{"title":"Exploring the Use of Exchange Market Pressure and RMU Deviation Indicator for Early Warning System (EWS) in the ASEAN+3 Region","authors":"M. Castell, Lawrence B. Dacuycuy","doi":"10.3860/BER.V18I2.790","DOIUrl":null,"url":null,"abstract":"Although macroeconomic and financial surveillance mechanisms have been in place both at the global level and at the Asia regional level, the results of the empirical analysis provide some evidence that a regional monetary unit (RMU) can be used to supplement existing surveillance tools for improved crisis detection and prevention. In particular, this study showed that the RMU may be useful as a tool for macroeconomic consultation.","PeriodicalId":38908,"journal":{"name":"DLSU Business and Economics Review","volume":"18 1","pages":"1-1"},"PeriodicalIF":0.0000,"publicationDate":"2009-02-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"6","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"DLSU Business and Economics Review","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.3860/BER.V18I2.790","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Economics, Econometrics and Finance","Score":null,"Total":0}
引用次数: 6
Abstract
Although macroeconomic and financial surveillance mechanisms have been in place both at the global level and at the Asia regional level, the results of the empirical analysis provide some evidence that a regional monetary unit (RMU) can be used to supplement existing surveillance tools for improved crisis detection and prevention. In particular, this study showed that the RMU may be useful as a tool for macroeconomic consultation.
期刊介绍:
The DLSU Business & Economics Review (DLSU B&E Review) publishes high quality theoretical, empirical, and methodological research in the fields of accounting, business management, commercial law, economics, finance, and marketing. The DLSU Business & Economics Review aims to reach an audience in these six fields and is published twice a year.