Azman-Saini, W N W; Dayang-Affizah, A M; Law, Siong Hook; … - In: The IUP Journal of Applied Economics VI (2007) 3, pp. 7-16
The paper attempts to empirically determine the causal relationship between the stock price and the exchange rate in the Philippines. Having established the stationarity condition of each series using Augmented Dickey-Fuller (ADF), Phillip-Perron (PP) and mean stationary (KPSS) unit root tests,...