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This paper estimates the equilibirum level of the real exchange rate for Indonesia in order to measure the extent of …
Persistent link: https://www.econbiz.de/10014073319
by bearish trend in Indonesia's equity market. Though the explanation of this correlation is known mostly due to foreign … study will show how the cross-asset correlation between Indonesia's Rupiah strength and capital market behaves along time …
Persistent link: https://www.econbiz.de/10013073807
For a small open economy like Indonesia, exchange rate movement does not always reflect fundamental value. Increasing … fundamental path and maintaining financial system stability. In the case of Indonesia, the intervention has been able to reduce …
Persistent link: https://www.econbiz.de/10013049975
. Results indicate that the increased integration and dependence on exports intensified the Asian region's vulnerability to …
Persistent link: https://www.econbiz.de/10011688716
. Results indicate that the increased integration and dependence on exports intensified the Asian region's vulnerability to …
Persistent link: https://www.econbiz.de/10011621249
Indonesia and Thailand, two major open economies in Southeast Asia operating under managed-float exchange rate systems … volatility. The empirical results suggest that in both Indonesia and Thailand, inflation and inflation volatility are more … developing countries. The empirical results highlight the implications for economic theory and policy measures. In Indonesia and …
Persistent link: https://www.econbiz.de/10012863142
This paper investigates the extent to which output has recovered from the Asian crisis. A regime-switching approach that introduces two state variables is used to decompose recessions in a set of six Asian countries into permanent and transitory components. While growth recovered fairly quickly...
Persistent link: https://www.econbiz.de/10014073466
utilizes the daily nominal exchange rates of Indonesia, Thailand, Malaysia, Singapore, the Philippines, Japan, the U.S., and …
Persistent link: https://www.econbiz.de/10012871064
Purpose - The authors explore the relationship between the exchange rate, bond yield and the stock market as well as the effect of capital market dynamics on the exchange rate before and during the COVID-19 pandemic. Design/methodology/approach - The authors employ a non-linear autoregressive...
Persistent link: https://www.econbiz.de/10014497076
We estimate dynamic conditional correlations of financial asset returns across countries by an array of multivariate GARCH models and analyze spillover effects of the recent US financial crisis on 5 emerging Asian countries. We confirm the existence of financial contagion around the collapse of...
Persistent link: https://www.econbiz.de/10013143576