Exploring the use of exchange market pressure and RMU deviation indicator for early warning system (EWS) in the ASEAN+3 region

• Main Authors: Castell, Marvin Raymond F., Dacuycuy, Lawrence B.
• Format: text
• Published: Animo Repository 2009
• Subjects: Financial crises; Capital movements; Economics
• Online Access: https://animorepository.dlsu.edu.ph/faculty_research/663
• Institution: De La Salle University

Although macroeconomic and financial surveillance mechanisms have been in place both at the global level and at the Asia regional level, the results of the empirical analysis provide some evidence that a regional monetary unit (RMU) can be used to supplement existing surveillance tools for improved...