This paper presents empirical evidence on asset market linkages between China and Asia
and how these linkages have shifted during and after the global financial crisis of 2008 …

The aim of this paper is to study the dynamics of regional financial integration in East Asia
over the 1990: 01–2012: 08 period. To this end, we use the international capital asset …

This paper investigates the dynamics of integration in East Asian equity markets between
1995 and 2013 using a smooth-transition correlation GARCH model. Our results show that …

In this paper we test for real interest parity (RIRP) among the 19 major OECD countries over
the period 1978: Q1–2006: Q1 using both short‐and long‐run definitions of interest rates …

We examine the dynamics of convergence in seven Asian countries for nominal and real
interest rates, and inflation rates. We test for convergence relative to the US and Japan …

A noteworthy attribute of the empirical studies on financial integration is that many published
papers rely on the approximate form of financial integration by studying the degree of …

Real interest rate differentials usually exhibit two properties; structural breaks and
asymmetric dynamics. In this paper, we use various types of Quantile Unit Root Test (QURT) …

Existing panel data studies of real interest parity are either unable to identify which panel
members are characterised by stationary real interest differentials, or are subject to size …

This study applies 'old'and 'new'second‐generation panel unit root tests to check the validity
of the long‐run real interest rate parity (RIP) hypothesis for ten Central and Eastern …

An increasing number of countries have launched their central bank digital currencies
(CBDC) in recent years, but the economic impacts of CBDC adoption are underexplored. To …