caa a22 4500 46905395X CHVBK 20180323132837.0 cr unu---uuuuu 170328e19921001xx s 000 0 eng 10.1007/BF01732894 doi (NATIONALLICENCE)springer-10.1007/BF01732894 A cointegration analysis of the Asian dollar and Eurodollar interest rate transmission mechanism [Elektronische Daten] [Hung-Gay Fung, Steven Isberg, Wai Leung] The transmission mechanism between the Asian dollar and Eurodollar markets is investigated for the period 1981-1989 using a cointegration analysis and error correction model. Results indicate the absence of reverse causality in the Asian dollar market throughout the 1980s. In the Eurodollar market, reverse causality exists in the first half, but disappears in the second half of the decade. Both markets are evolving into rapid incorporation of prior interest rate information into current rates. These results are likely to be due to reduced market regulation, expansion of futures trading, more sophisticated telecommunications and 24-hour trading practices. Faculty of Business Administration National University of Singapore, 1992 Fung Hung-Gay aut Isberg Steven University of Baltimore, USA aut Leung Wai Lousiana State University, USA aut Asia Pacific Journal of Management Kluwer Academic Publishers 9/2(1992-10-01), 167-177 0217-4561 9:2<167 1992 9 10490 https://doi.org/10.1007/BF01732894 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1007/BF01732894 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Fung Hung-Gay aut NATIONALLICENCE 700 1- Isberg Steven University of Baltimore, USA aut NATIONALLICENCE 700 1- Leung Wai Lousiana State University, USA aut NATIONALLICENCE 773 0- Asia Pacific Journal of Management Kluwer Academic Publishers 9/2(1992-10-01), 167-177 0217-4561 9:2<167 1992 9 10490 Metadata rights reserved Springer special CC-BY-NC licence nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-springer