We contribute to the growing empirical literature on monetary and fiscal interactions by applying a sign restriction identification scheme to a structural TVP-VAR in order to disentangle and evaluate the policy shocks and policy transmissions. This in turn allows us to study the Great Recession...

This paper investigates the stationarity of East Asian currencies by using a unit root test and cointegration test. We examine whether the Asian monetary unit (AMU) deviation indicators adjusted by the Balassa-Samuelson effect are stationary over the short term by carrying out a unit root test...