Long-run linkages of ASEAN+3 floating currencies

• Main Author: Rufino, Cesar C.
• Format: text
• Published: Animo Repository 2018
• Subjects: Foreign exchange rates > Southeast Asia; Foreign exchange rates > East Asia; Cointegration > Asia; Economics
• Online Access: https://animorepository.dlsu.edu.ph/faculty_research/1961
• Institution: De La Salle University

The extent with which currencies of the expanded ASEAN grouping commonly known as the ASEAN+3 have attained long-run currency linkages—an important requisite for an eventual monetary integration—is the main focus of this study. High-frequency interbank call rates (nominal exchange rate vis-à-vis the...