Research Programs: Macroeconomy and Low Birthrate/Aging Population

Exchange Rates and International Currency

Project Leader/Sub-Leader


OGAWA Eiji (Faculty Fellow)



In this project, we aim to develop the research performed in our previous project "Exchange Rates and International Currency." In the previous project, 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, capital account and trade structure. In this project, we retain these three themes and deepen our research activities. Further, through publishing our original datasets (the Asian Monetary Unit, the Asian Monetary Unit Deviation Indicator and the Industry-specific Real Effective Exchange Rates), we open our research results to the public. Also, we will make utmost efforts to publish our research papers in appropriate academic journals.

October 1, 2019 - September 30, 2021

Major Research Results


RIETI Discussion Papers


RIETI Discussion Papers