Fisher hypothesis: East Asian evidence from panel unit root tests

This study provides evidence supportive of Fisher hypothesis in East Asian economies using panel unit root tests, which allow for cross-country variations in the estimation. Among others, one important implication is that monetary policy will be more effective in influencing long-term interest rates and long-run macroeconomic stability in these East Asian economies under regional collaboration.

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Year of publication:	2007-10-25
Authors:	Ling, Tai-Hu ; Liew, Venus Khim-Sen ; Wafa, Syed Khalid ; Wafa, Syed Azizi
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Fisher hypothesis \| panel unit root \| univariate unit root \| East Asian

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	G10 - General Financial Markets. General ; E4 - Money and Interest Rates
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10005260086