This study empirically examines the fragility of five major Asian economies (China, Hong Kong, India, Japan, and South Korea) to economic policy uncertainty (EPU) of US and EU, and oil prices in different state of the economies. To investigate these dynamics, we use the relative tail dependence...

This study empirically examines the fragility of five major Asian economies (China, Hong Kong, India, Japan, and South Korea) to economic policy uncertainty (EPU) of US and EU, and oil prices in different state of the economies. To investigate these dynamics, we use the relative tail dependence...

This study examines the relationship between interest rates and inflation rates for ten countries during the period 1974-1995. Monthly end-of-month Euro-deposit rates and inflation rates are used, spanning a spectrum of maturity dates ranging from one month to one year. The recent cointegration...