究所 会議室 （兼松記念館 新館2階） Meeting Room (New Building 2nd floor) |
| 備考： (Note) |
論文のコピーは開催日の１週間前に研究助成室にご用意いたします。 |