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- W2387658097 abstract "In order to analyze the dynamic financial integration process of East Asia,this paper tests the real interest parity of this region.The main econometric methods the author used are cointegration technique and the vector correction error model.The conclusion is that the outside financial integration of East Asia has been improved obviously after the financial crisis in 1997,but the internal integration does not.In fact,the US real interest rate still occupies the driving position in East Asia resulted from the capital restriction,low cooperation degree and the lack of key real interest rate in this region.Thus,removing capital restriction,encouraging cooperation and building key regional real interest rate are vital ways to enhance the financial integration degree of East Asia." @default.
- W2387658097 created "2016-06-24" @default.
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- W2387658097 date "2009-01-01" @default.
- W2387658097 modified "2023-09-24" @default.
- W2387658097 title "Financial Integration of East Asia——Analysis and Discussion Based on the Real Interest Parity" @default.
- W2387658097 hasPublicationYear "2009" @default.
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