Fear of Floating and Optimal Exchange Rate Policy in Emerging Economies
Project/Area Number |
24730273
|
Research Category |
Grant-in-Aid for Young Scientists (B)
|
Allocation Type | Multi-year Fund |
Research Field |
Public finance/Monetary economics
|
Research Institution | Kyushu University |
Principal Investigator |
|
Project Period (FY) |
2012-04-01 – 2015-03-31
|
Project Status |
Completed (Fiscal Year 2014)
|
Budget Amount *help |
¥3,250,000 (Direct Cost: ¥2,500,000、Indirect Cost: ¥750,000)
Fiscal Year 2014: ¥910,000 (Direct Cost: ¥700,000、Indirect Cost: ¥210,000)
Fiscal Year 2013: ¥1,040,000 (Direct Cost: ¥800,000、Indirect Cost: ¥240,000)
Fiscal Year 2012: ¥1,300,000 (Direct Cost: ¥1,000,000、Indirect Cost: ¥300,000)
|
Keywords | 為替政策 / 小国開放経済 / 外貨建て資金調達 / 信用制約 / Fear of Floating |
Outline of Final Research Achievements |
This research analyzes impacts of exchange rate risks in international trade and finance on emerging economies, and verifies which risk has a more serious impact. Our results suggest that in the fear of floating discussions, irrespective of trade openness and exchange rate pass-through, exchange rate policies to defuse exchange rate risks in finance stabilizes macroeconomic volatilities more efficiently.
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Report
(4 results)
Research Products
(8 results)