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Internationalisation of emerging market currencies

In: The transmission of unconventional monetary policy to the emerging markets

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  • Guonan Ma
  • Agustin Villar

    (Bank for International Settlements)

Abstract

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Suggested Citation

  • Guonan Ma & Agustin Villar, 2014. "Internationalisation of emerging market currencies," BIS Papers chapters, in: Bank for International Settlements (ed.), The transmission of unconventional monetary policy to the emerging markets, volume 78, pages 71-86, Bank for International Settlements.
  • Handle: RePEc:bis:bisbpc:78-04
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    File URL: http://www.bis.org/publ/bppdf/bispap78d_rh.pdf
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    References listed on IDEAS

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    1. Yin‐Wong Cheung & Guonan Ma & Robert N. McCauley, 2011. "Renminbising China'S Foreign Assets," Pacific Economic Review, Wiley Blackwell, vol. 16(1), pages 1-17, February.
    2. John F. O. Bilson & Richard C. Marston, 1984. "Exchange Rate Theory and Practice," NBER Books, National Bureau of Economic Research, Inc, number bils84-1.
    3. Robert N. McCauley, 2013. "Renminbi internationalisation and China’s financial development," Journal of Chinese Economic and Business Studies, Taylor & Francis Journals, vol. 11(2), pages 101-115, May.
    4. Dagfinn Rime & Andreas Schrimpf, 2013. "The anatomy of the global FX market through the lens of the 2013 Triennial Survey," BIS Quarterly Review, Bank for International Settlements, December.
    5. Paul R. Krugman, 1984. "The International Role of the Dollar: Theory and Prospect," NBER Chapters, in: Exchange Rate Theory and Practice, pages 261-278, National Bureau of Economic Research, Inc.
    6. Michael D. Bordo & Christopher Meissner & Angela Redish, 2003. "How "Original Sin" was Overcome: The Evolution of External Debt Denominated in Domestic Currencies in the United States and the British Dominions," NBER Working Papers 9841, National Bureau of Economic Research, Inc.
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    Cited by:

    1. Wang, Qi & Zhang, Chunyu & Ding, Yi & Xydis, George & Wang, Jianhui & Østergaard, Jacob, 2015. "Review of real-time electricity markets for integrating Distributed Energy Resources and Demand Response," Applied Energy, Elsevier, vol. 138(C), pages 695-706.
    2. Adrian Amelung, 2014. "Emissionshandelssysteme für Treibhausgase: Funktionsweise und Vergleich bestehender Ausprägungsformen," Otto-Wolff-Institut Discussion Paper Series 05/2014, Otto-Wolff-Institut für Wirtschaftsordnung, Köln, Deutschland.
    3. Chiappini, Raphaël & Lahet, Delphine, 2020. "Exchange rate movements in emerging economies - Global vs regional factors in Asia," China Economic Review, Elsevier, vol. 60(C).
    4. Sébastien Kott‎ & Lionel Zevounou & Aurélien Camus & Vincent Mazzocchi, 2015. "Deuxième rapport d'étape CRDP-CNoCP," Working Papers hal-01630825, HAL.
    5. Ran Xiao, 2019. "Essays on Price Discovery and Volatility Dynamics in Emerging Market Currencies," PhD Thesis, Finance Discipline Group, UTS Business School, University of Technology, Sydney, number 5-2019, January-A.
    6. Sorin-Nicolae Curca, 2021. "The Internationalization of Emerging Economy Currencies: An Alternative to Protectionism?," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 9(2), pages 17-26, December.
    7. Delphine Lahet & Stéphanie Prat, 2021. "Internationalisation of emerging market currencies and original sin: Empirical evidence," The World Economy, Wiley Blackwell, vol. 44(7), pages 1973-2003, July.
    8. Ozturk, Fatma & Keles, Melek & Evrendilek, Fatih, 2016. "Quantifying rates and drivers of change in long-term sector- and country-specific trends of carbon dioxide-equivalent greenhouse gas emissions," Renewable and Sustainable Energy Reviews, Elsevier, vol. 65(C), pages 823-831.

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