Is ASEAN Ready for Banking Integration? Evidence from Interest Rate Convergence
Convergence in prices or returns of assets with similar characteristics indicates that the financial market is integrated with regional markets. This paper is the first that test of the movements of interest rates in ASEAN banking sector for the period 1990 - 2012. The empirical analysis is based...
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Format: | Article |
Language: | English |
Published: |
Universitas Indonesia
2016
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Online Access: | http://eprints.usm.my/37080/1/%28Is_ASEAN_Ready_for_Banking%29_5712-12577-1-PB.pdf |