Effective exchange rates in Japan 1879-1938

Citation
M. Shimazaki et S. Solomou, Effective exchange rates in Japan 1879-1938, JPN WORLD E, 13(2), 2001, pp. 161-177
Citations number
40
Categorie Soggetti
Economics
Journal title
JAPAN AND THE WORLD ECONOMY
ISSN journal
09221425 → ACNP
Volume
13
Issue
2
Year of publication
2001
Pages
161 - 177
Database
ISI
SICI code
0922-1425(200104)13:2<161:EERIJ1>2.0.ZU;2-U
Abstract
This paper constructs 'nominal' and 'real' multilateral effective exchange rates for Japan during the period 1879-1938. Existing studies of Japanese q uantitative economic history have tended to use the dollar-yen bilateral ex change rate. A comparison of different indices suggests that the new data o ffer new insights into Japanese's economic history. (C) 2001 Elsevier Scien ce B.V. All rights reserved.