Please use this identifier to cite or link to this item:
https://hdl.handle.net/2440/2302
Citations | ||
Scopus | Web of ScienceĀ® | Altmetric |
---|---|---|
?
|
?
|
Type: | Journal article |
Title: | Misalignment of the Baht and its trade balance consequences for Thailand in the 1980s and 1990s |
Author: | Rajan, R. Sen, R. Siregar, R. |
Citation: | The World Economy, 2004; 27(7):985-1012 |
Publisher: | Blackwell Publ Ltd |
Issue Date: | 2004 |
ISSN: | 0378-5920 1467-9701 |
Statement of Responsibility: | Ramkishen S. Rajan, Rahul Sen, Reza Y. Siregar |
Abstract: | This paper examines Thailand's pre-crisis exchange rate policy, focusing on the degree of the country's real exchange rate misalignment pre-crisis and its consequent effects on Thailand's trade balance with its two large trading partners, the US and Japan, in the 1980s and 1990s. Defining misalignment as the difference between actual and 'equilibrium' exchange rates, we estimate three key 'equilibrium' exchange rates of the Thai baht: (a) the real effective equilibrium exchange rate of the Thai baht against its twenty-two major trading partners; (b) the bilateral real equilibrium exchange rates of the baht against the US dollar; and (c) the bilateral real equilibrium exchange rate of the baht against the Japanese yen. |
Description: | The definitive version is available at www.blackwell-synergy.com |
DOI: | 10.1111/j.1467-9701.2004.00638.x |
Published version: | http://www.blackwell-synergy.com/doi/abs/10.1111/j.1467-9701.2004.00638.x |
Appears in Collections: | Aurora harvest 2 Economics publications |
Files in This Item:
There are no files associated with this item.
Items in DSpace are protected by copyright, with all rights reserved, unless otherwise indicated.