Effective Exchange Rates in Japan, 1879-1938
This 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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- Bordo, Michael D. & Rockoff, Hugh, 1996.
"The Gold Standard as a “Good Housekeeping Seal of Approval”,"
The Journal of Economic History,
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- 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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- Edouard B. Maciejewski, 1983. ""Real" Effective Exchange Rate Indices: A Re-Examination of the Major Conceptual and Methodological Issues (Les indices de taux de change effectifs "rÃ©els": un rÃ©examen des princ," IMF Staff Papers, Palgrave Macmillan, vol. 30(3), pages 491-541, September. Full references (including those not matched with items on IDEAS)
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