An Asian Monetary Union?

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An Asian Monetary Union?

This study examines the validity of the long run purchasing power parity (PPP) hypothesis using a battery of both univariate and panel unit root tests for 10 Asian countries against Chinese Yuan and Japanese Yen. We found evidence against mean reverting when Yuan is used as the numeraire while stron...

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Bibliographic Details
Main Authors:	Lau, Evan, Siti Nur Zahara, Hamzah, Choong, Xin-Yi
Format:	Article
Language:	English
Published:	EbscoHost 2012
Subjects:	H Social Sciences (General)
Online Access:	http://ir.unimas.my/id/eprint/17973/ http://ir.unimas.my/id/eprint/17973/1/Evan%20Lau.pdf

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