Capital Market Integration in the Pacific Basin Region : An Analysis of Real Interest Rate Linkages

An Analysis of Real Interest Rate Linkages

Capital Market Integration in the Pacific Basin Region : An Analysis of Real Interest Rate Linkages
This paper investigates the extent to which financial markets in the Pacific Basin Region have become more integrated, by analyzing the comovements of real interest rates. The paper uses cointegration and error correction models and draws inferences on the degree of capital market integration by looking at the speed of adjustment of real... READ MORE...

Publication date: December 1995
ISBN 9781451855432
$15.00

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