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Singapore as a case study, it explores the Monetary Authority's adoption of the exchange rate as the primary tool since 1981 … function aligns well with actual deviations, supporting the hypothesis that Singapore's forward-looking policy rule effectively …
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In this paper we investigate whether inflation and currency risks are priced in the Korean, Malaysian and Taiwan stock market using conditional international asset pricing models. We take the view of a US investor. The estimation is conducted using a modified version of the multivariate GARCH...
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