2002
DOI: 10.1177/139156140200300211
|View full text |Cite
|
Sign up to set email alerts
|

South Asian Monetary Integration in Light of the Optimum Currency Area Criteria Patterns of Shocks: A Reply

Abstract: views expressed in this short article are those of the author and not necessarily the views of the Nepal Rastra Bank. This short note is in response to Saxena (2002), which comments on Maskay (2001) and concludes that there exists 'inconsistency in empirical estimation and conclusions'. As such, this short note responds to the above two comments, puts forth an implication and ends on a reflective note.First, the empirical methodology using VAR is standard practice, thus there should not be any need for elabor… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
1

Citation Types

0
1
0

Year Published

2003
2003
2003
2003

Publication Types

Select...
1

Relationship

1
0

Authors

Journals

citations
Cited by 1 publication
(1 citation statement)
references
References 5 publications
0
1
0
Order By: Relevance
“…That is, the short term should be devoted to continuing policies to increase economic interaction and to begin the process of consultations on fiscal and monetary issues. This shall lead to increased mutual trust and understanding, and will set the foundation for greater future cooperation in South Asia (Maskay 1998/99).…”
Section: A Cautionary Note For Greater Monetary Integrationmentioning
confidence: 99%
“…That is, the short term should be devoted to continuing policies to increase economic interaction and to begin the process of consultations on fiscal and monetary issues. This shall lead to increased mutual trust and understanding, and will set the foundation for greater future cooperation in South Asia (Maskay 1998/99).…”
Section: A Cautionary Note For Greater Monetary Integrationmentioning
confidence: 99%