Masaaki, KAWAGOE; Takuya, MIYAMOTO; Tomomi, TSURUTA - Economic and Social Research Institute (ESRI), Cabinet … - 2005
Using short-term interest rates from the 1980s to 2003, we test the real interest rate parity between Japan and eight Asian countries. The parity can not be rejected for Singapore only. Tests by 5-year period show the number of rejections is smaller in the 2000s than in the first half of the...