de Truchis, Gilles; Keddad, Benjamin - In: Journal of International Financial Markets, … 26 (2013) C, pp. 394-412
This paper examines generalized purchasing power parity theory (G-PPP) among the ASEAN-5 countries. Implementing both the rank analysis and the regression-based analysis of the cointegrating system's, we identify several weak fractional cointegration relationships. Accordingly, cointegrating...