scholarly journals Smooth breaks and nonlinear mean reversion in real interest parity: Evidence from East Asian countries

2019 ◽  
Vol 28 (6) ◽  
pp. 668-685
Author(s):  
Abdullah Gulcu ◽  
Dilem Yildirim
Keyword(s):  
East Asian ◽  
Mean Reversion ◽  
Asian Countries ◽  
Nonlinear Mean Reversion ◽  
Interest Parity ◽  
Real Interest Parity ◽  
Smooth Breaks

scholarly journals Real interest parity: A note on Asian countries using panel stationarity tests

2011 ◽  
Vol 22 (6) ◽  
pp. 550-557 ◽  
Author(s):  
Mark J. Holmes ◽  
Jesús Otero ◽  
Theodore Panagiotidis
Keyword(s):  
Asian Countries ◽  
Interest Parity ◽  
Real Interest Parity ◽  
Stationarity Tests ◽  
Panel Stationarity

scholarly journals Financial integration of East Asian economies: evidence from real interest parity

2011 ◽  
Vol 43 (16) ◽  
pp. 1979-1990 ◽  
Author(s):  
Ahmad Zubaidi Baharumshah ◽  
Chan Tze Haw ◽  
A. Mansur M. Masih ◽  
Evan Lau
Keyword(s):  
Financial Integration ◽  
East Asian ◽  
Asian Economies ◽  
Interest Parity ◽  
Real Interest Parity ◽  
East Asian Economies

EXAMINING THE UNDERLYING PARITY CONDITIONS SUFFICIENT FOR REAL INTEREST PARITY FOR ASIAN COUNTRIES

2013 ◽  
Vol 58 (01) ◽  
pp. 1350002 ◽  
Author(s):  
SALAH A. NUSAIR
Keyword(s):  
Asian Crisis ◽  
Uncovered Interest Parity ◽  
Asian Countries ◽  
Fisher Hypothesis ◽  
Interest Parity ◽  
Real Interest Parity ◽  
The Impact ◽  
Parity Condition ◽  
Multivariate Cointegration ◽  
The U.S

This paper examines the underlying parity conditions upon which real interest parity (RIP) is predicted for some Asian countries relative to the U.S. and Japan over a period (1978–2009) containing significant changes using the multivariate cointegration procedure of Johansen et al. (2000) that allows for up to two pre-determined breaks. Each parity condition is examined to determine which is responsible for the rejection of RIP. The results suggest that the Fisher hypothesis is the least likely to violate RIP, whereas uncovered interest parity (UIP) appears to be most commonly violated. Stability tests suggest that the RIP relationship has been stable in most cases and that the impact of the Asian crisis and the Plaza Accord appears to be transitory, and that the RIP relationships have strengthened in the aftermath of the 1997–1998 Asian crisis.

Nonlinear Mean Reversion in Stock Prices

CFA Digest ◽  
2008 ◽  
Vol 38 (4) ◽  
pp. 37-38
Author(s):  
Michael Kobal
Keyword(s):  
Stock Prices ◽  
Mean Reversion ◽  
Nonlinear Mean Reversion

Creativity in East Asian Countries

Asia Review ◽  
2015 ◽  
Vol 4 (2) ◽  
pp. 31
Author(s):  
Cheong-Tag Kim
Keyword(s):  
East Asian ◽  
Asian Countries

SPECIFIC FUNCTIONING OF INTERNATIONAL BUSINESS IN KEY COUNTRIES OF EASTERN ASIA

2020 ◽  
Vol 3 (7) ◽  
pp. 135-139
Author(s):  
K. D. GVASALIYA ◽  
Keyword(s):  
International Business ◽  
East Asian ◽  
Asian Countries ◽  
Eastern Asia ◽  
Economic Relations ◽  
Economic Role ◽  
East Asian Region ◽  
Doing Business ◽  
World Economic ◽  
Characteristic Features

The East Asian region plays an important economic role in the system of world economic relations, includ-ing one fifth of the world's population with a rapidly growing middle class and mobility that creates high consumer demand. The specifics of the functioning of international business in the key East Asian countries, including gov-ernment regulation, forms of doing business, characteristic features and stages of the formation of international business, differ significantly from those adopted in Western countries. Due to this, the study of the development and functioning of international business in the region is a relevant area of research. The article discusses the main specific features of the Asian business model, analyzes the specificity and forms of functioning of international business in the East Asian countries.

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