Financial account liberalizations since the second half of the 1980s paved the way for the
burgeoning literature that investigates foreign exchange market efficiency in emerging …

Abstract In 1989, Global Finance Journal (GFJ) started publishing articles examining
financial topics from a global perspective. In 2018, the journal celebrated its 30th …

This study examines the financial market integration of emerging markets into international
financial markets with regards to the real interest rate parity hypothesis. We focus on …

This paper investigates the degree of global versus regional financial integration in
Southeast Asia during the period 2004–2012. We examine integration in the money and …

This study investigates the random walk (RW) and the martingale difference sequence
(MDS) processes for the Australian dollar and seven Asian currencies relative to three …

This paper investigates the validity of the real interest rate parity hypothesis (RIPH) using a
panel unit root approach. For this purpose, first we estimate the possible nonlinear data …

This paper investigates the real interest parity hypothesis by testing stationarity of real
interest rate differentials for 52 countries with respect to the USA. Taking account of the fact …

This paper explores the risk adjusted uncovered equity parity model to investigate a degree
of market integration for four Asian emerging markets relative to the US, Japan and the UK …

This paper analyzes the empirical fulfillment of the real interest rate parity (RIRP) theory for a
pool of central and east European countries. To do so, we apply the recently developed Ng …

Linkages between real interest rates among countries have been extensively investigated in
the literature as it has important policy implications for the monetary authorities in the policy …