Why China should keep its dollar peg

International Finance

Volumn 10, Issue 1, 2007, Pages 43-70

  McKinnon, Ronald ^a  

^a STANFORD UNIVERSITY   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 34147144999     PISSN: 13670271     EISSN: 14682362     Source Type: Journal    
DOI: 10.1111/j.1468-2362.2007.00195.x     Document Type: Note

References (11)

1. Bergsten, C. Fred (ed.) (2005), The United States and the World Economy. Washington, DC: Institute for International Economics.
2. Bernanke, Ben (2005), The Global Saving Glut and the U.S. Current Account Deficit. Richmond, VA: Sandridge Lecture, Virginia Association of Economics.
3. Goyal, Rishi, and Ronald McKinnon (2003), 'Japan's Negative Risk Premium in Interest Rates: The Liquidity Trap and Fall in Bank Lending' The World Economy, 26 (3), 339-63.
4. Lindbeck, Assar (1979), Inflation and Unemployment in Open Economies. Amsterdam: North-Holland.
5. McKinnon, Ronald (2005), Exchange Rates under the East Asian Dollar Standard: Living with Conflicted Virtue. Cambridge, MA: MIT Press.
6. McKinnon, Ronald, and Kenichi Ohno (1997), Dollar and Yen. Resolving Economic Conflict between the United States and Japan. Cambridge, MA: MIT Press.
7. McKinnon, Ronald, and Gunther Schnabl (2004), 'The Return to Soft Dollar Pegging in East Asia: Mitigating Conflicted Virtue]' International Finance, 7 (2), 169-201.
8. Mussa, Michael (1979), 'Empirical Regularities in the Behavior of Exchange Rates and Theories of the Foreign Exchange Market', in Karl Bruner and Alan Meltzer (eds), Carnegie-Rochester Conference Series on Public Policy, Vol. 11. Amsterdam: North-Holland, 9-57.
9. Nair, Amar (2006), International Financial Intermediation and Currency Mismatches: Original Sin and Conflicted Virtue. Stanford PhD dissertation.
10. Qiao, Hong (2005), 'Exchange Rates and Trade Balance under the Dollar Standard', China Working Paper Series No. 259, Stanford University, Center for International Development.
11. Roubini, Nouriel (2007), 'Why China Should Abandon Its Dollar Peg', International Finance, this issue.