Overview
In this project, we aim to develop the research conducted in our previous project "Exchange Rates and International Currency." Specifically, to provide broad policy implications, we set three themes: Exchange rates and currency system; invoice currency and exchange rate pass-through; and macroeconomic analysis of current account and trade structure. Furthermore, through publishing our original datasets (Asian Monetary Unit, Asian Monetary Unit Deviation Indicator, and Industry-specific Real Effective Exchange Rates), we open our research results to the public. Also, we make concerted efforts to publish our work in reputed academic journals.
July 3, 2017 - June 30, 2019
Major Research Results
2019
RIETI Discussion Papers
- 19-E-078
"Exchange rate pass-through on Japanese prices: Import price, producer price, and core CPI" (SASAKI Yuri, YOSHIDA Yushi and Piotr Kansho OTSUBO) - 19-E-073
"Pegging or Floating? A Regime-Switching Perspective of Asian Exchange Rate Practices" (Benjamin KEDDAD and SATO Kiyotaka) - 19-E-060
"Invoice Currency Choice in Malawi's Imports from Asia: Is there any evidence of Renminbi Internationalization?" (Angella Faith LAPUKENI and SATO Kiyotaka) - 19-E-048
"Time-Variant Safe-Haven Currency Status and Determinants" (MASUJIMA Yuki) - 19-J-042
"Choice of Invoice Currency and Exchange Rate Risk Management: 2018 Questionnaire Survey of Japanese Overseas Subsidiaries" (ITO Takatoshi, KOIBUCHI Satoshi, SATO Kiyotaka, Shimizu Junko and YOSHIMI Taiyo)
2018
RIETI Discussion Papers
- 19-E-019
"Effects of US Interest Rate Hikes and Global Risk on Daily Capital Flows in Emerging Market Countries" (OGAWA Eiji, SHIMIZU Junko and LUO Pengfei) - 18-E-077
"What Determines Utility of International Currencies?" (OGAWA Eiji and MUTO Makoto) - 18-J-025
"Choice of Invoice Currency and Exchange Rate Risk Management: 2017 Questionnaire Survey with Japanese headquarters" (ITO Takatoshi, KOIBUCHI Satoshi, SATO Kiyotaka and SHIMIZU Junko)