To examine the validity of real interest parity (RIP), this study provides empirical evidences concerning the dynamic linkages of real interest rates among ASEAN-5 and the mean reversion behaviors of real interest differentials of ASEAN-5.vis-à-vis Japan during the post liberalization era (1984-1997). The upshots of our findings are four-fold. First, there were co-movement of ASEAN real rates in the long run and dynamic causalities in the short run, which explicitly indicated a monetary inter-dependency among the ASEAN tigers. Second, most of the forecast error variance of real interest rates in own country can be attributed to other ASEAN-4’s innovations (more than 50%), which partly explain the contagion effects during Asia crisis 1997/98...
This study provides some evidences showing high degree of financial integration from both evidences ...
This study employs the Bierens's (1997) non-parametric cointegration methodology to test the Purchas...
This study aims to explore the empirical validity of the real interest rate parity (RIP) hypothesis ...
This article provides empirical evidence on the dynamic linkages of real interest rates among the AS...
This article provides empirical evidence on the dynamic linkages of real interest rates among the AS...
Real Interest Parity (RIP) has been considered as the necessary rule to justify the exchange rates r...
In this paper, we investigate the financial linkages between the East Asian countries with Japan and...
In this article, we investigate the financial linkages between the East Asian economies with Japan a...
To testify RIP, this study scrutinizes the mean-reversion behavior of bilateral real interest differ...
This study examines the real interest rate parity (RIP) hypothesis in the case of East Asian economi...
This paper examines the linkage of real interest rates of a group of Pacific-Basin countries with a ...
This study examines the real interest rate parity (RIP) hypothesis in the case of East Asian economi...
This study tests for non-linearities in the real interest differentials of four South East Asian eco...
This paper examines the validity of real interest parity (RIP) for 10 Asian economies over the perio...
This article aims at testing real interest parity (RIP) by using nonlinear unit root tests. The resu...
This study provides some evidences showing high degree of financial integration from both evidences ...
This study employs the Bierens's (1997) non-parametric cointegration methodology to test the Purchas...
This study aims to explore the empirical validity of the real interest rate parity (RIP) hypothesis ...
This article provides empirical evidence on the dynamic linkages of real interest rates among the AS...
This article provides empirical evidence on the dynamic linkages of real interest rates among the AS...
Real Interest Parity (RIP) has been considered as the necessary rule to justify the exchange rates r...
In this paper, we investigate the financial linkages between the East Asian countries with Japan and...
In this article, we investigate the financial linkages between the East Asian economies with Japan a...
To testify RIP, this study scrutinizes the mean-reversion behavior of bilateral real interest differ...
This study examines the real interest rate parity (RIP) hypothesis in the case of East Asian economi...
This paper examines the linkage of real interest rates of a group of Pacific-Basin countries with a ...
This study examines the real interest rate parity (RIP) hypothesis in the case of East Asian economi...
This study tests for non-linearities in the real interest differentials of four South East Asian eco...
This paper examines the validity of real interest parity (RIP) for 10 Asian economies over the perio...
This article aims at testing real interest parity (RIP) by using nonlinear unit root tests. The resu...
This study provides some evidences showing high degree of financial integration from both evidences ...
This study employs the Bierens's (1997) non-parametric cointegration methodology to test the Purchas...
This study aims to explore the empirical validity of the real interest rate parity (RIP) hypothesis ...