Southeast Asian Monetary Integration: a real options perspective

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[Zeitschriftenartikel]

Strobel, Frank

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Abstract	We examine the real option implicit in countries' decisions of whether to join a monetary union and calibrate our theoretical model for the core ASEAN/AFTA group of Indonesia, Malaysia, Philippines, Singapore and Thailand. None of the countries would be prepared to join a monetary union amongst them at present, and most have low to negligible probabilities of ever wanting to do so.
Sprache Dokument	Englisch
Publikationsjahr	2007
Seitenangabe	S. 759-763
Zeitschriftentitel	Applied Economics, 39 (2007) 6
DOI	http://dx.doi.org/10.1080/00036840500428005
Status	Postprint; begutachtet (peer reviewed)
Lizenz	PEER Licence Agreement (applicable only to documents from PEER project)