The term structure of interest rates, the expectations hypothesis and international financial integration: Evidence from Asian economies

The validity of the expectations hypothesis of the term structure is examined for a sample of Asian countries. A panel stationarity testing procedure is employed that addresses both structural breaks and cross-sectional dependence. Asian term structures are found to be stationary and supportive of t...

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Autores:

Tipo de recurso:

Fecha de publicación:

2011

Institución:

Universidad del Rosario

Repositorio:

Repositorio EdocUR - U. Rosario

Idioma:

eng

OAI Identifier:

oai:repository.urosario.edu.co:10336/22173

Acceso en línea:

https://doi.org/10.1016/j.iref.2010.11.021
https://repository.urosario.edu.co/handle/10336/22173

Palabra clave:

Heterogeneous dynamic panels
Mean reversion
Panel stationarity test
Term structure

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