East Asian financial integration: a cointegration test allowing for structural break and the role of regional institutions

This study investigates the progress of ASEAN+3 financial markets integration after the 1997 Asian financial crisis. Adopting a Gregory and Hansen (1996) cointegration test that takes into account structural break of the series, this study finds no significant improvement in the intraregional financ...

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Bibliographic Details
Main Author: Ibrahim, Saifuzzaman
Format: Article
Language:English
Published: Faculty of Economics and Management, Universiti Putra Malaysia 2009
Online Access:http://psasir.upm.edu.my/id/eprint/39458/1/39458.pdf
http://psasir.upm.edu.my/id/eprint/39458/
http://econ.upm.edu.my/ijem/vol3_no1.htm
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Institution: Universiti Putra Malaysia
Language: English