Regional or global shock? A global VAR analysis of Asian economic and financial integration

This study employs a global vector autoregressive (GVAR) model to empirically investigate the viability of regional monetary arrangements in Asia. In marked contrast to the previous studies, we analyzed whether recent regional economic and financial integration in Asia were driven by global (U.S.) s...

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Bibliographic Details
Main Authors: Ong, Sheue Li, Sato, Kiyotaka
Format: Article
Published: Elsevier 2018
Subjects:
Online Access:http://eprints.um.edu.my/21065/
https://doi.org/10.1016/j.najef.2018.04.009
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