Beyond the purchasing power parity: exchange rates, prices and interest rates in ASEAN-5 countries

• Main Authors: Noreha Halid,, Hawati Janor,, Fauzias Mat Nor,
• Format: Article
• Language: English
• Published: Penerbit Universiti Kebangsaan Malaysia 2009
• Online Access: http://journalarticle.ukm.my/7876/1/1478-2775-1-SM.pdf; http://journalarticle.ukm.my/7876/; http://www.ukm.my/fep/jem/

This study examines the association among price, exchange rates and interest rates in ASEAN-5 economies. Several studies have suggested the importance of the linkages between goods and assets market in the determination of exchange rates and one way to account for such linkages is to incorporate in...