Ling, Tai-Hu; Liew, Venus Khim-Sen; Wafa, Syed Azizi … - In: The IUP Journal of Monetary Economics V (2007) 3, pp. 24-37
This study provides some evidences showing high degree of financial integration from both evidences of common shocks and real interest parity in the context of two small and open economies, i.e., Malaysia and Singapore. A few key policy implications are suggested from the findings in this study....