Chan, Tze-Haw; Baharumshah, Ahmad Zubaidi; Lau, Evan - Volkswirtschaftliche Fakultät, … - 2005
To testify RIP, this study scrutinizes the mean-reversion behavior of bilateral real interest differentials (RIDs) in eight East Asian economies. We incorporate the ASEAN-5, South Korea and China (mainland) with the US and Japan taken as base countries. Four sub-samples within 1976-2004 are...