The linearity property of ASEAN-5 real exchange rates in pre-ASEAN currency crisis period
This study extends the work of Liew et al. (2003) in two directions. First, it examines whether or not the 1997 Asian currency crisis has resulted in the nonlinearity of ASEAN-5 real exchange rates. Second, it characterizes the type of nonlinearity governing these rates. Results of the current stud...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
| Published: |
Universiti Utara Malaysia
2004
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| Subjects: | |
| Online Access: | https://repo.uum.edu.my/id/eprint/740/1/Venus_Khim-Sin_Liew.pdf |