Kisswani, Khalid; M.; Nusair, Salah; A. - Volkswirtschaftliche Fakultät, … - 2011
We examine the dynamics of convergence of the ASEAN5 plus the big three for nominal interest rates, inflation rates … 1990 - December 2010, using non-linear unit root tests. The results show strong evidence of stationary inflation and real … interest rate differentials in all but China’s inflation differential relative to the U.S., and stationary nominal interest …