A study of optimum currency area in East Asia: a cluster analysis
This paper studies the feasibility of ASEAN+3 Monetary Union by investigating the homogeneities of the countries. Utilizing techniques of cluster analysis on two sets of criteria, the Optimum Currency Area (OCA) and the adjusted Maastricht Treaty (MTC), reveals that homogeneities of ASEAN+3 are low...
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| Format: | Article |
| Language: | English |
| Published: |
Center for Economic Integration, Sejong Institution, Sejong University
2008
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| Online Access: | http://psasir.upm.edu.my/id/eprint/12870/1/A%20study%20of%20optimum%20currency%20area%20in%20East%20Asia.pdf http://psasir.upm.edu.my/id/eprint/12870/ http://www.e-jei.org/journal/view.php?number=487 |
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