Analysis on structural changes and imbalances of the world economy
Project/Area Number |
20530263
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Research Category |
Grant-in-Aid for Scientific Research (C)
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Allocation Type | Single-year Grants |
Section | 一般 |
Research Field |
Public finance/Monetary economics
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Research Institution | Kwansei Gakuin University (2010-2011) University of Tsukuba (2008-2009) |
Principal Investigator |
FUJII Eiji 関西学院大学, 経済学部, 教授 (20321961)
|
Project Period (FY) |
2008 – 2011
|
Project Status |
Completed (Fiscal Year 2011)
|
Budget Amount *help |
¥3,770,000 (Direct Cost: ¥2,900,000、Indirect Cost: ¥870,000)
Fiscal Year 2011: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2010: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
Fiscal Year 2009: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2008: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
|
Keywords | 経常収支 / 為替レート / ミスアラインメント / 不均衡 / 実質為替レート / 人民元 / 構造変化 |
Research Abstract |
A central economic challenge that the world faces is to how to re-balance the global current account imbalance. This research analyzes the problem and related policy issues from a perspective of currency misalignment. We find that the oft-used currency misalignment estimates are not robust to modifications in methodologies, assumptions, and data revisions. Based on these, we argue that a fundamental revision is necessary to the ongoing policy discussion for resolution of the problem.
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Report
(6 results)
Research Products
(15 results)
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[Presentation] The Penn effect2011
Author(s)
Eiji Fujii
Organizer
Workshop on "Global interdependence, Decoupling, and Re-coupling"
Place of Presentation
Venice International University, Venice, Italy
Year and Date
2011-07-23
Related Report
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