## Abstract This study investigates the behavioural dynamics of the real exchange rates of five East Asian economiesβIndonesia, Korea, the Philippines, Singapore and Thailandβin the aftermath of the 1997 currency crisis. The results of cointegration analyses suggest that, despite the turbulent exch
β¦ LIBER β¦
The Roles of Nominal Exchange Rate and Relative Price Adjustments in PPP Reversion
β Scribed by DEOKWOO NAM
- Book ID
- 109147147
- Publisher
- John Wiley and Sons
- Year
- 2011
- Tongue
- English
- Weight
- 108 KB
- Volume
- 43
- Category
- Article
- ISSN
- 0022-2879
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## Abstract This study examines the competition in price discovery among stock index, index futures, and index options in Taiwan. The priceβdiscovery ability of the Taiwan Top 50 Tracker Fund, an exchangeβtraded fund based on the Taiwan 50 index is examined. The authors find that, after the minimum