Effective Exchange Rates in Japan, 1879-1938
AbstractThis paper constructs nominal and real multilateral effective exchange rates ffor Japan during the period 1879-1938. Existing studies of Japanese quantitative economic history have tended to use the dollar-yen bilateral exchange rate. A comparison of different indices suggests that the new data offer new insights into Japan’s economic history.
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Bibliographic InfoPaper provided by Faculty of Economics, University of Cambridge in its series Cambridge Working Papers in Economics with number 9917.
Date of creation: Aug 1999
Date of revision:
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Web page: http://www.econ.cam.ac.uk/index.htm
Gold standard; Effective exchange rates; Business cycles;
Other versions of this item:
- F31 - International Economics - - International Finance - - - Foreign Exchange
- N11 - Economic History - - Macroeconomics and Monetary Economics; Industrial Structure; Growth; Fluctuations - - - U.S.; Canada: Pre-1913
- N43 - Economic History - - Government, War, Law, International Relations, and Regulation - - - Europe: Pre-1913
This paper has been announced in the following NEP Reports:
- NEP-ALL-2000-01-24 (All new papers)
- NEP-HIS-2000-01-24 (Business, Economic & Financial History)
- NEP-IFN-2000-01-24 (International Finance)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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The Journal of Economic History,
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- Michael D. Bordo, 1996. "The Gold Standard as a `Good Housekeeping Seal of Approval'," NBER Working Papers 5340, National Bureau of Economic Research, Inc.
- Ito, Takatoshi, 1997. "The Long-Run Purchasing Power Parity for the Yen: Historical Overview," Journal of the Japanese and International Economies, Elsevier, vol. 11(4), pages 502-521, December.
- Okura, Masanori & Teranishi, Juro, 1994. "Exchange Rate and Economic Recovery of Japan in the 1930s," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 35(1), pages 1-22, June.
- Nugent, Jeffrey B, 1973. "Exchange-Rate Movements and Economic Development in the Late Nineteenth Century," Journal of Political Economy, University of Chicago Press, vol. 81(5), pages 1110-35, Sept.-Oct.
- Wright, S., 1993. "Measures of Real Effective Exchange Rates," Cambridge Working Papers in Economics 9316, Faculty of Economics, University of Cambridge.
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