RIEBセミナー （RIEB Seminar）
| 日時： （Date&Time) |
3月7日（金）午後3時30分から （Friday, March 7, 3:30pm〜） |
| 報告者： （Speaker） |
Jong-Wha LEE |
| 所属： （Affiliation） |
神戸大学 （Kobe University） |
| 論題： （Topic） |
Exchange Rate Regimes and Monetary Independence in East Asia
|
| 概要： （Abstract） |
This paper examines whether changes in exchange rate arrangements have affected monetary independence in East Asian countries after the 1997 Asian crisis. We find that the sensitivity of local to U.S. interest rates has declined for many Asian countries since they adopted floating exchange rate regimes after the crisis. This empirical finding suggests that the choice of exchange rate regime is an important factor for the independence of monetary policy. Floating regimes appear to offer East Asian countries at least some degree of monetary independence after the East Asian crisis. |
| 会場： (Place) |
神戸大学経済経営研究所 調査室 （兼松記念館1階） Seminar Room at RIEB (Kanematsu Memorial Hall 1st Floor) |
| 対象： （Intended Audience) |
教官、院生、および同等の知識をお持ちの方 Faculty, graduate students, and people with equivalent knowledge |
| 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。 |