The rise of a new anchor currency in RCEP? A tale of three currencies
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DOI: 10.1016/j.econmod.2021.105647
Abstract: We propose a flow-based criterion (intensity of use) and a stock-based criterion (stability of value) for choosing an anchor currency. This conceptual framework is applied to analyzing the RCEP region. According to the estimated TVP-VAR… read more here.
Keywords: criterion; currency; currency rcep; rise new ... See more keywords