Our research project has created and published the dataset of the Asian Monetary Unit (AMU) and the Industry-specific Real Effective Exchange Rates, which have received significant attention from both domestic and foreign researchers. By applying these unique dataset on both macro and micro economic analyses from many different perspectives under the theme of "Exchange Rates and International Currency," the purpose of the research is to bring multifaceted policy implications to recent economic issues, including the changes of productive structure and the current account trends in Japan and Asia, spillover effects of U.S. monetary policy change on Asian currencies, and future exchange rate policy in Asia.
April 1, 2015 - March 31, 2017
Major Research Results
RIETI Discussion Papers
"Impacts of Oil Shocks on Exchange Rates and Macroeconomic Variables: A multi-country analysis" (IWAISAKO Tokuo and NAKATA Hayato)
"Inertia of the U.S. Dollar as a Key Currency through the Two Crises" (OGAWA Eiji and MUTO Makoto)
"Exchange Rate Pass-through in Production Chains: Application of input-output analysis" (Huong Le Thu HOANG and SATO Kiyotaka)
"The International Use of the Renminbi: Evidence from Japanese firm-level data" (SATO Kiyotaka and SHIMIZU Junko)