Overview
In this project, we aim to further develop the research from our previous project "Exchange Rates and International Currency." In the previous project, to provide broad policy implications, we focused on four topics: Exchange rates and currency system; invoice currency and exchange rate pass-through; macroeconomic analysis of current account, capital account and trade structure; and exchange rates and Japanese firms' oversea business activities. In this project, we add a new topic; "choice of invoice currency, exchange rate risk management and export decision: Evidence for Japanese SMEs" to the previous four topics 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. We are also making efforts towards publication in reputable academic journals.
December 1, 2021 - May 31, 2024
(During the research project period, the research activity period is set from December 1, 2021 to November 30, 2023, and the data usage reporting period is set from December 1, 2023 to May 31, 2024.)
Major Research Results
2024
RIETI Discussion Papers
2023
RIETI Discussion Papers
- 24-E-019
"Firms' Internationalization Decisions and Demand Learning" (TANI Naoki and OGAWA Eiji) - 24-E-008
"Asymmetric Exchange Rate Pass-through between Unexpected Yen Appreciation and Depreciation: The case for Japanese machinery exports" (LIU Nan and SATO Kiyotaka) - 24-E-006
"Global Risk Factors and Their Impacts on Interest Rates and Exchange Rates: Evidence from ASEAN+4 economies" (OGAWA Eiji and LUO Pengfei) - 23-E-032
"Export Experience and the Choice of Invoice Currency: Evidence from a questionnaire survey of Japanese SMEs" (GOTO Mizuki, HAYAKAWA Kazunobu, KOIBUCHI Satoshi and YOSHIMI Taiyo) - 24-J-004
"2021 RIETI Survey on Currency Risk Management and Invoice Currency Choice of Japanese Listed Manufacturing Firms" (ITO Takatoshi, KOIBUCHI Satoshi, SATO Kiyotaka, SHIMIZU Junko and YOSHIMI Taiyo) - 24-J-002
"Choice of Invoice Currency and Exchange Rate Risk Management: FY2022 questionnaire survey with Japanese overseas subsidiaries" (SATO Kiyotaka, KOIBUCHI Satoshi, ITO Takatoshi, SHIMIZU Junko and YOSHIMI Taiyo)
