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Development
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Author
Ito, Hiro
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within 10 Years
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Subject
International Economics
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Database
PDX Scholar
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This paper investigates the potential impacts of the degree of divergence in open macroeconomic policies in the context of the trilemma hypothesis. Using an index that measures the relative policy divergence ...
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2. [Article] Trade Invoicing in Major Currencies in the 1970s-1990s: Lessons for Renminbi Internationalization
In this paper, we investigate how much a major currency is used for trade invoicing by focusing primarily on the experiences of the U.S. dollar, the Japanese yen, and the Deutsche mark (DM) in the 1970s ...Citation -
3. [Article] Clamoring for Greenbacks: Explaining the Resurgence of the U.S. Dollar in International Debt
This paper investigates the determinants of currency denomination in international debt. Using data on currency shares for international debt securities for 82 countries from 1995 through 2013, we find ...Citation