AMRO Roundup - June 2024
ASEAN+3 Macroeconomic Research Office
Contributing to macroeconomic and financial stability in the ASEAN+3 region.
Representatives from the AFTN members, international organizations, and regional academies convened in Shanghai to discuss the economic opportunities and challenges of population aging, as well as solutions catered to the ASEAN+3 region.
AMRO and the Asia-Pacific Finance and Development Institute (AFDI) signed a Memorandum of Understanding (MOU) to strengthen collaboration on areas of common interest toward ensuring the macroeconomic and financial resilience and stability of the ASEAN+3 region.
PUBLICATIONS
The paper develops and estimates a dynamic stochastic general equilibrium (DSGE) model representing several key characteristics of Japan, a large open economy with large fiscal deficits.
In this working paper, AMRO, IMF and Oxford University jointly developed a signal-knowledge transfer model to assess the default risk of privately held firms, using data from publicly-traded companies to construct a probability of default function.
Real time trade statistics are not readily available in the ASEAN+3 region. To address this information gap, AMRO's working paper presents two frameworks for nowcasting export growth across 14 regional economies.