Ling, Tai-Hu; Venus, Khim-Sen Liew; Wafa, Syed Khalid; … - Volkswirtschaftliche Fakultät, … - 2008
This study provides evidence supportive of Fisher hypothesis in East Asian economies using panel unit root tests, which allow for the consideration of cross-country interdependence of real interest rates in the estimation. One important implication of our finding is that monetary policy will be...