Ling, Tai-Hu and Liew, Venus Khim-Sen and Syed Khalid Wafa, Syed Azizi Wafa (2007): Fisher hypothesis: East Asian evidence from panel unit root tests.
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This study provides evidence supportive of Fisher hypothesis in East Asian economies using panel unit root tests, which allow for cross-country variations in the estimation. Among others, one important implication is that monetary policy will be more effective in influencing long-term interest rates and long-run macroeconomic stability in these East Asian economies under regional collaboration.
|Item Type:||MPRA Paper|
|Institution:||Labuan School of International Business and Finance, Universiti Malaysia Sabah.|
|Original Title:||Fisher hypothesis: East Asian evidence from panel unit root tests|
|Keywords:||Fisher hypothesis; panel unit root; univariate unit root; East Asian|
|Subjects:||G - Financial Economics > G1 - General Financial Markets > G10 - General
E - Macroeconomics and Monetary Economics > E4 - Money and Interest Rates
|Depositing User:||Venus Khim-Sen Liew|
|Date Deposited:||25. Oct 2007|
|Last Modified:||18. Feb 2013 18:19|
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