id	sid	tid	token	lemma	pos
ajfa-5200	1	1	microsoft	microsoft	PROPN
ajfa-5200	1	2	word	word	NOUN
ajfa-5200	1	3	5200-18875-2-sm-writer2-new-final.doc	5200-18875-2-sm-writer2-new-final.doc	NUM
ajfa-5200	1	4	asian	asian	ADJ
ajfa-5200	1	5	journal	journal	NOUN
ajfa-5200	1	6	of	of	ADP
ajfa-5200	1	7	finance	finance	PROPN
ajfa-5200	1	8	&	&	CCONJ
ajfa-5200	1	9	accounting	accounting	PROPN
ajfa-5200	1	10	issn	issn	PROPN
ajfa-5200	1	11	1946	1946	NUM
ajfa-5200	1	12	-	-	PUNCT
ajfa-5200	1	13	052x	052x	PROPN
ajfa-5200	1	14	2014	2014	NUM
ajfa-5200	1	15	,	,	PUNCT
ajfa-5200	1	16	vol	vol	NOUN
ajfa-5200	1	17	.	.	PROPN
ajfa-5200	1	18	6	6	NUM
ajfa-5200	1	19	,	,	PUNCT
ajfa-5200	1	20	no	no	INTJ
ajfa-5200	1	21	.	.	NOUN
ajfa-5200	1	22	1	1	NUM
ajfa-5200	1	23	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-5200	1	24	159	159	NUM
ajfa-5200	1	25	vietnamese	vietnamese	ADJ
ajfa-5200	1	26	money	money	NOUN
ajfa-5200	1	27	supply	supply	NOUN
ajfa-5200	1	28	m1	m1	PROPN
ajfa-5200	1	29	and	and	CCONJ
ajfa-5200	1	30	stock	stock	NOUN
ajfa-5200	1	31	price	price	NOUN
ajfa-5200	1	32	behavior	behavior	NOUN
ajfa-5200	1	33	chu	chu	PROPN
ajfa-5200	1	34	v.	v.	PROPN
ajfa-5200	1	35	nguyen	nguyen	PROPN
ajfa-5200	1	36	associate	associate	PROPN
ajfa-5200	1	37	professor	professor	NOUN
ajfa-5200	1	38	of	of	ADP
ajfa-5200	1	39	economics	economic	NOUN
ajfa-5200	1	40	and	and	CCONJ
ajfa-5200	1	41	finance	finance	NOUN
ajfa-5200	1	42	and	and	CCONJ
ajfa-5200	1	43	assistant	assistant	NOUN
ajfa-5200	1	44	chair	chair	NOUN
ajfa-5200	1	45	faeis	faeis	PROPN
ajfa-5200	1	46	department	department	PROPN
ajfa-5200	1	47	,	,	PUNCT
ajfa-5200	1	48	college	college	NOUN
ajfa-5200	1	49	of	of	ADP
ajfa-5200	1	50	business	business	NOUN
ajfa-5200	1	51	,	,	PUNCT
ajfa-5200	1	52	university	university	PROPN
ajfa-5200	1	53	of	of	ADP
ajfa-5200	1	54	houston	houston	PROPN
ajfa-5200	1	55	-	-	PUNCT
ajfa-5200	1	56	downtown	downtown	NOUN
ajfa-5200	1	57	320	320	NUM
ajfa-5200	1	58	north	north	NOUN
ajfa-5200	1	59	main	main	ADJ
ajfa-5200	1	60	st	st	PROPN
ajfa-5200	1	61	.	.	PROPN
ajfa-5200	1	62	,	,	PUNCT
ajfa-5200	1	63	suite	suite	NOUN
ajfa-5200	1	64	410	410	NUM
ajfa-5200	1	65	-	-	SYM
ajfa-5200	1	66	c	c	PROPN
ajfa-5200	1	67	,	,	PUNCT
ajfa-5200	1	68	houston	houston	PROPN
ajfa-5200	1	69	,	,	PUNCT
ajfa-5200	1	70	texas	texas	PROPN
ajfa-5200	1	71	77002	77002	NUM
ajfa-5200	1	72	tel	tel	ADP
ajfa-5200	1	73	:	:	PUNCT
ajfa-5200	1	74	1	1	NUM
ajfa-5200	1	75	-	-	SYM
ajfa-5200	1	76	713	713	NUM
ajfa-5200	1	77	-	-	PUNCT
ajfa-5200	1	78	222	222	NUM
ajfa-5200	1	79	-	-	SYM
ajfa-5200	1	80	5334	5334	NUM
ajfa-5200	1	81	e	e	NOUN
ajfa-5200	1	82	-	-	NOUN
ajfa-5200	1	83	mail	mail	NOUN
ajfa-5200	1	84	:	:	PUNCT
ajfa-5200	1	85	nguyenchu@uhd.edu	nguyenchu@uhd.edu	VERB
ajfa-5200	1	86	received	receive	VERB
ajfa-5200	1	87	:	:	PUNCT
ajfa-5200	1	88	feb	feb	PROPN
ajfa-5200	1	89	.	.	PROPN
ajfa-5200	1	90	26	26	NUM
ajfa-5200	1	91	,	,	PUNCT
ajfa-5200	1	92	2014	2014	NUM
ajfa-5200	1	93	accepted	accept	VERB
ajfa-5200	1	94	:	:	PUNCT
ajfa-5200	1	95	march	march	PROPN
ajfa-5200	1	96	18	18	NUM
ajfa-5200	1	97	,	,	PUNCT
ajfa-5200	1	98	2014	2014	NUM
ajfa-5200	1	99	published	publish	VERB
ajfa-5200	1	100	:	:	PUNCT
ajfa-5200	1	101	june	june	PROPN
ajfa-5200	1	102	1	1	NUM
ajfa-5200	1	103	,	,	PUNCT
ajfa-5200	1	104	2014	2014	NUM
ajfa-5200	1	105	doi:10.5296	doi:10.5296	NOUN
ajfa-5200	1	106	/	/	SYM
ajfa-5200	1	107	ajfa.v6i1.5200	ajfa.v6i1.5200	NUM
ajfa-5200	1	108	url	url	NOUN
ajfa-5200	1	109	:	:	PUNCT
ajfa-5200	1	110	http://dx.doi.org/10.5296/ajfa.v6i1.5200	http://dx.doi.org/10.5296/ajfa.v6i1.5200	X
ajfa-5200	1	111	abstract	abstract	ADP
ajfa-5200	1	112	this	this	DET
ajfa-5200	1	113	study	study	NOUN
ajfa-5200	1	114	applies	apply	VERB
ajfa-5200	1	115	enders	ender	NOUN
ajfa-5200	1	116	and	and	CCONJ
ajfa-5200	1	117	siklos	siklo	NOUN
ajfa-5200	1	118	’	'	PUNCT
ajfa-5200	1	119	(	(	PUNCT
ajfa-5200	1	120	2001	2001	NUM
ajfa-5200	1	121	)	)	PUNCT
ajfa-5200	1	122	procedure	procedure	NOUN
ajfa-5200	1	123	to	to	PART
ajfa-5200	1	124	test	test	VERB
ajfa-5200	1	125	for	for	ADP
ajfa-5200	1	126	the	the	DET
ajfa-5200	1	127	long	long	ADV
ajfa-5200	1	128	-	-	PUNCT
ajfa-5200	1	129	run	run	NOUN
ajfa-5200	1	130	asymmetric	asymmetric	ADJ
ajfa-5200	1	131	co	co	ADJ
ajfa-5200	1	132	-	-	ADJ
ajfa-5200	1	133	integrating	integrating	ADJ
ajfa-5200	1	134	relationship	relationship	NOUN
ajfa-5200	1	135	and	and	CCONJ
ajfa-5200	1	136	granger	granger	PROPN
ajfa-5200	1	137	causality	causality	NOUN
ajfa-5200	1	138	between	between	ADP
ajfa-5200	1	139	vietnamese	vietnamese	ADJ
ajfa-5200	1	140	monthly	monthly	ADJ
ajfa-5200	1	141	money	money	NOUN
ajfa-5200	1	142	supply	supply	NOUN
ajfa-5200	1	143	m1	m1	NOUN
ajfa-5200	1	144	and	and	CCONJ
ajfa-5200	1	145	monthly	monthly	ADJ
ajfa-5200	1	146	equity	equity	NOUN
ajfa-5200	1	147	index	index	NOUN
ajfa-5200	1	148	over	over	ADP
ajfa-5200	1	149	the	the	DET
ajfa-5200	1	150	period	period	NOUN
ajfa-5200	1	151	july	july	PROPN
ajfa-5200	1	152	2000	2000	NUM
ajfa-5200	1	153	to	to	ADP
ajfa-5200	1	154	august	august	PROPN
ajfa-5200	1	155	2010	2010	NUM
ajfa-5200	1	156	.	.	PUNCT
ajfa-5200	2	1	the	the	DET
ajfa-5200	2	2	empirical	empirical	ADJ
ajfa-5200	2	3	results	result	NOUN
ajfa-5200	2	4	suggest	suggest	VERB
ajfa-5200	2	5	a	a	DET
ajfa-5200	2	6	long	long	ADV
ajfa-5200	2	7	-	-	PUNCT
ajfa-5200	2	8	run	run	NOUN
ajfa-5200	2	9	asymmetric	asymmetric	ADJ
ajfa-5200	2	10	co	co	NOUN
ajfa-5200	2	11	-	-	NOUN
ajfa-5200	2	12	integration	integration	NOUN
ajfa-5200	2	13	relationship	relationship	NOUN
ajfa-5200	2	14	between	between	ADP
ajfa-5200	2	15	the	the	DET
ajfa-5200	2	16	narrowly	narrowly	ADV
ajfa-5200	2	17	defined	define	VERB
ajfa-5200	2	18	money	money	NOUN
ajfa-5200	2	19	supply	supply	NOUN
ajfa-5200	2	20	and	and	CCONJ
ajfa-5200	2	21	equity	equity	NOUN
ajfa-5200	2	22	index	index	NOUN
ajfa-5200	2	23	,	,	PUNCT
ajfa-5200	2	24	indicating	indicate	VERB
ajfa-5200	2	25	that	that	SCONJ
ajfa-5200	2	26	the	the	DET
ajfa-5200	2	27	countercyclical	countercyclical	ADJ
ajfa-5200	2	28	monetary	monetary	ADJ
ajfa-5200	2	29	policies	policy	NOUN
ajfa-5200	2	30	affect	affect	VERB
ajfa-5200	2	31	investors	investor	NOUN
ajfa-5200	2	32	differently	differently	ADV
ajfa-5200	2	33	in	in	ADP
ajfa-5200	2	34	different	different	ADJ
ajfa-5200	2	35	phases	phase	NOUN
ajfa-5200	2	36	of	of	ADP
ajfa-5200	2	37	business	business	NOUN
ajfa-5200	2	38	cycles	cycle	NOUN
ajfa-5200	2	39	.	.	PUNCT
ajfa-5200	3	1	the	the	DET
ajfa-5200	3	2	empirical	empirical	ADJ
ajfa-5200	3	3	results	result	NOUN
ajfa-5200	3	4	further	far	ADV
ajfa-5200	3	5	suggest	suggest	VERB
ajfa-5200	3	6	that	that	SCONJ
ajfa-5200	3	7	vietnamese	vietnamese	ADJ
ajfa-5200	3	8	equity	equity	NOUN
ajfa-5200	3	9	investors	investor	NOUN
ajfa-5200	3	10	are	be	AUX
ajfa-5200	3	11	more	more	ADV
ajfa-5200	3	12	responsive	responsive	ADJ
ajfa-5200	3	13	to	to	ADP
ajfa-5200	3	14	contractionary	contractionary	ADJ
ajfa-5200	3	15	than	than	ADP
ajfa-5200	3	16	expansionary	expansionary	ADJ
ajfa-5200	3	17	monetary	monetary	ADJ
ajfa-5200	3	18	policy	policy	NOUN
ajfa-5200	3	19	measures	measure	NOUN
ajfa-5200	3	20	.	.	PUNCT
ajfa-5200	4	1	thus	thus	ADV
ajfa-5200	4	2	,	,	PUNCT
ajfa-5200	4	3	the	the	DET
ajfa-5200	4	4	vietnamese	vietnamese	ADJ
ajfa-5200	4	5	central	central	PROPN
ajfa-5200	4	6	bank	bank	PROPN
ajfa-5200	4	7	countercyclical	countercyclical	ADJ
ajfa-5200	4	8	monetary	monetary	ADJ
ajfa-5200	4	9	policy	policy	NOUN
ajfa-5200	4	10	is	be	AUX
ajfa-5200	4	11	effective	effective	ADJ
ajfa-5200	4	12	in	in	ADP
ajfa-5200	4	13	influencing	influence	VERB
ajfa-5200	4	14	the	the	DET
ajfa-5200	4	15	equity	equity	NOUN
ajfa-5200	4	16	markets	market	NOUN
ajfa-5200	4	17	.	.	PUNCT
ajfa-5200	5	1	the	the	DET
ajfa-5200	5	2	empirical	empirical	ADJ
ajfa-5200	5	3	findings	finding	NOUN
ajfa-5200	5	4	should	should	AUX
ajfa-5200	5	5	be	be	AUX
ajfa-5200	5	6	of	of	ADP
ajfa-5200	5	7	special	special	ADJ
ajfa-5200	5	8	interest	interest	NOUN
ajfa-5200	5	9	for	for	ADP
ajfa-5200	5	10	the	the	DET
ajfa-5200	5	11	central	central	ADJ
ajfa-5200	5	12	bank	bank	NOUN
ajfa-5200	5	13	in	in	ADP
ajfa-5200	5	14	formulating	formulate	VERB
ajfa-5200	5	15	and	and	CCONJ
ajfa-5200	5	16	implementing	implement	VERB
ajfa-5200	5	17	its	its	PRON
ajfa-5200	5	18	countercyclical	countercyclical	ADJ
ajfa-5200	5	19	monetary	monetary	ADJ
ajfa-5200	5	20	policy	policy	NOUN
ajfa-5200	5	21	,	,	PUNCT
ajfa-5200	5	22	for	for	ADP
ajfa-5200	5	23	equity	equity	NOUN
ajfa-5200	5	24	investors	investor	NOUN
ajfa-5200	5	25	in	in	ADP
ajfa-5200	5	26	designing	design	VERB
ajfa-5200	5	27	their	their	PRON
ajfa-5200	5	28	investment	investment	NOUN
ajfa-5200	5	29	strategies	strategy	NOUN
ajfa-5200	5	30	,	,	PUNCT
ajfa-5200	5	31	and	and	CCONJ
ajfa-5200	5	32	corporate	corporate	ADJ
ajfa-5200	5	33	executives	executive	NOUN
ajfa-5200	5	34	in	in	ADP
ajfa-5200	5	35	determining	determine	VERB
ajfa-5200	5	36	their	their	PRON
ajfa-5200	5	37	capital	capital	NOUN
ajfa-5200	5	38	structures	structure	NOUN
ajfa-5200	5	39	.	.	PUNCT
ajfa-5200	6	1	keywords	keyword	NOUN
ajfa-5200	6	2	:	:	PUNCT
ajfa-5200	6	3	asymmetry	asymmetry	NOUN
ajfa-5200	6	4	,	,	PUNCT
ajfa-5200	6	5	co	co	NOUN
ajfa-5200	6	6	-	-	NOUN
ajfa-5200	6	7	integration	integration	NOUN
ajfa-5200	6	8	,	,	PUNCT
ajfa-5200	6	9	market	market	NOUN
ajfa-5200	6	10	equity	equity	NOUN
ajfa-5200	6	11	index	index	NOUN
ajfa-5200	6	12	,	,	PUNCT
ajfa-5200	6	13	money	money	NOUN
ajfa-5200	6	14	supply	supply	NOUN
ajfa-5200	6	15	,	,	PUNCT
ajfa-5200	6	16	tar	tar	NOUN
ajfa-5200	6	17	model	model	NOUN
ajfa-5200	6	18	,	,	PUNCT
ajfa-5200	6	19	and	and	CCONJ
ajfa-5200	6	20	vietnam	vietnam	PROPN
ajfa-5200	6	21	.	.	PUNCT
ajfa-5200	7	1	asian	asian	PROPN
ajfa-5200	7	2	journal	journal	PROPN
ajfa-5200	7	3	of	of	ADP
ajfa-5200	7	4	finance	finance	PROPN
ajfa-5200	7	5	&	&	CCONJ
ajfa-5200	7	6	accounting	accounting	PROPN
ajfa-5200	7	7	issn	issn	PROPN
ajfa-5200	7	8	1946	1946	NUM
ajfa-5200	7	9	-	-	PUNCT
ajfa-5200	7	10	052x	052x	PROPN
ajfa-5200	7	11	2014	2014	NUM
ajfa-5200	7	12	,	,	PUNCT
ajfa-5200	7	13	vol	vol	NOUN
ajfa-5200	7	14	.	.	PROPN
ajfa-5200	8	1	6	6	NUM
ajfa-5200	8	2	,	,	PUNCT
ajfa-5200	8	3	no	no	INTJ
ajfa-5200	8	4	.	.	NOUN
ajfa-5200	8	5	1	1	NUM
ajfa-5200	8	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-5200	8	7	160	160	NUM
ajfa-5200	8	8	1	1	NUM
ajfa-5200	8	9	.	.	PUNCT
ajfa-5200	9	1	introduction	introduction	NOUN
ajfa-5200	9	2	since	since	SCONJ
ajfa-5200	9	3	the	the	DET
ajfa-5200	9	4	late	late	ADJ
ajfa-5200	9	5	1930s	1930	NOUN
ajfa-5200	10	1	,	,	PUNCT
ajfa-5200	10	2	keynesian	keynesian	ADJ
ajfa-5200	10	3	fiscal	fiscal	ADJ
ajfa-5200	10	4	policy	policy	NOUN
ajfa-5200	10	5	has	have	AUX
ajfa-5200	10	6	played	play	VERB
ajfa-5200	10	7	a	a	DET
ajfa-5200	10	8	critical	critical	ADJ
ajfa-5200	10	9	role	role	NOUN
ajfa-5200	10	10	in	in	ADP
ajfa-5200	10	11	macroeconomic	macroeconomic	ADJ
ajfa-5200	10	12	management	management	NOUN
ajfa-5200	10	13	in	in	ADP
ajfa-5200	10	14	market	market	NOUN
ajfa-5200	10	15	economies	economy	NOUN
ajfa-5200	10	16	.	.	PUNCT
ajfa-5200	11	1	beginning	begin	VERB
ajfa-5200	11	2	in	in	ADP
ajfa-5200	11	3	the	the	DET
ajfa-5200	11	4	1960s	1960	NOUN
ajfa-5200	11	5	,	,	PUNCT
ajfa-5200	11	6	changes	change	NOUN
ajfa-5200	11	7	in	in	ADP
ajfa-5200	11	8	international	international	ADJ
ajfa-5200	11	9	economic	economic	ADJ
ajfa-5200	11	10	conditions	condition	NOUN
ajfa-5200	11	11	resulted	result	VERB
ajfa-5200	11	12	in	in	ADP
ajfa-5200	11	13	persistently	persistently	ADV
ajfa-5200	11	14	large	large	ADJ
ajfa-5200	11	15	government	government	NOUN
ajfa-5200	11	16	budget	budget	NOUN
ajfa-5200	11	17	deficits	deficit	NOUN
ajfa-5200	11	18	in	in	ADP
ajfa-5200	11	19	economies	economy	NOUN
ajfa-5200	11	20	around	around	ADP
ajfa-5200	11	21	the	the	DET
ajfa-5200	11	22	world	world	NOUN
ajfa-5200	11	23	.	.	PUNCT
ajfa-5200	12	1	as	as	SCONJ
ajfa-5200	12	2	articulated	articulate	VERB
ajfa-5200	12	3	by	by	ADP
ajfa-5200	12	4	mishkin	mishkin	NOUN
ajfa-5200	12	5	(	(	PUNCT
ajfa-5200	12	6	1995	1995	NUM
ajfa-5200	12	7	)	)	PUNCT
ajfa-5200	12	8	,	,	PUNCT
ajfa-5200	12	9	this	this	DET
ajfa-5200	12	10	fiscal	fiscal	ADJ
ajfa-5200	12	11	policy	policy	NOUN
ajfa-5200	12	12	has	have	AUX
ajfa-5200	12	13	lost	lose	VERB
ajfa-5200	12	14	its	its	PRON
ajfa-5200	12	15	luster	luster	NOUN
ajfa-5200	12	16	due	due	ADP
ajfa-5200	12	17	to	to	ADP
ajfa-5200	12	18	persistent	persistent	ADJ
ajfa-5200	12	19	budget	budget	NOUN
ajfa-5200	12	20	shortfalls	shortfall	NOUN
ajfa-5200	12	21	,	,	PUNCT
ajfa-5200	12	22	large	large	ADJ
ajfa-5200	12	23	public	public	ADJ
ajfa-5200	12	24	debts	debt	NOUN
ajfa-5200	12	25	,	,	PUNCT
ajfa-5200	12	26	and	and	CCONJ
ajfa-5200	12	27	doubt	doubt	NOUN
ajfa-5200	12	28	about	about	ADP
ajfa-5200	12	29	the	the	DET
ajfa-5200	12	30	political	political	ADJ
ajfa-5200	12	31	system	system	NOUN
ajfa-5200	12	32	’s	’s	PART
ajfa-5200	12	33	ability	ability	NOUN
ajfa-5200	12	34	to	to	PART
ajfa-5200	12	35	utilize	utilize	VERB
ajfa-5200	12	36	the	the	DET
ajfa-5200	12	37	fiscal	fiscal	ADJ
ajfa-5200	12	38	policy	policy	NOUN
ajfa-5200	12	39	instrument	instrument	NOUN
ajfa-5200	12	40	in	in	ADP
ajfa-5200	12	41	a	a	DET
ajfa-5200	12	42	timely	timely	ADJ
ajfa-5200	12	43	and	and	CCONJ
ajfa-5200	12	44	effective	effective	ADJ
ajfa-5200	12	45	manner	manner	NOUN
ajfa-5200	12	46	to	to	PART
ajfa-5200	12	47	achieve	achieve	VERB
ajfa-5200	12	48	desirable	desirable	ADJ
ajfa-5200	12	49	stabilization	stabilization	NOUN
ajfa-5200	12	50	outcomes	outcome	NOUN
ajfa-5200	12	51	.	.	PUNCT
ajfa-5200	13	1	consequently	consequently	ADV
ajfa-5200	13	2	,	,	PUNCT
ajfa-5200	13	3	the	the	DET
ajfa-5200	13	4	stabilization	stabilization	NOUN
ajfa-5200	13	5	of	of	ADP
ajfa-5200	13	6	output	output	NOUN
ajfa-5200	13	7	and	and	CCONJ
ajfa-5200	13	8	inflation	inflation	NOUN
ajfa-5200	13	9	has	have	AUX
ajfa-5200	13	10	been	be	AUX
ajfa-5200	13	11	left	leave	VERB
ajfa-5200	13	12	largely	largely	ADV
ajfa-5200	13	13	to	to	ADP
ajfa-5200	13	14	monetary	monetary	ADJ
ajfa-5200	13	15	policy	policy	NOUN
ajfa-5200	13	16	.	.	PUNCT
ajfa-5200	14	1	clearly	clearly	ADV
ajfa-5200	14	2	,	,	PUNCT
ajfa-5200	14	3	monetary	monetary	ADJ
ajfa-5200	14	4	policy	policy	NOUN
ajfa-5200	14	5	becomes	become	VERB
ajfa-5200	14	6	more	more	ADV
ajfa-5200	14	7	and	and	CCONJ
ajfa-5200	14	8	more	more	ADV
ajfa-5200	14	9	important	important	ADJ
ajfa-5200	14	10	as	as	ADP
ajfa-5200	14	11	an	an	DET
ajfa-5200	14	12	instrument	instrument	NOUN
ajfa-5200	14	13	for	for	ADP
ajfa-5200	14	14	macroeconomic	macroeconomic	ADJ
ajfa-5200	14	15	policy	policy	NOUN
ajfa-5200	14	16	-	-	PUNCT
ajfa-5200	14	17	making	make	VERB
ajfa-5200	14	18	and	and	CCONJ
ajfa-5200	14	19	macroeconomic	macroeconomic	ADJ
ajfa-5200	14	20	management	management	NOUN
ajfa-5200	14	21	.	.	PUNCT
ajfa-5200	15	1	however	however	ADV
ajfa-5200	15	2	,	,	PUNCT
ajfa-5200	15	3	formulating	formulate	VERB
ajfa-5200	15	4	and	and	CCONJ
ajfa-5200	15	5	implementing	implement	VERB
ajfa-5200	15	6	monetary	monetary	ADJ
ajfa-5200	15	7	policy	policy	NOUN
ajfa-5200	15	8	in	in	ADP
ajfa-5200	15	9	a	a	DET
ajfa-5200	15	10	transitional	transitional	ADJ
ajfa-5200	15	11	economy	economy	NOUN
ajfa-5200	15	12	such	such	ADJ
ajfa-5200	15	13	as	as	ADP
ajfa-5200	15	14	the	the	DET
ajfa-5200	15	15	case	case	NOUN
ajfa-5200	15	16	of	of	ADP
ajfa-5200	15	17	vietnam	vietnam	PROPN
ajfa-5200	15	18	is	be	AUX
ajfa-5200	15	19	very	very	ADV
ajfa-5200	15	20	challenging	challenging	ADJ
ajfa-5200	15	21	.	.	PUNCT
ajfa-5200	16	1	the	the	DET
ajfa-5200	16	2	state	state	PROPN
ajfa-5200	16	3	bank	bank	PROPN
ajfa-5200	16	4	of	of	ADP
ajfa-5200	16	5	vietnam	vietnam	PROPN
ajfa-5200	16	6	supervisors	supervisor	NOUN
ajfa-5200	16	7	encountered	encounter	VERB
ajfa-5200	16	8	difficulties	difficulty	NOUN
ajfa-5200	16	9	enforcing	enforce	VERB
ajfa-5200	16	10	the	the	DET
ajfa-5200	16	11	rules	rule	NOUN
ajfa-5200	16	12	and	and	CCONJ
ajfa-5200	16	13	regulations	regulation	NOUN
ajfa-5200	16	14	.	.	PUNCT
ajfa-5200	17	1	moreover	moreover	ADV
ajfa-5200	17	2	,	,	PUNCT
ajfa-5200	17	3	excessive	excessive	ADJ
ajfa-5200	17	4	loans	loan	NOUN
ajfa-5200	17	5	to	to	ADP
ajfa-5200	17	6	shareholders	shareholder	NOUN
ajfa-5200	17	7	are	be	AUX
ajfa-5200	17	8	a	a	DET
ajfa-5200	17	9	particular	particular	ADJ
ajfa-5200	17	10	problem	problem	NOUN
ajfa-5200	17	11	for	for	ADP
ajfa-5200	17	12	jointstock	jointstock	NOUN
ajfa-5200	17	13	banks	bank	NOUN
ajfa-5200	17	14	as	as	SCONJ
ajfa-5200	17	15	regulations	regulation	NOUN
ajfa-5200	17	16	limiting	limit	VERB
ajfa-5200	17	17	credit	credit	NOUN
ajfa-5200	17	18	to	to	ADP
ajfa-5200	17	19	a	a	DET
ajfa-5200	17	20	single	single	ADJ
ajfa-5200	17	21	borrower	borrower	NOUN
ajfa-5200	17	22	can	can	AUX
ajfa-5200	17	23	be	be	AUX
ajfa-5200	17	24	easily	easily	ADV
ajfa-5200	17	25	circumvented	circumvent	VERB
ajfa-5200	17	26	.	.	PUNCT
ajfa-5200	18	1	the	the	DET
ajfa-5200	18	2	national	national	ADJ
ajfa-5200	18	3	monetary	monetary	ADJ
ajfa-5200	18	4	policy	policy	NOUN
ajfa-5200	18	5	has	have	AUX
ajfa-5200	18	6	been	be	AUX
ajfa-5200	18	7	guided	guide	VERB
ajfa-5200	18	8	by	by	ADP
ajfa-5200	18	9	,	,	PUNCT
ajfa-5200	18	10	at	at	ADP
ajfa-5200	18	11	times	time	NOUN
ajfa-5200	18	12	,	,	PUNCT
ajfa-5200	18	13	conflicting	conflicting	ADJ
ajfa-5200	18	14	policy	policy	NOUN
ajfa-5200	18	15	objectives	objective	NOUN
ajfa-5200	18	16	.	.	PUNCT
ajfa-5200	19	1	domestically	domestically	ADV
ajfa-5200	19	2	,	,	PUNCT
ajfa-5200	19	3	these	these	DET
ajfa-5200	19	4	conflicting	conflicting	ADJ
ajfa-5200	19	5	objectives	objective	NOUN
ajfa-5200	19	6	include	include	VERB
ajfa-5200	19	7	economic	economic	ADJ
ajfa-5200	19	8	growth	growth	NOUN
ajfa-5200	19	9	,	,	PUNCT
ajfa-5200	19	10	price	price	NOUN
ajfa-5200	19	11	and	and	CCONJ
ajfa-5200	19	12	currency	currency	NOUN
ajfa-5200	19	13	stability	stability	NOUN
ajfa-5200	19	14	,	,	PUNCT
ajfa-5200	19	15	financing	financing	NOUN
ajfa-5200	19	16	inefficient	inefficient	ADJ
ajfa-5200	19	17	state	state	NOUN
ajfa-5200	19	18	owned	own	VERB
ajfa-5200	19	19	enterprises	enterprise	NOUN
ajfa-5200	19	20	through	through	ADP
ajfa-5200	19	21	policy	policy	NOUN
ajfa-5200	19	22	directed	direct	VERB
ajfa-5200	19	23	lending	lending	NOUN
ajfa-5200	19	24	and	and	CCONJ
ajfa-5200	19	25	financial	financial	ADJ
ajfa-5200	19	26	system	system	NOUN
ajfa-5200	19	27	stability	stability	NOUN
ajfa-5200	19	28	.	.	PUNCT
ajfa-5200	20	1	the	the	DET
ajfa-5200	20	2	vietnamese	vietnamese	ADJ
ajfa-5200	20	3	banking	banking	NOUN
ajfa-5200	20	4	system	system	NOUN
ajfa-5200	20	5	consists	consist	VERB
ajfa-5200	20	6	of	of	ADP
ajfa-5200	20	7	two	two	NUM
ajfa-5200	20	8	segments	segment	NOUN
ajfa-5200	20	9	:	:	PUNCT
ajfa-5200	20	10	the	the	DET
ajfa-5200	20	11	four	four	NUM
ajfa-5200	20	12	dominant	dominant	ADJ
ajfa-5200	20	13	large	large	ADJ
ajfa-5200	20	14	state	state	NOUN
ajfa-5200	20	15	owned	own	VERB
ajfa-5200	20	16	commercial	commercial	ADJ
ajfa-5200	20	17	banks	bank	NOUN
ajfa-5200	20	18	,	,	PUNCT
ajfa-5200	20	19	and	and	CCONJ
ajfa-5200	20	20	a	a	DET
ajfa-5200	20	21	number	number	NOUN
ajfa-5200	20	22	of	of	ADP
ajfa-5200	20	23	small	small	ADJ
ajfa-5200	20	24	and	and	CCONJ
ajfa-5200	20	25	more	more	ADV
ajfa-5200	20	26	dynamic	dynamic	ADJ
ajfa-5200	20	27	foreign	foreign	NOUN
ajfa-5200	20	28	-	-	PUNCT
ajfa-5200	20	29	owned	own	VERB
ajfa-5200	20	30	and	and	CCONJ
ajfa-5200	20	31	jointventure	jointventure	NOUN
ajfa-5200	20	32	banks	bank	NOUN
ajfa-5200	20	33	.	.	PUNCT
ajfa-5200	21	1	the	the	DET
ajfa-5200	21	2	state	state	NOUN
ajfa-5200	21	3	owned	own	VERB
ajfa-5200	21	4	commercial	commercial	ADJ
ajfa-5200	21	5	banks	bank	NOUN
ajfa-5200	21	6	frequently	frequently	ADV
ajfa-5200	21	7	operate	operate	VERB
ajfa-5200	21	8	on	on	ADP
ajfa-5200	21	9	a	a	DET
ajfa-5200	21	10	non	non	ADJ
ajfa-5200	21	11	-	-	ADJ
ajfa-5200	21	12	commercial	commercial	ADJ
ajfa-5200	21	13	basis	basis	NOUN
ajfa-5200	21	14	,	,	PUNCT
ajfa-5200	21	15	with	with	ADP
ajfa-5200	21	16	a	a	DET
ajfa-5200	21	17	culture	culture	NOUN
ajfa-5200	21	18	of	of	ADP
ajfa-5200	21	19	policy	policy	NOUN
ajfa-5200	21	20	lending	lending	NOUN
ajfa-5200	21	21	,	,	PUNCT
ajfa-5200	21	22	which	which	PRON
ajfa-5200	21	23	is	be	AUX
ajfa-5200	21	24	subject	subject	ADJ
ajfa-5200	21	25	to	to	ADP
ajfa-5200	21	26	direct	direct	ADJ
ajfa-5200	21	27	government	government	NOUN
ajfa-5200	21	28	interference	interference	NOUN
ajfa-5200	21	29	.	.	PUNCT
ajfa-5200	22	1	however	however	ADV
ajfa-5200	22	2	,	,	PUNCT
ajfa-5200	22	3	the	the	DET
ajfa-5200	22	4	rest	rest	NOUN
ajfa-5200	22	5	of	of	ADP
ajfa-5200	22	6	the	the	DET
ajfa-5200	22	7	banking	banking	NOUN
ajfa-5200	22	8	system	system	NOUN
ajfa-5200	22	9	is	be	AUX
ajfa-5200	22	10	more	more	ADJ
ajfa-5200	22	11	market	market	NOUN
ajfa-5200	22	12	-	-	PUNCT
ajfa-5200	22	13	oriented	orient	VERB
ajfa-5200	22	14	.	.	PUNCT
ajfa-5200	23	1	transparency	transparency	NOUN
ajfa-5200	23	2	in	in	ADP
ajfa-5200	23	3	banking	banking	NOUN
ajfa-5200	23	4	operations	operation	NOUN
ajfa-5200	23	5	,	,	PUNCT
ajfa-5200	23	6	especially	especially	ADV
ajfa-5200	23	7	in	in	ADP
ajfa-5200	23	8	the	the	DET
ajfa-5200	23	9	lending	lending	NOUN
ajfa-5200	23	10	decisions	decision	NOUN
ajfa-5200	23	11	,	,	PUNCT
ajfa-5200	23	12	is	be	AUX
ajfa-5200	23	13	always	always	ADV
ajfa-5200	23	14	a	a	DET
ajfa-5200	23	15	thorny	thorny	ADJ
ajfa-5200	23	16	issue	issue	NOUN
ajfa-5200	23	17	.	.	PUNCT
ajfa-5200	24	1	these	these	PRON
ajfa-5200	24	2	complicate	complicate	VERB
ajfa-5200	24	3	the	the	DET
ajfa-5200	24	4	transmission	transmission	NOUN
ajfa-5200	24	5	of	of	ADP
ajfa-5200	24	6	monetary	monetary	ADJ
ajfa-5200	24	7	policy	policy	NOUN
ajfa-5200	24	8	,	,	PUNCT
ajfa-5200	24	9	which	which	PRON
ajfa-5200	24	10	operates	operate	VERB
ajfa-5200	24	11	under	under	ADP
ajfa-5200	24	12	a	a	DET
ajfa-5200	24	13	mix	mix	NOUN
ajfa-5200	24	14	of	of	ADP
ajfa-5200	24	15	direct	direct	ADJ
ajfa-5200	24	16	channels	channel	NOUN
ajfa-5200	24	17	(	(	PUNCT
ajfa-5200	24	18	through	through	ADP
ajfa-5200	24	19	the	the	DET
ajfa-5200	24	20	state	state	NOUN
ajfa-5200	24	21	owned	own	VERB
ajfa-5200	24	22	commercial	commercial	ADJ
ajfa-5200	24	23	banks	bank	NOUN
ajfa-5200	24	24	)	)	PUNCT
ajfa-5200	24	25	and	and	CCONJ
ajfa-5200	24	26	market	market	NOUN
ajfa-5200	24	27	mechanisms	mechanism	NOUN
ajfa-5200	24	28	(	(	PUNCT
ajfa-5200	24	29	through	through	ADP
ajfa-5200	24	30	other	other	ADJ
ajfa-5200	24	31	banks	bank	NOUN
ajfa-5200	24	32	)	)	PUNCT
ajfa-5200	24	33	in	in	ADP
ajfa-5200	24	34	an	an	DET
ajfa-5200	24	35	opaque	opaque	ADJ
ajfa-5200	24	36	environment	environment	NOUN
ajfa-5200	24	37	.	.	PUNCT
ajfa-5200	25	1	even	even	ADV
ajfa-5200	25	2	under	under	ADP
ajfa-5200	25	3	the	the	DET
ajfa-5200	25	4	increases	increase	NOUN
ajfa-5200	25	5	in	in	ADP
ajfa-5200	25	6	inflation	inflation	NOUN
ajfa-5200	25	7	pressure	pressure	NOUN
ajfa-5200	25	8	,	,	PUNCT
ajfa-5200	25	9	the	the	DET
ajfa-5200	25	10	state	state	PROPN
ajfa-5200	25	11	bank	bank	PROPN
ajfa-5200	25	12	of	of	ADP
ajfa-5200	25	13	vietnam	vietnam	PROPN
ajfa-5200	25	14	must	must	AUX
ajfa-5200	25	15	continue	continue	VERB
ajfa-5200	25	16	to	to	PART
ajfa-5200	25	17	focus	focus	VERB
ajfa-5200	25	18	its	its	PRON
ajfa-5200	25	19	operations	operation	NOUN
ajfa-5200	25	20	on	on	ADP
ajfa-5200	25	21	the	the	DET
ajfa-5200	25	22	need	need	NOUN
ajfa-5200	25	23	to	to	PART
ajfa-5200	25	24	meet	meet	VERB
ajfa-5200	25	25	the	the	DET
ajfa-5200	25	26	economic	economic	ADJ
ajfa-5200	25	27	growth	growth	NOUN
ajfa-5200	25	28	objectives	objective	NOUN
ajfa-5200	25	29	set	set	VERB
ajfa-5200	25	30	by	by	ADP
ajfa-5200	25	31	the	the	DET
ajfa-5200	25	32	national	national	ADJ
ajfa-5200	25	33	assembly	assembly	NOUN
ajfa-5200	25	34	.	.	PUNCT
ajfa-5200	26	1	as	as	ADP
ajfa-5200	26	2	a	a	DET
ajfa-5200	26	3	result	result	NOUN
ajfa-5200	26	4	,	,	PUNCT
ajfa-5200	26	5	open	open	ADJ
ajfa-5200	26	6	market	market	NOUN
ajfa-5200	26	7	operations	operation	NOUN
ajfa-5200	26	8	at	at	ADP
ajfa-5200	26	9	times	time	NOUN
ajfa-5200	26	10	have	have	AUX
ajfa-5200	26	11	been	be	AUX
ajfa-5200	26	12	used	use	VERB
ajfa-5200	26	13	primarily	primarily	ADV
ajfa-5200	26	14	to	to	PART
ajfa-5200	26	15	inject	inject	VERB
ajfa-5200	26	16	liquidity	liquidity	NOUN
ajfa-5200	26	17	into	into	ADP
ajfa-5200	26	18	the	the	DET
ajfa-5200	26	19	banking	banking	NOUN
ajfa-5200	26	20	system	system	NOUN
ajfa-5200	26	21	as	as	SCONJ
ajfa-5200	26	22	needed	need	VERB
ajfa-5200	26	23	to	to	PART
ajfa-5200	26	24	support	support	VERB
ajfa-5200	26	25	the	the	DET
ajfa-5200	26	26	state	state	NOUN
ajfa-5200	26	27	owned	own	VERB
ajfa-5200	26	28	commercial	commercial	ADJ
ajfa-5200	26	29	banks	bank	NOUN
ajfa-5200	26	30	'	'	PART
ajfa-5200	26	31	own	own	ADJ
ajfa-5200	26	32	budget	budget	NOUN
ajfa-5200	26	33	shortfalls	shortfall	NOUN
ajfa-5200	26	34	and	and	CCONJ
ajfa-5200	26	35	the	the	DET
ajfa-5200	26	36	financing	financing	NOUN
ajfa-5200	26	37	of	of	ADP
ajfa-5200	26	38	large	large	ADJ
ajfa-5200	26	39	public	public	ADJ
ajfa-5200	26	40	infrastructure	infrastructure	NOUN
ajfa-5200	26	41	projects	project	NOUN
ajfa-5200	26	42	.	.	PUNCT
ajfa-5200	27	1	one	one	NUM
ajfa-5200	27	2	of	of	ADP
ajfa-5200	27	3	the	the	DET
ajfa-5200	27	4	consequences	consequence	NOUN
ajfa-5200	27	5	of	of	ADP
ajfa-5200	27	6	the	the	DET
ajfa-5200	27	7	above	above	ADJ
ajfa-5200	27	8	policy	policy	NOUN
ajfa-5200	27	9	has	have	AUX
ajfa-5200	27	10	been	be	AUX
ajfa-5200	27	11	the	the	DET
ajfa-5200	27	12	increase	increase	NOUN
ajfa-5200	27	13	in	in	ADP
ajfa-5200	27	14	non	non	ADJ
ajfa-5200	27	15	-	-	ADJ
ajfa-5200	27	16	performing	performing	ADJ
ajfa-5200	27	17	loans	loan	NOUN
ajfa-5200	27	18	,	,	PUNCT
ajfa-5200	27	19	mostly	mostly	ADV
ajfa-5200	27	20	from	from	ADP
ajfa-5200	27	21	the	the	DET
ajfa-5200	27	22	state	state	NOUN
ajfa-5200	27	23	-	-	PUNCT
ajfa-5200	27	24	owned	own	VERB
ajfa-5200	27	25	enterprises	enterprise	NOUN
ajfa-5200	27	26	,	,	PUNCT
ajfa-5200	27	27	accumulated	accumulate	VERB
ajfa-5200	27	28	in	in	ADP
ajfa-5200	27	29	the	the	DET
ajfa-5200	27	30	financial	financial	ADJ
ajfa-5200	27	31	institutions	institution	NOUN
ajfa-5200	27	32	'	'	PART
ajfa-5200	27	33	balance	balance	NOUN
ajfa-5200	27	34	sheets	sheet	NOUN
ajfa-5200	27	35	.	.	PUNCT
ajfa-5200	28	1	even	even	ADV
ajfa-5200	28	2	with	with	ADP
ajfa-5200	28	3	reforms	reform	NOUN
ajfa-5200	28	4	,	,	PUNCT
ajfa-5200	28	5	the	the	DET
ajfa-5200	28	6	governmental	governmental	ADJ
ajfa-5200	28	7	banking	banking	NOUN
ajfa-5200	28	8	decrees	decree	NOUN
ajfa-5200	28	9	and	and	CCONJ
ajfa-5200	28	10	legislatures	legislature	NOUN
ajfa-5200	28	11	modifying	modify	VERB
ajfa-5200	28	12	the	the	DET
ajfa-5200	28	13	national	national	ADJ
ajfa-5200	28	14	assembly	assembly	NOUN
ajfa-5200	28	15	's	's	PART
ajfa-5200	28	16	1997	1997	NUM
ajfa-5200	28	17	-	-	PUNCT
ajfa-5200	28	18	laws	law	NOUN
ajfa-5200	28	19	relating	relate	VERB
ajfa-5200	28	20	to	to	ADP
ajfa-5200	28	21	the	the	DET
ajfa-5200	28	22	operations	operation	NOUN
ajfa-5200	28	23	of	of	ADP
ajfa-5200	28	24	the	the	DET
ajfa-5200	28	25	central	central	ADJ
ajfa-5200	28	26	bank	bank	PROPN
ajfa-5200	28	27	and	and	CCONJ
ajfa-5200	28	28	commercial	commercial	ADJ
ajfa-5200	28	29	banks	bank	NOUN
ajfa-5200	28	30	,	,	PUNCT
ajfa-5200	28	31	the	the	DET
ajfa-5200	28	32	internal	internal	ADJ
ajfa-5200	28	33	and	and	CCONJ
ajfa-5200	28	34	external	external	ADJ
ajfa-5200	28	35	difficulties	difficulty	NOUN
ajfa-5200	28	36	of	of	ADP
ajfa-5200	28	37	the	the	DET
ajfa-5200	28	38	vietnamese	vietnamese	ADJ
ajfa-5200	28	39	banking	banking	NOUN
ajfa-5200	28	40	system	system	NOUN
ajfa-5200	28	41	are	be	AUX
ajfa-5200	28	42	still	still	ADV
ajfa-5200	28	43	asian	asian	ADJ
ajfa-5200	28	44	journal	journal	NOUN
ajfa-5200	28	45	of	of	ADP
ajfa-5200	28	46	finance	finance	PROPN
ajfa-5200	28	47	&	&	CCONJ
ajfa-5200	28	48	accounting	accounting	PROPN
ajfa-5200	28	49	issn	issn	PROPN
ajfa-5200	28	50	1946	1946	NUM
ajfa-5200	28	51	-	-	PUNCT
ajfa-5200	28	52	052x	052x	PROPN
ajfa-5200	28	53	2014	2014	NUM
ajfa-5200	28	54	,	,	PUNCT
ajfa-5200	28	55	vol	vol	NOUN
ajfa-5200	28	56	.	.	PROPN
ajfa-5200	28	57	6	6	NUM
ajfa-5200	28	58	,	,	PUNCT
ajfa-5200	28	59	no	no	INTJ
ajfa-5200	28	60	.	.	NOUN
ajfa-5200	28	61	1	1	NUM
ajfa-5200	28	62	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5200	28	63	161	161	NUM
ajfa-5200	28	64	problematic	problematic	ADJ
ajfa-5200	28	65	.	.	PUNCT
ajfa-5200	29	1	as	as	ADV
ajfa-5200	29	2	recently	recently	ADV
ajfa-5200	29	3	as	as	ADP
ajfa-5200	29	4	december	december	PROPN
ajfa-5200	29	5	2006	2006	NUM
ajfa-5200	29	6	,	,	PUNCT
ajfa-5200	29	7	the	the	DET
ajfa-5200	29	8	state	state	PROPN
ajfa-5200	29	9	bank	bank	PROPN
ajfa-5200	29	10	of	of	ADP
ajfa-5200	29	11	vietnam	vietnam	PROPN
ajfa-5200	29	12	was	be	AUX
ajfa-5200	29	13	still	still	ADV
ajfa-5200	29	14	wrapped	wrap	VERB
ajfa-5200	29	15	in	in	ADP
ajfa-5200	29	16	a	a	DET
ajfa-5200	29	17	vicious	vicious	ADJ
ajfa-5200	29	18	circle	circle	NOUN
ajfa-5200	29	19	,	,	PUNCT
ajfa-5200	29	20	evidenced	evidence	VERB
ajfa-5200	29	21	in	in	ADP
ajfa-5200	29	22	the	the	DET
ajfa-5200	29	23	imf	imf	PROPN
ajfa-5200	29	24	country	country	PROPN
ajfa-5200	29	25	report	report	VERB
ajfa-5200	29	26	06/421:"the	06/421:"the	DET
ajfa-5200	29	27	state	state	PROPN
ajfa-5200	29	28	bank	bank	PROPN
ajfa-5200	29	29	of	of	ADP
ajfa-5200	29	30	vietnam	vietnam	PROPN
ajfa-5200	29	31	revised	revise	VERB
ajfa-5200	29	32	monetary	monetary	ADJ
ajfa-5200	29	33	program	program	NOUN
ajfa-5200	29	34	for	for	ADP
ajfa-5200	29	35	2006	2006	NUM
ajfa-5200	29	36	targets	target	VERB
ajfa-5200	29	37	a	a	DET
ajfa-5200	29	38	deceleration	deceleration	NOUN
ajfa-5200	29	39	of	of	ADP
ajfa-5200	29	40	credit	credit	NOUN
ajfa-5200	29	41	growth	growth	NOUN
ajfa-5200	29	42	to	to	ADP
ajfa-5200	29	43	20	20	NUM
ajfa-5200	29	44	percent	percent	NOUN
ajfa-5200	29	45	by	by	ADP
ajfa-5200	29	46	end-2006	end-2006	NOUN
ajfa-5200	29	47	.	.	PUNCT
ajfa-5200	30	1	the	the	DET
ajfa-5200	30	2	team	team	NOUN
ajfa-5200	30	3	supported	support	VERB
ajfa-5200	30	4	the	the	DET
ajfa-5200	30	5	authorities	authority	NOUN
ajfa-5200	30	6	'	'	PART
ajfa-5200	30	7	aim	aim	NOUN
ajfa-5200	30	8	to	to	ADP
ajfa-5200	30	9	low	low	ADJ
ajfa-5200	30	10	credit	credit	NOUN
ajfa-5200	30	11	growth	growth	NOUN
ajfa-5200	30	12	and	and	CCONJ
ajfa-5200	30	13	welcomed	welcome	VERB
ajfa-5200	30	14	the	the	DET
ajfa-5200	30	15	increased	increase	VERB
ajfa-5200	30	16	caution	caution	NOUN
ajfa-5200	30	17	exercised	exercise	VERB
ajfa-5200	30	18	by	by	ADP
ajfa-5200	30	19	the	the	DET
ajfa-5200	30	20	state	state	NOUN
ajfa-5200	30	21	owned	own	VERB
ajfa-5200	30	22	commercial	commercial	ADJ
ajfa-5200	30	23	hanks	hank	NOUN
ajfa-5200	30	24	in	in	ADP
ajfa-5200	30	25	their	their	PRON
ajfa-5200	30	26	new	new	ADJ
ajfa-5200	30	27	lending	lending	NOUN
ajfa-5200	30	28	.	.	PUNCT
ajfa-5200	31	1	however	however	ADV
ajfa-5200	31	2	,	,	PUNCT
ajfa-5200	31	3	given	give	VERB
ajfa-5200	31	4	a	a	DET
ajfa-5200	31	5	still	still	ADV
ajfa-5200	31	6	large	large	ADJ
ajfa-5200	31	7	amount	amount	NOUN
ajfa-5200	31	8	of	of	ADP
ajfa-5200	31	9	excess	excess	ADJ
ajfa-5200	31	10	bank	bank	NOUN
ajfa-5200	31	11	liquidity	liquidity	NOUN
ajfa-5200	31	12	,	,	PUNCT
ajfa-5200	31	13	there	there	PRON
ajfa-5200	31	14	is	be	VERB
ajfa-5200	31	15	a	a	DET
ajfa-5200	31	16	risk	risk	NOUN
ajfa-5200	31	17	that	that	SCONJ
ajfa-5200	31	18	credit	credit	NOUN
ajfa-5200	31	19	growth	growth	NOUN
ajfa-5200	31	20	will	will	AUX
ajfa-5200	31	21	resurge	resurge	VERB
ajfa-5200	31	22	during	during	ADP
ajfa-5200	31	23	the	the	DET
ajfa-5200	31	24	remainder	remainder	NOUN
ajfa-5200	31	25	of	of	ADP
ajfa-5200	31	26	the	the	DET
ajfa-5200	31	27	year	year	NOUN
ajfa-5200	31	28	,	,	PUNCT
ajfa-5200	31	29	especially	especially	ADV
ajfa-5200	31	30	if	if	SCONJ
ajfa-5200	31	31	this	this	PRON
ajfa-5200	31	32	proves	prove	VERB
ajfa-5200	31	33	necessary	necessary	ADJ
ajfa-5200	31	34	to	to	PART
ajfa-5200	31	35	ensure	ensure	VERB
ajfa-5200	31	36	the	the	DET
ajfa-5200	31	37	financing	financing	NOUN
ajfa-5200	31	38	of	of	ADP
ajfa-5200	31	39	strategic	strategic	ADJ
ajfa-5200	31	40	state	state	NOUN
ajfa-5200	31	41	owned	own	VERB
ajfa-5200	31	42	enterprise	enterprise	NOUN
ajfa-5200	31	43	projects	project	NOUN
ajfa-5200	31	44	.	.	PUNCT
ajfa-5200	32	1	moreover	moreover	ADV
ajfa-5200	32	2	,	,	PUNCT
ajfa-5200	32	3	challenges	challenge	NOUN
ajfa-5200	32	4	may	may	AUX
ajfa-5200	32	5	be	be	AUX
ajfa-5200	32	6	posed	pose	VERB
ajfa-5200	32	7	by	by	ADP
ajfa-5200	32	8	financing	financing	NOUN
ajfa-5200	32	9	of	of	ADP
ajfa-5200	32	10	strategic	strategic	ADJ
ajfa-5200	32	11	state	state	NOUN
ajfa-5200	32	12	owned	own	VERB
ajfa-5200	32	13	enterprise	enterprise	NOUN
ajfa-5200	32	14	projects	project	NOUN
ajfa-5200	32	15	.	.	PUNCT
ajfa-5200	33	1	additional	additional	ADJ
ajfa-5200	33	2	challenges	challenge	NOUN
ajfa-5200	33	3	may	may	AUX
ajfa-5200	33	4	be	be	AUX
ajfa-5200	33	5	posed	pose	VERB
ajfa-5200	33	6	by	by	ADP
ajfa-5200	33	7	owned	own	VERB
ajfa-5200	33	8	enterprise	enterprise	NOUN
ajfa-5200	33	9	bonds	bond	NOUN
ajfa-5200	33	10	and	and	CCONJ
ajfa-5200	33	11	stock	stock	NOUN
ajfa-5200	33	12	market	market	NOUN
ajfa-5200	33	13	-	-	PUNCT
ajfa-5200	33	14	related	relate	VERB
ajfa-5200	33	15	lending	lending	NOUN
ajfa-5200	33	16	.	.	PUNCT
ajfa-5200	34	1	the	the	DET
ajfa-5200	34	2	authorities	authority	NOUN
ajfa-5200	34	3	acknowledged	acknowledge	VERB
ajfa-5200	34	4	that	that	SCONJ
ajfa-5200	34	5	bank	bank	NOUN
ajfa-5200	34	6	financing	financing	NOUN
ajfa-5200	34	7	for	for	ADP
ajfa-5200	34	8	many	many	ADJ
ajfa-5200	34	9	large	large	ADJ
ajfa-5200	34	10	state	state	NOUN
ajfa-5200	34	11	owned	own	VERB
ajfa-5200	34	12	enterprise	enterprise	NOUN
ajfa-5200	34	13	projects	project	NOUN
ajfa-5200	34	14	was	be	AUX
ajfa-5200	34	15	likely	likely	ADJ
ajfa-5200	34	16	to	to	PART
ajfa-5200	34	17	materialize	materialize	VERB
ajfa-5200	34	18	in	in	ADP
ajfa-5200	34	19	the	the	DET
ajfa-5200	34	20	corning	corning	NOUN
ajfa-5200	34	21	months	month	NOUN
ajfa-5200	34	22	.	.	PUNCT
ajfa-5200	34	23	"	"	PUNCT
ajfa-5200	35	1	the	the	DET
ajfa-5200	35	2	standard	standard	ADJ
ajfa-5200	35	3	neoclassical	neoclassical	ADJ
ajfa-5200	35	4	paradigm	paradigm	NOUN
ajfa-5200	35	5	of	of	ADP
ajfa-5200	35	6	financial	financial	ADJ
ajfa-5200	35	7	economics	economic	NOUN
ajfa-5200	35	8	assumes	assume	VERB
ajfa-5200	35	9	that	that	SCONJ
ajfa-5200	35	10	investors	investor	NOUN
ajfa-5200	35	11	react	react	VERB
ajfa-5200	35	12	to	to	ADP
ajfa-5200	35	13	noteworthy	noteworthy	ADJ
ajfa-5200	35	14	news	news	NOUN
ajfa-5200	35	15	events	event	NOUN
ajfa-5200	35	16	by	by	ADP
ajfa-5200	35	17	adjusting	adjust	VERB
ajfa-5200	35	18	their	their	PRON
ajfa-5200	35	19	investment	investment	NOUN
ajfa-5200	35	20	portfolios	portfolio	NOUN
ajfa-5200	35	21	because	because	SCONJ
ajfa-5200	35	22	these	these	DET
ajfa-5200	35	23	events	event	NOUN
ajfa-5200	35	24	change	change	VERB
ajfa-5200	35	25	the	the	DET
ajfa-5200	35	26	risk	risk	NOUN
ajfa-5200	35	27	-	-	PUNCT
ajfa-5200	35	28	return	return	NOUN
ajfa-5200	35	29	profile	profile	NOUN
ajfa-5200	35	30	of	of	ADP
ajfa-5200	35	31	securities	security	NOUN
ajfa-5200	35	32	.	.	PUNCT
ajfa-5200	36	1	therefore	therefore	ADV
ajfa-5200	36	2	,	,	PUNCT
ajfa-5200	36	3	changes	change	NOUN
ajfa-5200	36	4	in	in	ADP
ajfa-5200	36	5	the	the	DET
ajfa-5200	36	6	money	money	NOUN
ajfa-5200	36	7	supply	supply	NOUN
ajfa-5200	36	8	m1	m1	PROPN
ajfa-5200	36	9	is	be	AUX
ajfa-5200	36	10	an	an	DET
ajfa-5200	36	11	indicator	indicator	NOUN
ajfa-5200	36	12	of	of	ADP
ajfa-5200	36	13	changes	change	NOUN
ajfa-5200	36	14	in	in	ADP
ajfa-5200	36	15	future	future	ADJ
ajfa-5200	36	16	macroeconomic	macroeconomic	ADJ
ajfa-5200	36	17	conditions	condition	NOUN
ajfa-5200	36	18	such	such	ADJ
ajfa-5200	36	19	as	as	ADP
ajfa-5200	36	20	inflation	inflation	NOUN
ajfa-5200	36	21	,	,	PUNCT
ajfa-5200	36	22	interest	interest	NOUN
ajfa-5200	36	23	rate	rate	NOUN
ajfa-5200	36	24	and	and	CCONJ
ajfa-5200	36	25	unemployment	unemployment	NOUN
ajfa-5200	36	26	,	,	PUNCT
ajfa-5200	36	27	sophisticated	sophisticated	ADJ
ajfa-5200	36	28	and	and	CCONJ
ajfa-5200	36	29	unsophisticated	unsophisticated	ADJ
ajfa-5200	36	30	investors	investor	NOUN
ajfa-5200	36	31	alike	alike	ADV
ajfa-5200	36	32	will	will	AUX
ajfa-5200	36	33	react	react	VERB
ajfa-5200	36	34	according	accord	VERB
ajfa-5200	36	35	to	to	ADP
ajfa-5200	36	36	their	their	PRON
ajfa-5200	36	37	ability	ability	NOUN
ajfa-5200	36	38	to	to	PART
ajfa-5200	36	39	access	access	VERB
ajfa-5200	36	40	research	research	NOUN
ajfa-5200	36	41	information	information	NOUN
ajfa-5200	36	42	and	and	CCONJ
ajfa-5200	36	43	reposition	reposition	VERB
ajfa-5200	36	44	their	their	PRON
ajfa-5200	36	45	portfolios	portfolio	NOUN
ajfa-5200	36	46	.	.	PUNCT
ajfa-5200	37	1	more	more	ADV
ajfa-5200	37	2	specifically	specifically	ADV
ajfa-5200	37	3	,	,	PUNCT
ajfa-5200	37	4	neo	neo	NOUN
ajfa-5200	37	5	-	-	ADJ
ajfa-5200	37	6	classical	classical	ADJ
ajfa-5200	37	7	economists	economist	NOUN
ajfa-5200	37	8	theorized	theorize	VERB
ajfa-5200	37	9	that	that	SCONJ
ajfa-5200	37	10	an	an	DET
ajfa-5200	37	11	increase	increase	NOUN
ajfa-5200	37	12	in	in	ADP
ajfa-5200	37	13	money	money	NOUN
ajfa-5200	37	14	supply	supply	NOUN
ajfa-5200	37	15	strengthens	strengthen	VERB
ajfa-5200	37	16	the	the	DET
ajfa-5200	37	17	stock	stock	NOUN
ajfa-5200	37	18	prices	price	NOUN
ajfa-5200	37	19	.	.	PUNCT
ajfa-5200	38	1	conversely	conversely	ADV
ajfa-5200	38	2	,	,	PUNCT
ajfa-5200	38	3	a	a	DET
ajfa-5200	38	4	fall	fall	NOUN
ajfa-5200	38	5	in	in	ADP
ajfa-5200	38	6	money	money	NOUN
ajfa-5200	38	7	supply	supply	NOUN
ajfa-5200	38	8	should	should	AUX
ajfa-5200	38	9	slow	slow	VERB
ajfa-5200	38	10	down	down	ADP
ajfa-5200	38	11	the	the	DET
ajfa-5200	38	12	stock	stock	NOUN
ajfa-5200	38	13	prices	price	NOUN
ajfa-5200	38	14	.	.	PUNCT
ajfa-5200	39	1	the	the	DET
ajfa-5200	39	2	post	post	ADJ
ajfa-5200	39	3	-	-	ADJ
ajfa-5200	39	4	keynesian	keynesian	ADJ
ajfa-5200	39	5	school	school	NOUN
ajfa-5200	39	6	of	of	ADP
ajfa-5200	39	7	economics	economic	NOUN
ajfa-5200	39	8	(	(	PUNCT
ajfa-5200	39	9	see	see	VERB
ajfa-5200	39	10	wray	wray	NOUN
ajfa-5200	39	11	,	,	PUNCT
ajfa-5200	39	12	1998	1998	NUM
ajfa-5200	39	13	for	for	ADP
ajfa-5200	39	14	the	the	DET
ajfa-5200	39	15	exposition	exposition	NOUN
ajfa-5200	39	16	of	of	ADP
ajfa-5200	39	17	post	post	ADJ
ajfa-5200	39	18	-	-	ADJ
ajfa-5200	39	19	keynesian	keynesian	ADJ
ajfa-5200	39	20	thinking	thinking	NOUN
ajfa-5200	39	21	)	)	PUNCT
ajfa-5200	39	22	has	have	AUX
ajfa-5200	39	23	long	long	ADV
ajfa-5200	39	24	questioned	question	VERB
ajfa-5200	39	25	the	the	DET
ajfa-5200	39	26	importance	importance	NOUN
ajfa-5200	39	27	of	of	ADP
ajfa-5200	39	28	the	the	DET
ajfa-5200	39	29	above	above	ADJ
ajfa-5200	39	30	hypothesized	hypothesized	ADJ
ajfa-5200	39	31	relationship	relationship	NOUN
ajfa-5200	39	32	.	.	PUNCT
ajfa-5200	40	1	this	this	DET
ajfa-5200	40	2	school	school	NOUN
ajfa-5200	40	3	of	of	ADP
ajfa-5200	40	4	thought	thought	NOUN
ajfa-5200	40	5	posits	posit	NOUN
ajfa-5200	40	6	that	that	PRON
ajfa-5200	40	7	movements	movement	NOUN
ajfa-5200	40	8	in	in	ADP
ajfa-5200	40	9	money	money	NOUN
ajfa-5200	40	10	supply	supply	NOUN
ajfa-5200	40	11	m1	m1	PROPN
ajfa-5200	40	12	reflect	reflect	VERB
ajfa-5200	40	13	the	the	DET
ajfa-5200	40	14	shift	shift	NOUN
ajfa-5200	40	15	of	of	ADP
ajfa-5200	40	16	money	money	NOUN
ajfa-5200	40	17	from	from	ADP
ajfa-5200	40	18	long	long	ADJ
ajfa-5200	40	19	-	-	PUNCT
ajfa-5200	40	20	term	term	NOUN
ajfa-5200	40	21	saving	save	VERB
ajfa-5200	40	22	deposits	deposit	NOUN
ajfa-5200	40	23	to	to	PART
ajfa-5200	40	24	demand	demand	VERB
ajfa-5200	40	25	deposits	deposit	NOUN
ajfa-5200	40	26	and	and	CCONJ
ajfa-5200	40	27	vice	vice	ADV
ajfa-5200	40	28	versa	versa	ADV
ajfa-5200	40	29	as	as	ADP
ajfa-5200	40	30	a	a	DET
ajfa-5200	40	31	result	result	NOUN
ajfa-5200	40	32	of	of	ADP
ajfa-5200	40	33	the	the	DET
ajfa-5200	40	34	preceding	precede	VERB
ajfa-5200	40	35	changes	change	NOUN
ajfa-5200	40	36	in	in	ADP
ajfa-5200	40	37	stock	stock	NOUN
ajfa-5200	40	38	prices	price	NOUN
ajfa-5200	40	39	.	.	PUNCT
ajfa-5200	41	1	for	for	ADP
ajfa-5200	41	2	example	example	NOUN
ajfa-5200	41	3	,	,	PUNCT
ajfa-5200	41	4	raises	raise	VERB
ajfa-5200	41	5	in	in	ADP
ajfa-5200	41	6	stock	stock	NOUN
ajfa-5200	41	7	prices	price	NOUN
ajfa-5200	41	8	induce	induce	VERB
ajfa-5200	41	9	investors	investor	NOUN
ajfa-5200	41	10	to	to	PART
ajfa-5200	41	11	liquidate	liquidate	VERB
ajfa-5200	41	12	their	their	PRON
ajfa-5200	41	13	long	long	ADJ
ajfa-5200	41	14	-	-	PUNCT
ajfa-5200	41	15	term	term	NOUN
ajfa-5200	41	16	saving	save	VERB
ajfa-5200	41	17	deposits	deposit	NOUN
ajfa-5200	41	18	to	to	PART
ajfa-5200	41	19	use	use	VERB
ajfa-5200	41	20	the	the	DET
ajfa-5200	41	21	fund	fund	NOUN
ajfa-5200	41	22	to	to	PART
ajfa-5200	41	23	purchase	purchase	VERB
ajfa-5200	41	24	stocks	stock	NOUN
ajfa-5200	41	25	and	and	CCONJ
ajfa-5200	41	26	other	other	ADJ
ajfa-5200	41	27	financial	financial	ADJ
ajfa-5200	41	28	assets	asset	NOUN
ajfa-5200	41	29	.	.	PUNCT
ajfa-5200	42	1	in	in	ADP
ajfa-5200	42	2	this	this	DET
ajfa-5200	42	3	portfolio	portfolio	NOUN
ajfa-5200	42	4	adjustment	adjustment	NOUN
ajfa-5200	42	5	process	process	NOUN
ajfa-5200	42	6	demand	demand	NOUN
ajfa-5200	42	7	deposits	deposit	NOUN
ajfa-5200	42	8	tend	tend	VERB
ajfa-5200	42	9	to	to	PART
ajfa-5200	42	10	increase	increase	VERB
ajfa-5200	42	11	,	,	PUNCT
ajfa-5200	42	12	which	which	PRON
ajfa-5200	42	13	in	in	ADP
ajfa-5200	42	14	turn	turn	NOUN
ajfa-5200	42	15	raises	raise	VERB
ajfa-5200	42	16	money	money	NOUN
ajfa-5200	42	17	m1	m1	NOUN
ajfa-5200	42	18	.	.	PUNCT
ajfa-5200	43	1	the	the	DET
ajfa-5200	43	2	trend	trend	NOUN
ajfa-5200	43	3	is	be	AUX
ajfa-5200	43	4	reversed	reverse	VERB
ajfa-5200	43	5	when	when	SCONJ
ajfa-5200	43	6	assets	asset	NOUN
ajfa-5200	43	7	and	and	CCONJ
ajfa-5200	43	8	stock	stock	NOUN
ajfa-5200	43	9	prices	price	NOUN
ajfa-5200	43	10	are	be	AUX
ajfa-5200	43	11	falling	fall	VERB
ajfa-5200	43	12	.	.	PUNCT
ajfa-5200	44	1	from	from	ADP
ajfa-5200	44	2	this	this	DET
ajfa-5200	44	3	logic	logic	NOUN
ajfa-5200	44	4	,	,	PUNCT
ajfa-5200	44	5	some	some	DET
ajfa-5200	44	6	post	post	ADJ
ajfa-5200	44	7	-	-	ADJ
ajfa-5200	44	8	keynesian	keynesian	ADJ
ajfa-5200	44	9	economists	economist	NOUN
ajfa-5200	44	10	argue	argue	VERB
ajfa-5200	44	11	that	that	SCONJ
ajfa-5200	44	12	changes	change	NOUN
ajfa-5200	44	13	in	in	ADP
ajfa-5200	44	14	stock	stock	NOUN
ajfa-5200	44	15	prices	price	NOUN
ajfa-5200	44	16	actually	actually	ADV
ajfa-5200	44	17	cause	cause	VERB
ajfa-5200	44	18	changes	change	NOUN
ajfa-5200	44	19	in	in	ADP
ajfa-5200	44	20	money	money	NOUN
ajfa-5200	44	21	supply	supply	NOUN
ajfa-5200	44	22	m1	m1	NOUN
ajfa-5200	44	23	and	and	CCONJ
ajfa-5200	44	24	not	not	PART
ajfa-5200	44	25	the	the	DET
ajfa-5200	44	26	other	other	ADJ
ajfa-5200	44	27	way	way	NOUN
ajfa-5200	44	28	around	around	ADV
ajfa-5200	44	29	.	.	PUNCT
ajfa-5200	45	1	additionally	additionally	ADV
ajfa-5200	45	2	,	,	PUNCT
ajfa-5200	45	3	the	the	DET
ajfa-5200	45	4	asymmetries	asymmetry	NOUN
ajfa-5200	45	5	in	in	ADP
ajfa-5200	45	6	financial	financial	ADJ
ajfa-5200	45	7	market	market	NOUN
ajfa-5200	45	8	instruments	instrument	NOUN
ajfa-5200	45	9	are	be	AUX
ajfa-5200	45	10	neither	neither	CCONJ
ajfa-5200	45	11	new	new	ADJ
ajfa-5200	45	12	nor	nor	CCONJ
ajfa-5200	45	13	novel	novel	ADJ
ajfa-5200	45	14	.	.	PUNCT
ajfa-5200	46	1	they	they	PRON
ajfa-5200	46	2	have	have	AUX
ajfa-5200	46	3	been	be	AUX
ajfa-5200	46	4	studied	study	VERB
ajfa-5200	46	5	extensively	extensively	ADV
ajfa-5200	46	6	and	and	CCONJ
ajfa-5200	46	7	documented	document	VERB
ajfa-5200	46	8	in	in	ADP
ajfa-5200	46	9	the	the	DET
ajfa-5200	46	10	literature	literature	NOUN
ajfa-5200	46	11	of	of	ADP
ajfa-5200	46	12	the	the	DET
ajfa-5200	46	13	indirect	indirect	ADJ
ajfa-5200	46	14	financing	financing	NOUN
ajfa-5200	46	15	segment	segment	NOUN
ajfa-5200	46	16	of	of	ADP
ajfa-5200	46	17	the	the	DET
ajfa-5200	46	18	financial	financial	ADJ
ajfa-5200	46	19	industry	industry	NOUN
ajfa-5200	46	20	.	.	PUNCT
ajfa-5200	47	1	arak	arak	PROPN
ajfa-5200	47	2	et	et	PROPN
ajfa-5200	47	3	al	al	PROPN
ajfa-5200	47	4	.	.	PROPN
ajfa-5200	47	5	(	(	PUNCT
ajfa-5200	47	6	1983	1983	NUM
ajfa-5200	47	7	)	)	PUNCT
ajfa-5200	47	8	,	,	PUNCT
ajfa-5200	47	9	goldberger	goldberger	X
ajfa-5200	47	10	(	(	PUNCT
ajfa-5200	47	11	1984	1984	NUM
ajfa-5200	47	12	)	)	PUNCT
ajfa-5200	47	13	,	,	PUNCT
ajfa-5200	47	14	forbes	forbe	NOUN
ajfa-5200	47	15	and	and	CCONJ
ajfa-5200	47	16	mayne	mayne	PROPN
ajfa-5200	47	17	(	(	PUNCT
ajfa-5200	47	18	1989	1989	NUM
ajfa-5200	47	19	)	)	PUNCT
ajfa-5200	47	20	,	,	PUNCT
ajfa-5200	47	21	levine	levine	PROPN
ajfa-5200	47	22	and	and	CCONJ
ajfa-5200	47	23	loeb	loeb	PROPN
ajfa-5200	47	24	(	(	PUNCT
ajfa-5200	47	25	1989	1989	NUM
ajfa-5200	47	26	)	)	PUNCT
ajfa-5200	47	27	,	,	PUNCT
ajfa-5200	47	28	mester	mester	NOUN
ajfa-5200	47	29	and	and	CCONJ
ajfa-5200	47	30	saunders	saunder	NOUN
ajfa-5200	47	31	,	,	PUNCT
ajfa-5200	47	32	(	(	PUNCT
ajfa-5200	47	33	1995	1995	NUM
ajfa-5200	47	34	)	)	PUNCT
ajfa-5200	47	35	,	,	PUNCT
ajfa-5200	47	36	dueker	dueker	NOUN
ajfa-5200	47	37	,	,	PUNCT
ajfa-5200	47	38	(	(	PUNCT
ajfa-5200	47	39	2000	2000	NUM
ajfa-5200	47	40	)	)	PUNCT
ajfa-5200	47	41	,	,	PUNCT
ajfa-5200	47	42	and	and	CCONJ
ajfa-5200	47	43	tkacz	tkacz	NOUN
ajfa-5200	47	44	(	(	PUNCT
ajfa-5200	47	45	2001	2001	NUM
ajfa-5200	47	46	)	)	PUNCT
ajfa-5200	47	47	report	report	NOUN
ajfa-5200	47	48	asymmetries	asymmetry	NOUN
ajfa-5200	47	49	in	in	ADP
ajfa-5200	47	50	the	the	DET
ajfa-5200	47	51	u.s	u.s	PROPN
ajfa-5200	47	52	.	.	PROPN
ajfa-5200	47	53	prime	prime	ADJ
ajfa-5200	47	54	lending	lending	NOUN
ajfa-5200	47	55	rate	rate	NOUN
ajfa-5200	47	56	.	.	PUNCT
ajfa-5200	48	1	thompson	thompson	NOUN
ajfa-5200	48	2	(	(	PUNCT
ajfa-5200	48	3	2006	2006	NUM
ajfa-5200	48	4	)	)	PUNCT
ajfa-5200	48	5	confirms	confirm	VERB
ajfa-5200	48	6	that	that	SCONJ
ajfa-5200	48	7	the	the	DET
ajfa-5200	48	8	asymmetries	asymmetry	NOUN
ajfa-5200	48	9	in	in	ADP
ajfa-5200	48	10	the	the	DET
ajfa-5200	48	11	us	us	PROPN
ajfa-5200	48	12	prime	prime	ADJ
ajfa-5200	48	13	lending	lending	NOUN
ajfa-5200	48	14	-	-	PUNCT
ajfa-5200	48	15	deposit	deposit	NOUN
ajfa-5200	48	16	rate	rate	NOUN
ajfa-5200	48	17	spread	spread	NOUN
ajfa-5200	48	18	.	.	PUNCT
ajfa-5200	49	1	cook	cook	NOUN
ajfa-5200	49	2	and	and	CCONJ
ajfa-5200	49	3	hahn	hahn	PROPN
ajfa-5200	49	4	(	(	PUNCT
ajfa-5200	49	5	1989	1989	NUM
ajfa-5200	49	6	)	)	PUNCT
ajfa-5200	49	7	,	,	PUNCT
ajfa-5200	49	8	moazzami	moazzami	NOUN
ajfa-5200	49	9	(	(	PUNCT
ajfa-5200	49	10	1999	1999	NUM
ajfa-5200	49	11	)	)	PUNCT
ajfa-5200	49	12	,	,	PUNCT
ajfa-5200	49	13	and	and	CCONJ
ajfa-5200	49	14	sarno	sarno	NOUN
ajfa-5200	49	15	and	and	CCONJ
ajfa-5200	49	16	thornton	thornton	PROPN
ajfa-5200	49	17	(	(	PUNCT
ajfa-5200	49	18	2003	2003	NUM
ajfa-5200	49	19	)	)	PUNCT
ajfa-5200	49	20	find	find	VERB
ajfa-5200	49	21	asymmetries	asymmetry	NOUN
ajfa-5200	49	22	in	in	ADP
ajfa-5200	49	23	u.s	u.s	PROPN
ajfa-5200	49	24	.	.	PROPN
ajfa-5200	49	25	treasury	treasury	PROPN
ajfa-5200	49	26	securities	securities	PROPN
ajfa-5200	49	27	.	.	PUNCT
ajfa-5200	50	1	frost	frost	NOUN
ajfa-5200	50	2	and	and	CCONJ
ajfa-5200	50	3	bowden	bowden	PROPN
ajfa-5200	50	4	(	(	PUNCT
ajfa-5200	50	5	1999	1999	NUM
ajfa-5200	50	6	)	)	PUNCT
ajfa-5200	50	7	and	and	CCONJ
ajfa-5200	50	8	scholnick	scholnick	ADJ
ajfa-5200	50	9	(	(	PUNCT
ajfa-5200	50	10	1999	1999	NUM
ajfa-5200	50	11	)	)	PUNCT
ajfa-5200	50	12	report	report	NOUN
ajfa-5200	50	13	asymmetries	asymmetry	NOUN
ajfa-5200	50	14	in	in	ADP
ajfa-5200	50	15	mortgage	mortgage	NOUN
ajfa-5200	50	16	rates	rate	NOUN
ajfa-5200	50	17	in	in	ADP
ajfa-5200	50	18	new	new	PROPN
ajfa-5200	50	19	zealand	zealand	PROPN
ajfa-5200	50	20	,	,	PUNCT
ajfa-5200	50	21	and	and	CCONJ
ajfa-5200	50	22	canada	canada	PROPN
ajfa-5200	50	23	.	.	PUNCT
ajfa-5200	51	1	heffernan	heffernan	PROPN
ajfa-5200	51	2	(	(	PUNCT
ajfa-5200	51	3	1997	1997	NUM
ajfa-5200	51	4	)	)	PUNCT
ajfa-5200	51	5	and	and	CCONJ
ajfa-5200	51	6	hofmann	hofmann	PROPN
ajfa-5200	51	7	and	and	CCONJ
ajfa-5200	51	8	mizen	mizen	PROPN
ajfa-5200	51	9	(	(	PUNCT
ajfa-5200	51	10	2004	2004	NUM
ajfa-5200	51	11	)	)	PUNCT
ajfa-5200	51	12	indicate	indicate	VERB
ajfa-5200	51	13	asymmetric	asymmetric	ADJ
ajfa-5200	51	14	behavior	behavior	NOUN
ajfa-5200	51	15	of	of	ADP
ajfa-5200	51	16	retail	retail	ADJ
ajfa-5200	51	17	rates	rate	NOUN
ajfa-5200	51	18	in	in	ADP
ajfa-5200	51	19	the	the	DET
ajfa-5200	51	20	united	united	ADJ
ajfa-5200	51	21	kingdom	kingdom	PROPN
ajfa-5200	51	22	.	.	PUNCT
ajfa-5200	52	1	hannan	hannan	PROPN
ajfa-5200	52	2	and	and	CCONJ
ajfa-5200	52	3	berger	berger	PROPN
ajfa-5200	52	4	(	(	PUNCT
ajfa-5200	52	5	1991	1991	NUM
ajfa-5200	52	6	)	)	PUNCT
ajfa-5200	52	7	,	,	PUNCT
ajfa-5200	52	8	and	and	CCONJ
ajfa-5200	52	9	neumark	neumark	PROPN
ajfa-5200	52	10	and	and	CCONJ
ajfa-5200	52	11	sharpe	sharpe	PROPN
ajfa-5200	52	12	(	(	PUNCT
ajfa-5200	52	13	1992	1992	NUM
ajfa-5200	52	14	)	)	PUNCT
ajfa-5200	52	15	,	,	PUNCT
ajfa-5200	52	16	diebold	diebold	VERB
ajfa-5200	52	17	and	and	CCONJ
ajfa-5200	52	18	sharpe	sharpe	PROPN
ajfa-5200	52	19	(	(	PUNCT
ajfa-5200	52	20	1992	1992	NUM
ajfa-5200	52	21	)	)	PUNCT
ajfa-5200	52	22	examine	examine	VERB
ajfa-5200	52	23	various	various	ADJ
ajfa-5200	52	24	deposit	deposit	NOUN
ajfa-5200	52	25	rates	rate	NOUN
ajfa-5200	52	26	.	.	PUNCT
ajfa-5200	53	1	asian	asian	ADJ
ajfa-5200	53	2	journal	journal	PROPN
ajfa-5200	53	3	of	of	ADP
ajfa-5200	53	4	finance	finance	PROPN
ajfa-5200	53	5	&	&	CCONJ
ajfa-5200	53	6	accounting	accounting	PROPN
ajfa-5200	53	7	issn	issn	PROPN
ajfa-5200	53	8	1946	1946	NUM
ajfa-5200	53	9	-	-	PUNCT
ajfa-5200	53	10	052x	052x	PROPN
ajfa-5200	53	11	2014	2014	NUM
ajfa-5200	53	12	,	,	PUNCT
ajfa-5200	53	13	vol	vol	NOUN
ajfa-5200	53	14	.	.	PROPN
ajfa-5200	54	1	6	6	NUM
ajfa-5200	54	2	,	,	PUNCT
ajfa-5200	54	3	no	no	INTJ
ajfa-5200	54	4	.	.	NOUN
ajfa-5200	54	5	1	1	NUM
ajfa-5200	54	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5200	54	7	162	162	NUM
ajfa-5200	54	8	the	the	DET
ajfa-5200	54	9	rationale	rationale	NOUN
ajfa-5200	54	10	for	for	ADP
ajfa-5200	54	11	incorporating	incorporate	VERB
ajfa-5200	54	12	the	the	DET
ajfa-5200	54	13	possible	possible	ADJ
ajfa-5200	54	14	asymmetric	asymmetric	ADJ
ajfa-5200	54	15	adjustment	adjustment	NOUN
ajfa-5200	54	16	process	process	NOUN
ajfa-5200	54	17	of	of	ADP
ajfa-5200	54	18	the	the	DET
ajfa-5200	54	19	stock	stock	NOUN
ajfa-5200	54	20	prices	price	NOUN
ajfa-5200	54	21	to	to	ADP
ajfa-5200	54	22	the	the	DET
ajfa-5200	54	23	long	long	ADV
ajfa-5200	54	24	-	-	PUNCT
ajfa-5200	54	25	run	run	NOUN
ajfa-5200	54	26	equilibrium	equilibrium	NOUN
ajfa-5200	54	27	can	can	AUX
ajfa-5200	54	28	be	be	AUX
ajfa-5200	54	29	attributed	attribute	VERB
ajfa-5200	54	30	to	to	ADP
ajfa-5200	54	31	the	the	DET
ajfa-5200	54	32	seemingly	seemingly	ADV
ajfa-5200	54	33	opposite	opposite	ADJ
ajfa-5200	54	34	effects	effect	NOUN
ajfa-5200	54	35	of	of	ADP
ajfa-5200	54	36	the	the	DET
ajfa-5200	54	37	efficient	efficient	ADJ
ajfa-5200	54	38	market	market	NOUN
ajfa-5200	54	39	hypothesis	hypothesis	NOUN
ajfa-5200	54	40	and	and	CCONJ
ajfa-5200	54	41	the	the	DET
ajfa-5200	54	42	counter	counter	ADJ
ajfa-5200	54	43	-	-	ADJ
ajfa-5200	54	44	cyclical	cyclical	ADJ
ajfa-5200	54	45	monetary	monetary	ADJ
ajfa-5200	54	46	policy	policy	NOUN
ajfa-5200	54	47	over	over	ADP
ajfa-5200	54	48	different	different	ADJ
ajfa-5200	54	49	phases	phase	NOUN
ajfa-5200	54	50	of	of	ADP
ajfa-5200	54	51	business	business	NOUN
ajfa-5200	54	52	cycles	cycle	NOUN
ajfa-5200	54	53	(	(	PUNCT
ajfa-5200	54	54	thompson	thompson	NOUN
ajfa-5200	54	55	,	,	PUNCT
ajfa-5200	54	56	2006	2006	NUM
ajfa-5200	54	57	;	;	PUNCT
ajfa-5200	55	1	nguyen	nguyen	NOUN
ajfa-5200	55	2	et	et	PROPN
ajfa-5200	55	3	al	al	PROPN
ajfa-5200	55	4	.	.	PROPN
ajfa-5200	55	5	,	,	PUNCT
ajfa-5200	55	6	2010	2010	NUM
ajfa-5200	55	7	)	)	PUNCT
ajfa-5200	55	8	.	.	PUNCT
ajfa-5200	56	1	for	for	ADP
ajfa-5200	56	2	instance	instance	NOUN
ajfa-5200	56	3	,	,	PUNCT
ajfa-5200	56	4	during	during	ADP
ajfa-5200	56	5	the	the	DET
ajfa-5200	56	6	contractionary	contractionary	ADJ
ajfa-5200	56	7	phases	phase	NOUN
ajfa-5200	56	8	of	of	ADP
ajfa-5200	56	9	business	business	NOUN
ajfa-5200	56	10	cycles	cycle	NOUN
ajfa-5200	56	11	,	,	PUNCT
ajfa-5200	56	12	the	the	DET
ajfa-5200	56	13	countercyclical	countercyclical	ADJ
ajfa-5200	56	14	monetary	monetary	ADJ
ajfa-5200	56	15	policy	policy	NOUN
ajfa-5200	56	16	would	would	AUX
ajfa-5200	56	17	usually	usually	ADV
ajfa-5200	56	18	increase	increase	VERB
ajfa-5200	56	19	the	the	DET
ajfa-5200	56	20	money	money	NOUN
ajfa-5200	56	21	supply	supply	NOUN
ajfa-5200	56	22	reducing	reduce	VERB
ajfa-5200	56	23	market	market	NOUN
ajfa-5200	56	24	interest	interest	NOUN
ajfa-5200	56	25	rates	rate	NOUN
ajfa-5200	56	26	,	,	PUNCT
ajfa-5200	56	27	while	while	SCONJ
ajfa-5200	56	28	the	the	DET
ajfa-5200	56	29	information	information	NOUN
ajfa-5200	56	30	from	from	ADP
ajfa-5200	56	31	that	that	DET
ajfa-5200	56	32	state	state	NOUN
ajfa-5200	56	33	of	of	ADP
ajfa-5200	56	34	the	the	DET
ajfa-5200	56	35	economy	economy	NOUN
ajfa-5200	56	36	would	would	AUX
ajfa-5200	56	37	precipitate	precipitate	VERB
ajfa-5200	56	38	investors	investor	NOUN
ajfa-5200	56	39	to	to	PART
ajfa-5200	56	40	resist	resist	VERB
ajfa-5200	56	41	adjusting	adjust	VERB
ajfa-5200	56	42	their	their	PRON
ajfa-5200	56	43	required	require	VERB
ajfa-5200	56	44	rate	rate	NOUN
ajfa-5200	56	45	of	of	ADP
ajfa-5200	56	46	return	return	NOUN
ajfa-5200	56	47	on	on	ADP
ajfa-5200	56	48	the	the	DET
ajfa-5200	56	49	stock	stock	NOUN
ajfa-5200	56	50	market	market	NOUN
ajfa-5200	56	51	portfolio	portfolio	NOUN
ajfa-5200	56	52	downward	downward	ADV
ajfa-5200	56	53	because	because	SCONJ
ajfa-5200	56	54	their	their	PRON
ajfa-5200	56	55	perceived	perceive	VERB
ajfa-5200	56	56	market	market	NOUN
ajfa-5200	56	57	portfolio	portfolio	NOUN
ajfa-5200	56	58	risk	risk	NOUN
ajfa-5200	56	59	increases	increase	NOUN
ajfa-5200	56	60	.	.	PUNCT
ajfa-5200	57	1	thus	thus	ADV
ajfa-5200	57	2	,	,	PUNCT
ajfa-5200	57	3	the	the	DET
ajfa-5200	57	4	stock	stock	NOUN
ajfa-5200	57	5	prices	price	NOUN
ajfa-5200	57	6	only	only	ADV
ajfa-5200	57	7	increase	increase	VERB
ajfa-5200	57	8	slowly	slowly	ADV
ajfa-5200	57	9	.	.	PUNCT
ajfa-5200	58	1	by	by	ADP
ajfa-5200	58	2	the	the	DET
ajfa-5200	58	3	same	same	ADJ
ajfa-5200	58	4	logic	logic	NOUN
ajfa-5200	58	5	,	,	PUNCT
ajfa-5200	58	6	it	it	PRON
ajfa-5200	58	7	may	may	AUX
ajfa-5200	58	8	be	be	AUX
ajfa-5200	58	9	argued	argue	VERB
ajfa-5200	58	10	that	that	SCONJ
ajfa-5200	58	11	,	,	PUNCT
ajfa-5200	58	12	during	during	ADP
ajfa-5200	58	13	the	the	DET
ajfa-5200	58	14	expansionary	expansionary	ADJ
ajfa-5200	58	15	phases	phase	NOUN
ajfa-5200	58	16	of	of	ADP
ajfa-5200	58	17	business	business	NOUN
ajfa-5200	58	18	cycles	cycle	NOUN
ajfa-5200	58	19	,	,	PUNCT
ajfa-5200	58	20	investors	investor	NOUN
ajfa-5200	58	21	are	be	AUX
ajfa-5200	58	22	less	less	ADV
ajfa-5200	58	23	likely	likely	ADJ
ajfa-5200	58	24	to	to	PART
ajfa-5200	58	25	resist	resist	VERB
ajfa-5200	58	26	adjusting	adjust	VERB
ajfa-5200	58	27	their	their	PRON
ajfa-5200	58	28	required	require	VERB
ajfa-5200	58	29	rate	rate	NOUN
ajfa-5200	58	30	of	of	ADP
ajfa-5200	58	31	return	return	NOUN
ajfa-5200	58	32	on	on	ADP
ajfa-5200	58	33	the	the	DET
ajfa-5200	58	34	stock	stock	NOUN
ajfa-5200	58	35	market	market	NOUN
ajfa-5200	58	36	portfolio	portfolio	NOUN
ajfa-5200	58	37	downward	downward	ADV
ajfa-5200	58	38	while	while	SCONJ
ajfa-5200	58	39	the	the	DET
ajfa-5200	58	40	central	central	ADJ
ajfa-5200	58	41	bank	bank	NOUN
ajfa-5200	58	42	is	be	AUX
ajfa-5200	58	43	expected	expect	VERB
ajfa-5200	58	44	to	to	PART
ajfa-5200	58	45	reduce	reduce	VERB
ajfa-5200	58	46	the	the	DET
ajfa-5200	58	47	growth	growth	NOUN
ajfa-5200	58	48	in	in	ADP
ajfa-5200	58	49	the	the	DET
ajfa-5200	58	50	money	money	NOUN
ajfa-5200	58	51	supply	supply	NOUN
ajfa-5200	58	52	,	,	PUNCT
ajfa-5200	58	53	raising	raise	VERB
ajfa-5200	58	54	market	market	NOUN
ajfa-5200	58	55	interest	interest	NOUN
ajfa-5200	58	56	rates	rate	NOUN
ajfa-5200	58	57	.	.	PUNCT
ajfa-5200	59	1	it	it	PRON
ajfa-5200	59	2	is	be	AUX
ajfa-5200	59	3	expected	expect	VERB
ajfa-5200	59	4	that	that	SCONJ
ajfa-5200	59	5	stock	stock	NOUN
ajfa-5200	59	6	prices	price	NOUN
ajfa-5200	59	7	would	would	AUX
ajfa-5200	59	8	adjust	adjust	VERB
ajfa-5200	59	9	downward	downward	ADV
ajfa-5200	59	10	faster	fast	ADV
ajfa-5200	59	11	when	when	SCONJ
ajfa-5200	59	12	the	the	DET
ajfa-5200	59	13	cycles	cycle	NOUN
ajfa-5200	59	14	are	be	AUX
ajfa-5200	59	15	closer	close	ADJ
ajfa-5200	59	16	to	to	ADP
ajfa-5200	59	17	their	their	PRON
ajfa-5200	59	18	peaks	peak	NOUN
ajfa-5200	59	19	.	.	PUNCT
ajfa-5200	60	1	the	the	DET
ajfa-5200	60	2	existence	existence	NOUN
ajfa-5200	60	3	of	of	ADP
ajfa-5200	60	4	the	the	DET
ajfa-5200	60	5	asymmetric	asymmetric	ADJ
ajfa-5200	60	6	response	response	NOUN
ajfa-5200	60	7	of	of	ADP
ajfa-5200	60	8	the	the	DET
ajfa-5200	60	9	stock	stock	NOUN
ajfa-5200	60	10	prices	price	NOUN
ajfa-5200	60	11	to	to	ADP
ajfa-5200	60	12	the	the	DET
ajfa-5200	60	13	changes	change	NOUN
ajfa-5200	60	14	in	in	ADP
ajfa-5200	60	15	the	the	DET
ajfa-5200	60	16	money	money	NOUN
ajfa-5200	60	17	supply	supply	NOUN
ajfa-5200	60	18	will	will	AUX
ajfa-5200	60	19	affect	affect	VERB
ajfa-5200	60	20	firms	firm	NOUN
ajfa-5200	60	21	relying	rely	VERB
ajfa-5200	60	22	on	on	ADP
ajfa-5200	60	23	equity	equity	NOUN
ajfa-5200	60	24	market	market	NOUN
ajfa-5200	60	25	for	for	ADP
ajfa-5200	60	26	funds	fund	NOUN
ajfa-5200	60	27	differently	differently	ADV
ajfa-5200	60	28	than	than	ADP
ajfa-5200	60	29	those	those	PRON
ajfa-5200	60	30	using	use	VERB
ajfa-5200	60	31	loans	loan	NOUN
ajfa-5200	60	32	for	for	ADP
ajfa-5200	60	33	their	their	PRON
ajfa-5200	60	34	financial	financial	ADJ
ajfa-5200	60	35	resources	resource	NOUN
ajfa-5200	60	36	.	.	PUNCT
ajfa-5200	61	1	thus	thus	ADV
ajfa-5200	61	2	,	,	PUNCT
ajfa-5200	61	3	policymakers	policymaker	NOUN
ajfa-5200	61	4	should	should	AUX
ajfa-5200	61	5	be	be	AUX
ajfa-5200	61	6	aware	aware	ADJ
ajfa-5200	61	7	that	that	SCONJ
ajfa-5200	61	8	counter	counter	ADJ
ajfa-5200	61	9	-	-	ADJ
ajfa-5200	61	10	cyclical	cyclical	ADJ
ajfa-5200	61	11	monetary	monetary	ADJ
ajfa-5200	61	12	policy	policy	NOUN
ajfa-5200	61	13	may	may	AUX
ajfa-5200	61	14	have	have	VERB
ajfa-5200	61	15	different	different	ADJ
ajfa-5200	61	16	effects	effect	NOUN
ajfa-5200	61	17	due	due	ADJ
ajfa-5200	61	18	to	to	ADP
ajfa-5200	61	19	stock	stock	NOUN
ajfa-5200	61	20	price	price	NOUN
ajfa-5200	61	21	asymmetries	asymmetry	NOUN
ajfa-5200	61	22	in	in	ADP
ajfa-5200	61	23	their	their	PRON
ajfa-5200	61	24	formulation	formulation	NOUN
ajfa-5200	61	25	of	of	ADP
ajfa-5200	61	26	monetary	monetary	ADJ
ajfa-5200	61	27	policy	policy	NOUN
ajfa-5200	61	28	.	.	PUNCT
ajfa-5200	62	1	additionally	additionally	ADV
ajfa-5200	62	2	,	,	PUNCT
ajfa-5200	62	3	keeping	keep	VERB
ajfa-5200	62	4	pace	pace	NOUN
ajfa-5200	62	5	with	with	ADP
ajfa-5200	62	6	the	the	DET
ajfa-5200	62	7	age	age	NOUN
ajfa-5200	62	8	of	of	ADP
ajfa-5200	62	9	globalization	globalization	NOUN
ajfa-5200	62	10	,	,	PUNCT
ajfa-5200	62	11	the	the	DET
ajfa-5200	62	12	equity	equity	NOUN
ajfa-5200	62	13	market	market	NOUN
ajfa-5200	62	14	has	have	AUX
ajfa-5200	62	15	been	be	AUX
ajfa-5200	62	16	increasingly	increasingly	ADV
ajfa-5200	62	17	internationalized	internationalize	VERB
ajfa-5200	62	18	.	.	PUNCT
ajfa-5200	63	1	thus	thus	ADV
ajfa-5200	63	2	,	,	PUNCT
ajfa-5200	63	3	modeling	model	VERB
ajfa-5200	63	4	the	the	DET
ajfa-5200	63	5	asymmetry	asymmetry	NOUN
ajfa-5200	63	6	in	in	ADP
ajfa-5200	63	7	the	the	DET
ajfa-5200	63	8	stock	stock	NOUN
ajfa-5200	63	9	prices	price	NOUN
ajfa-5200	63	10	may	may	AUX
ajfa-5200	63	11	provide	provide	VERB
ajfa-5200	63	12	a	a	DET
ajfa-5200	63	13	better	well	ADJ
ajfa-5200	63	14	understanding	understanding	NOUN
ajfa-5200	63	15	of	of	ADP
ajfa-5200	63	16	the	the	DET
ajfa-5200	63	17	countercyclical	countercyclical	ADJ
ajfa-5200	63	18	monetary	monetary	ADJ
ajfa-5200	63	19	policy	policy	NOUN
ajfa-5200	63	20	and	and	CCONJ
ajfa-5200	63	21	the	the	DET
ajfa-5200	63	22	equity	equity	NOUN
ajfa-5200	63	23	market	market	NOUN
ajfa-5200	63	24	worldwide	worldwide	ADV
ajfa-5200	63	25	.	.	PUNCT
ajfa-5200	64	1	the	the	DET
ajfa-5200	64	2	above	above	ADJ
ajfa-5200	64	3	discussions	discussion	NOUN
ajfa-5200	64	4	imply	imply	VERB
ajfa-5200	64	5	the	the	DET
ajfa-5200	64	6	hypothesis	hypothesis	NOUN
ajfa-5200	64	7	of	of	ADP
ajfa-5200	64	8	an	an	DET
ajfa-5200	64	9	asymmetric	asymmetric	ADJ
ajfa-5200	64	10	co	co	ADJ
ajfa-5200	64	11	-	-	ADJ
ajfa-5200	64	12	integrating	integrating	ADJ
ajfa-5200	64	13	relationship	relationship	NOUN
ajfa-5200	64	14	and	and	CCONJ
ajfa-5200	64	15	granger	granger	PROPN
ajfa-5200	64	16	causality	causality	NOUN
ajfa-5200	64	17	between	between	ADP
ajfa-5200	64	18	stock	stock	NOUN
ajfa-5200	64	19	prices	price	NOUN
ajfa-5200	64	20	and	and	CCONJ
ajfa-5200	64	21	the	the	DET
ajfa-5200	64	22	money	money	NOUN
ajfa-5200	64	23	supply	supply	NOUN
ajfa-5200	64	24	.	.	PUNCT
ajfa-5200	65	1	to	to	PART
ajfa-5200	65	2	formally	formally	ADV
ajfa-5200	65	3	investigate	investigate	VERB
ajfa-5200	65	4	these	these	DET
ajfa-5200	65	5	possibilities	possibility	NOUN
ajfa-5200	65	6	,	,	PUNCT
ajfa-5200	65	7	this	this	DET
ajfa-5200	65	8	study	study	NOUN
ajfa-5200	65	9	utilizes	utilize	VERB
ajfa-5200	65	10	enders	ender	NOUN
ajfa-5200	65	11	and	and	CCONJ
ajfa-5200	65	12	siklos	siklo	NOUN
ajfa-5200	65	13	’	'	PUNCT
ajfa-5200	65	14	(	(	PUNCT
ajfa-5200	65	15	2001	2001	NUM
ajfa-5200	65	16	)	)	PUNCT
ajfa-5200	65	17	procedure	procedure	NOUN
ajfa-5200	65	18	to	to	PART
ajfa-5200	65	19	test	test	VERB
ajfa-5200	65	20	for	for	ADP
ajfa-5200	65	21	an	an	DET
ajfa-5200	65	22	asymmetric	asymmetric	ADJ
ajfa-5200	65	23	co	co	ADJ
ajfa-5200	65	24	-	-	ADJ
ajfa-5200	65	25	integrating	integrating	ADJ
ajfa-5200	65	26	relationship	relationship	NOUN
ajfa-5200	65	27	and	and	CCONJ
ajfa-5200	65	28	granger	granger	PROPN
ajfa-5200	65	29	causality	causality	NOUN
ajfa-5200	65	30	between	between	ADP
ajfa-5200	65	31	vietnamese	vietnamese	ADJ
ajfa-5200	65	32	stock	stock	NOUN
ajfa-5200	65	33	prices	price	NOUN
ajfa-5200	65	34	and	and	CCONJ
ajfa-5200	65	35	the	the	DET
ajfa-5200	65	36	monthly	monthly	ADJ
ajfa-5200	65	37	money	money	NOUN
ajfa-5200	65	38	supply	supply	NOUN
ajfa-5200	65	39	m1	m1	NOUN
ajfa-5200	65	40	.	.	PUNCT
ajfa-5200	66	1	the	the	DET
ajfa-5200	66	2	remainder	remainder	NOUN
ajfa-5200	66	3	of	of	ADP
ajfa-5200	66	4	this	this	DET
ajfa-5200	66	5	paper	paper	NOUN
ajfa-5200	66	6	is	be	AUX
ajfa-5200	66	7	organized	organize	VERB
ajfa-5200	66	8	as	as	SCONJ
ajfa-5200	66	9	follows	follow	VERB
ajfa-5200	66	10	:	:	PUNCT
ajfa-5200	66	11	the	the	DET
ajfa-5200	66	12	next	next	ADJ
ajfa-5200	66	13	section	section	NOUN
ajfa-5200	66	14	briefly	briefly	ADV
ajfa-5200	66	15	discusses	discuss	VERB
ajfa-5200	66	16	the	the	DET
ajfa-5200	66	17	vietnamese	vietnamese	ADJ
ajfa-5200	66	18	equity	equity	NOUN
ajfa-5200	66	19	market	market	NOUN
ajfa-5200	66	20	and	and	CCONJ
ajfa-5200	66	21	banking	banking	NOUN
ajfa-5200	66	22	industry	industry	NOUN
ajfa-5200	66	23	;	;	PUNCT
ajfa-5200	66	24	the	the	DET
ajfa-5200	66	25	section	section	NOUN
ajfa-5200	66	26	that	that	PRON
ajfa-5200	66	27	follows	follow	VERB
ajfa-5200	66	28	describes	describe	VERB
ajfa-5200	66	29	the	the	DET
ajfa-5200	66	30	data	datum	NOUN
ajfa-5200	66	31	for	for	ADP
ajfa-5200	66	32	this	this	DET
ajfa-5200	66	33	study	study	NOUN
ajfa-5200	66	34	and	and	CCONJ
ajfa-5200	66	35	some	some	DET
ajfa-5200	66	36	descriptive	descriptive	ADJ
ajfa-5200	66	37	statistics	statistic	NOUN
ajfa-5200	66	38	;	;	PUNCT
ajfa-5200	66	39	the	the	DET
ajfa-5200	66	40	following	follow	VERB
ajfa-5200	66	41	sect1on	sect1on	PROPN
ajfa-5200	66	42	briefly	briefly	NOUN
ajfa-5200	66	43	describes	describe	VERB
ajfa-5200	66	44	the	the	DET
ajfa-5200	66	45	methodology	methodology	NOUN
ajfa-5200	66	46	used	use	VERB
ajfa-5200	66	47	in	in	ADP
ajfa-5200	66	48	the	the	DET
ajfa-5200	66	49	investigation	investigation	NOUN
ajfa-5200	66	50	;	;	PUNCT
ajfa-5200	66	51	the	the	DET
ajfa-5200	66	52	next	next	ADJ
ajfa-5200	66	53	section	section	NOUN
ajfa-5200	66	54	reports	report	VERB
ajfa-5200	66	55	the	the	DET
ajfa-5200	66	56	empirical	empirical	ADJ
ajfa-5200	66	57	test	test	NOUN
ajfa-5200	66	58	results	result	NOUN
ajfa-5200	66	59	;	;	PUNCT
ajfa-5200	66	60	and	and	CCONJ
ajfa-5200	66	61	the	the	DET
ajfa-5200	66	62	final	final	ADJ
ajfa-5200	66	63	section	section	NOUN
ajfa-5200	66	64	provides	provide	VERB
ajfa-5200	66	65	some	some	DET
ajfa-5200	66	66	concluding	concluding	NOUN
ajfa-5200	66	67	remarks	remark	NOUN
ajfa-5200	66	68	.	.	PUNCT
ajfa-5200	67	1	2	2	X
ajfa-5200	67	2	.	.	X
ajfa-5200	67	3	vietnamese	vietnamese	ADJ
ajfa-5200	67	4	equity	equity	NOUN
ajfa-5200	67	5	market	market	NOUN
ajfa-5200	67	6	and	and	CCONJ
ajfa-5200	67	7	banking	banking	NOUN
ajfa-5200	67	8	sector	sector	NOUN
ajfa-5200	67	9	vietnam	vietnam	PROPN
ajfa-5200	67	10	's	's	PART
ajfa-5200	67	11	first	first	ADJ
ajfa-5200	67	12	stock	stock	NOUN
ajfa-5200	67	13	exchange	exchange	NOUN
ajfa-5200	67	14	,	,	PUNCT
ajfa-5200	67	15	known	know	VERB
ajfa-5200	67	16	as	as	ADP
ajfa-5200	67	17	the	the	DET
ajfa-5200	67	18	ho	ho	PROPN
ajfa-5200	67	19	chi	chi	PROPN
ajfa-5200	67	20	minh	minh	PROPN
ajfa-5200	67	21	city	city	PROPN
ajfa-5200	67	22	securities	securities	PROPN
ajfa-5200	67	23	trading	trading	NOUN
ajfa-5200	67	24	center	center	NOUN
ajfa-5200	67	25	,	,	PUNCT
ajfa-5200	67	26	was	be	AUX
ajfa-5200	67	27	established	establish	VERB
ajfa-5200	67	28	in	in	ADP
ajfa-5200	67	29	july	july	PROPN
ajfa-5200	67	30	2000	2000	NUM
ajfa-5200	67	31	.	.	PUNCT
ajfa-5200	68	1	by	by	ADP
ajfa-5200	68	2	the	the	DET
ajfa-5200	68	3	spring	spring	NOUN
ajfa-5200	68	4	of	of	ADP
ajfa-5200	68	5	2005	2005	NUM
ajfa-5200	68	6	,	,	PUNCT
ajfa-5200	68	7	the	the	DET
ajfa-5200	68	8	number	number	NOUN
ajfa-5200	68	9	of	of	ADP
ajfa-5200	68	10	companies	company	NOUN
ajfa-5200	68	11	listed	list	VERB
ajfa-5200	68	12	on	on	ADP
ajfa-5200	68	13	the	the	DET
ajfa-5200	68	14	exchange	exchange	NOUN
ajfa-5200	68	15	had	have	AUX
ajfa-5200	68	16	reached	reach	VERB
ajfa-5200	68	17	28	28	NUM
ajfa-5200	68	18	,	,	PUNCT
ajfa-5200	68	19	representing	represent	VERB
ajfa-5200	68	20	a	a	DET
ajfa-5200	68	21	total	total	ADJ
ajfa-5200	68	22	market	market	NOUN
ajfa-5200	68	23	capitalization	capitalization	NOUN
ajfa-5200	68	24	of	of	ADP
ajfa-5200	68	25	only	only	ADJ
ajfa-5200	68	26	u.s	u.s	PROPN
ajfa-5200	68	27	.	.	PROPN
ajfa-5200	68	28	$	$	SYM
ajfa-5200	68	29	270	270	NUM
ajfa-5200	68	30	million	million	NUM
ajfa-5200	68	31	.	.	PUNCT
ajfa-5200	69	1	in	in	ADP
ajfa-5200	69	2	march	march	PROPN
ajfa-5200	69	3	2005	2005	NUM
ajfa-5200	69	4	,	,	PUNCT
ajfa-5200	69	5	vietnam	vietnam	PROPN
ajfa-5200	69	6	opened	open	VERB
ajfa-5200	69	7	an	an	DET
ajfa-5200	69	8	over	over	ADP
ajfa-5200	69	9	-	-	PUNCT
ajfa-5200	69	10	the	the	DET
ajfa-5200	69	11	-	-	PUNCT
ajfa-5200	69	12	counter	counter	NOUN
ajfa-5200	69	13	exchange	exchange	NOUN
ajfa-5200	69	14	known	know	VERB
ajfa-5200	69	15	as	as	ADP
ajfa-5200	69	16	the	the	DET
ajfa-5200	69	17	hanoi	hanoi	PROPN
ajfa-5200	69	18	securities	securities	PROPN
ajfa-5200	69	19	trading	trading	NOUN
ajfa-5200	69	20	center	center	NOUN
ajfa-5200	69	21	.	.	PUNCT
ajfa-5200	70	1	the	the	DET
ajfa-5200	70	2	purpose	purpose	NOUN
ajfa-5200	70	3	of	of	ADP
ajfa-5200	70	4	the	the	DET
ajfa-5200	70	5	second	second	ADJ
ajfa-5200	70	6	exchange	exchange	NOUN
ajfa-5200	70	7	was	be	AUX
ajfa-5200	70	8	to	to	PART
ajfa-5200	70	9	expedite	expedite	VERB
ajfa-5200	70	10	the	the	DET
ajfa-5200	70	11	process	process	NOUN
ajfa-5200	70	12	of	of	ADP
ajfa-5200	70	13	equitization	equitization	NOUN
ajfa-5200	70	14	(	(	PUNCT
ajfa-5200	70	15	partial	partial	ADJ
ajfa-5200	70	16	privatization	privatization	NOUN
ajfa-5200	70	17	)	)	PUNCT
ajfa-5200	70	18	of	of	ADP
ajfa-5200	70	19	state	state	NOUN
ajfa-5200	70	20	-	-	PUNCT
ajfa-5200	70	21	owned	own	VERB
ajfa-5200	70	22	enterprises	enterprise	NOUN
ajfa-5200	70	23	.	.	PUNCT
ajfa-5200	71	1	although	although	SCONJ
ajfa-5200	71	2	these	these	DET
ajfa-5200	71	3	exchanges	exchange	NOUN
ajfa-5200	71	4	are	be	AUX
ajfa-5200	71	5	still	still	ADV
ajfa-5200	71	6	very	very	ADV
ajfa-5200	71	7	small	small	ADJ
ajfa-5200	71	8	,	,	PUNCT
ajfa-5200	71	9	officials	official	NOUN
ajfa-5200	71	10	set	set	VERB
ajfa-5200	71	11	the	the	DET
ajfa-5200	71	12	goal	goal	NOUN
ajfa-5200	71	13	of	of	ADP
ajfa-5200	71	14	expanding	expand	VERB
ajfa-5200	71	15	their	their	PRON
ajfa-5200	71	16	combined	combined	ADJ
ajfa-5200	71	17	market	market	NOUN
ajfa-5200	71	18	capitalization	capitalization	NOUN
ajfa-5200	71	19	to	to	ADP
ajfa-5200	71	20	10	10	NUM
ajfa-5200	71	21	percent	percent	NOUN
ajfa-5200	71	22	of	of	ADP
ajfa-5200	71	23	gross	gross	ADJ
ajfa-5200	71	24	domestic	domestic	ADJ
ajfa-5200	71	25	product	product	NOUN
ajfa-5200	71	26	by	by	ADP
ajfa-5200	71	27	2010	2010	NUM
ajfa-5200	71	28	and	and	CCONJ
ajfa-5200	71	29	gradually	gradually	ADV
ajfa-5200	71	30	phasing	phase	VERB
ajfa-5200	71	31	out	out	ADP
ajfa-5200	71	32	asian	asian	ADJ
ajfa-5200	71	33	journal	journal	NOUN
ajfa-5200	71	34	of	of	ADP
ajfa-5200	71	35	finance	finance	PROPN
ajfa-5200	71	36	&	&	CCONJ
ajfa-5200	71	37	accounting	accounting	PROPN
ajfa-5200	71	38	issn	issn	PROPN
ajfa-5200	71	39	1946	1946	NUM
ajfa-5200	71	40	-	-	PUNCT
ajfa-5200	71	41	052x	052x	PROPN
ajfa-5200	71	42	2014	2014	NUM
ajfa-5200	71	43	,	,	PUNCT
ajfa-5200	71	44	vol	vol	NOUN
ajfa-5200	71	45	.	.	PROPN
ajfa-5200	71	46	6	6	NUM
ajfa-5200	71	47	,	,	PUNCT
ajfa-5200	71	48	no	no	INTJ
ajfa-5200	71	49	.	.	NOUN
ajfa-5200	71	50	1	1	NUM
ajfa-5200	71	51	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5200	71	52	163	163	NUM
ajfa-5200	71	53	restrictions	restriction	NOUN
ajfa-5200	71	54	on	on	ADP
ajfa-5200	71	55	foreign	foreign	ADJ
ajfa-5200	71	56	ownership	ownership	NOUN
ajfa-5200	71	57	o	o	NOUN
ajfa-5200	72	1	f	f	X
ajfa-5200	72	2	s	s	PROPN
ajfa-5200	72	3	h	h	NOUN
ajfa-5200	72	4	a	a	DET
ajfa-5200	72	5	r	r	NOUN
ajfa-5200	72	6	e	e	NOUN
ajfa-5200	72	7	.	.	PUNCT
ajfa-5200	73	1	in	in	ADP
ajfa-5200	73	2	september	september	PROPN
ajfa-5200	73	3	2005	2005	NUM
ajfa-5200	73	4	,	,	PUNCT
ajfa-5200	73	5	vietnam	vietnam	PROPN
ajfa-5200	73	6	's	's	PART
ajfa-5200	73	7	prime	prime	ADJ
ajfa-5200	73	8	minister	minister	NOUN
ajfa-5200	73	9	announced	announce	VERB
ajfa-5200	73	10	that	that	SCONJ
ajfa-5200	73	11	the	the	DET
ajfa-5200	73	12	limit	limit	NOUN
ajfa-5200	73	13	on	on	ADP
ajfa-5200	73	14	foreign	foreign	ADJ
ajfa-5200	73	15	share	share	NOUN
ajfa-5200	73	16	ownership	ownership	NOUN
ajfa-5200	73	17	would	would	AUX
ajfa-5200	73	18	rise	rise	VERB
ajfa-5200	73	19	from	from	ADP
ajfa-5200	73	20	30	30	NUM
ajfa-5200	73	21	percent	percent	NOUN
ajfa-5200	73	22	to	to	ADP
ajfa-5200	73	23	49	49	NUM
ajfa-5200	73	24	percent	percent	NOUN
ajfa-5200	73	25	.	.	PUNCT
ajfa-5200	74	1	actually	actually	ADV
ajfa-5200	74	2	,	,	PUNCT
ajfa-5200	74	3	as	as	SCONJ
ajfa-5200	74	4	indicated	indicate	VERB
ajfa-5200	74	5	by	by	ADP
ajfa-5200	74	6	table	table	NOUN
ajfa-5200	74	7	1	1	NUM
ajfa-5200	74	8	,	,	PUNCT
ajfa-5200	74	9	at	at	ADP
ajfa-5200	74	10	the	the	DET
ajfa-5200	74	11	end	end	NOUN
ajfa-5200	74	12	of	of	ADP
ajfa-5200	74	13	2012	2012	NUM
ajfa-5200	74	14	,	,	PUNCT
ajfa-5200	74	15	the	the	DET
ajfa-5200	74	16	number	number	NOUN
ajfa-5200	74	17	of	of	ADP
ajfa-5200	74	18	companies	company	NOUN
ajfa-5200	74	19	listed	list	VERB
ajfa-5200	74	20	is	be	AUX
ajfa-5200	74	21	183	183	NUM
ajfa-5200	74	22	and	and	CCONJ
ajfa-5200	74	23	the	the	DET
ajfa-5200	74	24	total	total	ADJ
ajfa-5200	74	25	market	market	NOUN
ajfa-5200	74	26	capitalization	capitalization	NOUN
ajfa-5200	74	27	accounts	account	VERB
ajfa-5200	74	28	for	for	ADP
ajfa-5200	74	29	only	only	ADV
ajfa-5200	74	30	23.2	23.2	NUM
ajfa-5200	74	31	percent	percent	NOUN
ajfa-5200	74	32	of	of	ADP
ajfa-5200	74	33	gross	gross	ADJ
ajfa-5200	74	34	domestic	domestic	ADJ
ajfa-5200	74	35	product	product	NOUN
ajfa-5200	74	36	.	.	PUNCT
ajfa-5200	75	1	the	the	DET
ajfa-5200	75	2	vietnam	vietnam	PROPN
ajfa-5200	75	3	stock	stock	NOUN
ajfa-5200	75	4	index	index	NOUN
ajfa-5200	75	5	or	or	CCONJ
ajfa-5200	75	6	vn	vn	NOUN
ajfa-5200	75	7	-	-	PUNCT
ajfa-5200	75	8	index	index	NOUN
ajfa-5200	75	9	is	be	AUX
ajfa-5200	75	10	a	a	DET
ajfa-5200	75	11	capitalization	capitalization	NOUN
ajfa-5200	75	12	-	-	PUNCT
ajfa-5200	75	13	weighted	weight	VERB
ajfa-5200	75	14	index	index	NOUN
ajfa-5200	75	15	of	of	ADP
ajfa-5200	75	16	all	all	DET
ajfa-5200	75	17	the	the	DET
ajfa-5200	75	18	companies	company	NOUN
ajfa-5200	75	19	listed	list	VERB
ajfa-5200	75	20	on	on	ADP
ajfa-5200	75	21	the	the	DET
ajfa-5200	75	22	ho	ho	PROPN
ajfa-5200	75	23	chi	chi	PROPN
ajfa-5200	75	24	minh	minh	PROPN
ajfa-5200	75	25	city	city	PROPN
ajfa-5200	75	26	stock	stock	NOUN
ajfa-5200	75	27	exchange	exchange	PROPN
ajfa-5200	75	28	.	.	PUNCT
ajfa-5200	76	1	the	the	DET
ajfa-5200	76	2	index	index	NOUN
ajfa-5200	76	3	was	be	AUX
ajfa-5200	76	4	created	create	VERB
ajfa-5200	76	5	with	with	ADP
ajfa-5200	76	6	a	a	DET
ajfa-5200	76	7	base	base	NOUN
ajfa-5200	76	8	index	index	NOUN
ajfa-5200	76	9	value	value	NOUN
ajfa-5200	76	10	of	of	ADP
ajfa-5200	76	11	100	100	NUM
ajfa-5200	76	12	as	as	ADP
ajfa-5200	76	13	of	of	ADP
ajfa-5200	76	14	july	july	PROPN
ajfa-5200	76	15	28	28	NUM
ajfa-5200	76	16	,	,	PUNCT
ajfa-5200	76	17	2000	2000	NUM
ajfa-5200	76	18	.	.	PUNCT
ajfa-5200	77	1	prior	prior	ADV
ajfa-5200	77	2	to	to	ADP
ajfa-5200	77	3	march	march	PROPN
ajfa-5200	77	4	1	1	NUM
ajfa-5200	77	5	,	,	PUNCT
ajfa-5200	77	6	2002	2002	NUM
ajfa-5200	77	7	,	,	PUNCT
ajfa-5200	77	8	the	the	DET
ajfa-5200	77	9	market	market	NOUN
ajfa-5200	77	10	only	only	ADV
ajfa-5200	77	11	traded	trade	VERB
ajfa-5200	77	12	on	on	ADP
ajfa-5200	77	13	alternate	alternate	ADJ
ajfa-5200	77	14	days	day	NOUN
ajfa-5200	77	15	.	.	PUNCT
ajfa-5200	78	1	table	table	NOUN
ajfa-5200	78	2	1.market	1.market	NUM
ajfa-5200	78	3	capitalization	capitalization	NOUN
ajfa-5200	78	4	of	of	ADP
ajfa-5200	78	5	listed	list	VERB
ajfa-5200	78	6	companies	company	NOUN
ajfa-5200	78	7	as	as	ADP
ajfa-5200	78	8	percentage	percentage	NOUN
ajfa-5200	78	9	of	of	ADP
ajfa-5200	78	10	gross	gross	ADJ
ajfa-5200	78	11	domestic	domestic	ADJ
ajfa-5200	78	12	product	product	NOUN
ajfa-5200	78	13	advanced	advanced	ADJ
ajfa-5200	78	14	markets	market	NOUN
ajfa-5200	78	15	2009	2009	NUM
ajfa-5200	78	16	2010	2010	NUM
ajfa-5200	78	17	2011	2011	NUM
ajfa-5200	78	18	2012	2012	NUM
ajfa-5200	78	19	asian	asian	ADJ
ajfa-5200	78	20	emerging	emerge	VERB
ajfa-5200	78	21	markets	market	NOUN
ajfa-5200	78	22	2009	2009	NUM
ajfa-5200	78	23	2010	2010	NUM
ajfa-5200	78	24	2011	2011	NUM
ajfa-5200	78	25	2012	2012	NUM
ajfa-5200	78	26	australia	australia	PROPN
ajfa-5200	78	27	136.3	136.3	NUM
ajfa-5200	78	28	127.8	127.8	NUM
ajfa-5200	78	29	86.6	86.6	NUM
ajfa-5200	78	30	84.6	84.6	NUM
ajfa-5200	78	31	bangladesh	bangladesh	NOUN
ajfa-5200	78	32	7.9	7.9	NUM
ajfa-5200	78	33	15.6	15.6	NUM
ajfa-5200	78	34	21.0	21.0	NUM
ajfa-5200	78	35	15.1	15.1	NUM
ajfa-5200	78	36	canada	canada	PROPN
ajfa-5200	78	37	125.7	125.7	NUM
ajfa-5200	78	38	137.0	137.0	NUM
ajfa-5200	78	39	107.2	107.2	NUM
ajfa-5200	78	40	110.7	110.7	NUM
ajfa-5200	78	41	people	people	NOUN
ajfa-5200	78	42	’s	’s	PART
ajfa-5200	78	43	rep	rep	PROPN
ajfa-5200	78	44	.	.	PROPN
ajfa-5200	78	45	of	of	ADP
ajfa-5200	78	46	china	china	PROPN
ajfa-5200	78	47	100.3	100.3	NUM
ajfa-5200	78	48	80.1	80.1	NUM
ajfa-5200	78	49	46.3	46.3	NUM
ajfa-5200	78	50	44.2	44.2	NUM
ajfa-5200	78	51	france	france	NOUN
ajfa-5200	78	52	75.3	75.3	NUM
ajfa-5200	78	53	75.6	75.6	NUM
ajfa-5200	78	54	56.4	56.4	NUM
ajfa-5200	78	55	69.8	69.8	NUM
ajfa-5200	78	56	india	india	PROPN
ajfa-5200	78	57	86.4	86.4	NUM
ajfa-5200	78	58	94.4	94.4	NUM
ajfa-5200	78	59	54.2	54.2	NUM
ajfa-5200	78	60	68.6	68.6	NUM
ajfa-5200	78	61	germany	germany	NOUN
ajfa-5200	78	62	39.3	39.3	NUM
ajfa-5200	78	63	43.5	43.5	NUM
ajfa-5200	78	64	32.9	32.9	NUM
ajfa-5200	78	65	43.7	43.7	NUM
ajfa-5200	78	66	malaysia	malaysia	NOUN
ajfa-5200	78	67	126.6	126.6	NUM
ajfa-5200	78	68	166.3	166.3	NUM
ajfa-5200	78	69	137.2	137.2	NUM
ajfa-5200	78	70	156.9	156.9	NUM
ajfa-5200	78	71	japan	japan	PROPN
ajfa-5200	78	72	67.1	67.1	NUM
ajfa-5200	78	73	74.6	74.6	NUM
ajfa-5200	78	74	60.0	60.0	NUM
ajfa-5200	78	75	61.8	61.8	NUM
ajfa-5200	78	76	pakistan	pakistan	PROPN
ajfa-5200	78	77	20.5	20.5	NUM
ajfa-5200	78	78	21.6	21.6	NUM
ajfa-5200	78	79	15.5	15.5	NUM
ajfa-5200	78	80	18.9	18.9	NUM
ajfa-5200	78	81	rep	rep	PROPN
ajfa-5200	78	82	.	.	PROPN
ajfa-5200	78	83	of	of	ADP
ajfa-5200	78	84	korea	korea	PROPN
ajfa-5200	78	85	100.3	100.3	NUM
ajfa-5200	78	86	107.3	107.3	NUM
ajfa-5200	78	87	89.2	89.2	NUM
ajfa-5200	78	88	104.5	104.5	NUM
ajfa-5200	78	89	philippines	philippine	NOUN
ajfa-5200	78	90	47.6	47.6	NUM
ajfa-5200	78	91	78.8	78.8	NUM
ajfa-5200	78	92	73.8	73.8	NUM
ajfa-5200	78	93	105.6	105.6	NUM
ajfa-5200	78	94	new	new	ADJ
ajfa-5200	78	95	zealand	zealand	PROPN
ajfa-5200	78	96	57.6	57.6	NUM
ajfa-5200	78	97	51.4	51.4	NUM
ajfa-5200	78	98	45.1	45.1	NUM
ajfa-5200	78	99	47.7	47.7	NUM
ajfa-5200	78	100	sri	sri	PROPN
ajfa-5200	78	101	lanka	lanka	NOUN
ajfa-5200	78	102	19.3	19.3	NUM
ajfa-5200	78	103	40.2	40.2	NUM
ajfa-5200	78	104	32.8	32.8	NUM
ajfa-5200	78	105	28.7	28.7	NUM
ajfa-5200	78	106	singapore	singapore	PROPN
ajfa-5200	78	107	160.1	160.1	NUM
ajfa-5200	78	108	170.4	170.4	NUM
ajfa-5200	78	109	125.8	125.8	NUM
ajfa-5200	78	110	150.8	150.8	NUM
ajfa-5200	78	111	thailand	thailand	PROPN
ajfa-5200	78	112	52.4	52.4	NUM
ajfa-5200	78	113	87.1	87.1	NUM
ajfa-5200	78	114	77.7	77.7	NUM
ajfa-5200	78	115	104.7	104.7	NUM
ajfa-5200	78	116	united	united	ADJ
ajfa-5200	78	117	states	state	NOUN
ajfa-5200	78	118	108.5	108.5	NUM
ajfa-5200	78	119	118.9	118.9	NUM
ajfa-5200	78	120	104.3	104.3	NUM
ajfa-5200	78	121	119.0	119.0	NUM
ajfa-5200	78	122	vietnam	vietnam	NOUN
ajfa-5200	78	123	21.8	21.8	NUM
ajfa-5200	78	124	19.2	19.2	NUM
ajfa-5200	78	125	14.8	14.8	NUM
ajfa-5200	78	126	23.2	23.2	NUM
ajfa-5200	78	127	average	average	NOUN
ajfa-5200	78	128	96.7	96.7	NUM
ajfa-5200	78	129	100.7	100.7	NUM
ajfa-5200	78	130	78.6	78.6	NUM
ajfa-5200	78	131	77.1	77.1	NUM
ajfa-5200	78	132	average	average	NOUN
ajfa-5200	78	133	53.6	53.6	NUM
ajfa-5200	78	134	67.0	67.0	NUM
ajfa-5200	78	135	52.6	52.6	NUM
ajfa-5200	78	136	62.9	62.9	NUM
ajfa-5200	78	137	source	source	NOUN
ajfa-5200	78	138	:	:	PUNCT
ajfa-5200	78	139	world	world	PROPN
ajfa-5200	78	140	bank	bank	PROPN
ajfa-5200	78	141	,	,	PUNCT
ajfa-5200	78	142	world	world	NOUN
ajfa-5200	78	143	development	development	NOUN
ajfa-5200	78	144	indicators	indicator	NOUN
ajfa-5200	78	145	.	.	PUNCT
ajfa-5200	79	1	market	market	NOUN
ajfa-5200	79	2	capitalization	capitalization	NOUN
ajfa-5200	79	3	is	be	AUX
ajfa-5200	79	4	the	the	DET
ajfa-5200	79	5	share	share	NOUN
ajfa-5200	79	6	price	price	NOUN
ajfa-5200	79	7	times	time	NOUN
ajfa-5200	79	8	the	the	DET
ajfa-5200	79	9	number	number	NOUN
ajfa-5200	79	10	of	of	ADP
ajfa-5200	79	11	shares	share	NOUN
ajfa-5200	79	12	outstanding	outstanding	ADJ
ajfa-5200	79	13	.	.	PUNCT
ajfa-5200	80	1	listed	list	VERB
ajfa-5200	80	2	domestic	domestic	ADJ
ajfa-5200	80	3	companies	company	NOUN
ajfa-5200	80	4	are	be	AUX
ajfa-5200	80	5	domestically	domestically	ADV
ajfa-5200	80	6	incorporated	incorporate	VERB
ajfa-5200	80	7	companies	company	NOUN
ajfa-5200	80	8	listed	list	VERB
ajfa-5200	80	9	on	on	ADP
ajfa-5200	80	10	the	the	DET
ajfa-5200	80	11	country	country	NOUN
ajfa-5200	80	12	’s	’s	PART
ajfa-5200	80	13	stock	stock	NOUN
ajfa-5200	80	14	exchange	exchange	NOUN
ajfa-5200	80	15	at	at	ADP
ajfa-5200	80	16	the	the	DET
ajfa-5200	80	17	end	end	NOUN
ajfa-5200	80	18	of	of	ADP
ajfa-5200	80	19	the	the	DET
ajfa-5200	80	20	year	year	NOUN
ajfa-5200	80	21	(	(	PUNCT
ajfa-5200	80	22	2012	2012	NUM
ajfa-5200	80	23	)	)	PUNCT
ajfa-5200	80	24	.	.	PUNCT
ajfa-5200	81	1	listed	list	VERB
ajfa-5200	81	2	companies	company	NOUN
ajfa-5200	81	3	do	do	AUX
ajfa-5200	81	4	not	not	PART
ajfa-5200	81	5	include	include	VERB
ajfa-5200	81	6	investment	investment	NOUN
ajfa-5200	81	7	companies	company	NOUN
ajfa-5200	81	8	,	,	PUNCT
ajfa-5200	81	9	mutual	mutual	ADJ
ajfa-5200	81	10	funds	fund	NOUN
ajfa-5200	81	11	,	,	PUNCT
ajfa-5200	81	12	or	or	CCONJ
ajfa-5200	81	13	collective	collective	ADJ
ajfa-5200	81	14	investment	investment	NOUN
ajfa-5200	81	15	vehicles	vehicle	NOUN
ajfa-5200	81	16	.	.	PUNCT
ajfa-5200	82	1	additionally	additionally	ADV
ajfa-5200	82	2	,	,	PUNCT
ajfa-5200	82	3	many	many	ADJ
ajfa-5200	82	4	regulations	regulation	NOUN
ajfa-5200	82	5	issued	issue	VERB
ajfa-5200	82	6	in	in	ADP
ajfa-5200	82	7	2006	2006	NUM
ajfa-5200	82	8	and	and	CCONJ
ajfa-5200	82	9	the	the	DET
ajfa-5200	82	10	officially	officially	ADV
ajfa-5200	82	11	accepted	accept	VERB
ajfa-5200	82	12	to	to	PART
ajfa-5200	82	13	be	be	AUX
ajfa-5200	82	14	wto	wto	PROPN
ajfa-5200	82	15	member	member	NOUN
ajfa-5200	82	16	have	have	AUX
ajfa-5200	82	17	changed	change	VERB
ajfa-5200	82	18	the	the	DET
ajfa-5200	82	19	landscape	landscape	NOUN
ajfa-5200	82	20	of	of	ADP
ajfa-5200	82	21	the	the	DET
ajfa-5200	82	22	vietnamese	vietnamese	ADJ
ajfa-5200	82	23	equity	equity	NOUN
ajfa-5200	82	24	market	market	NOUN
ajfa-5200	82	25	significantly	significantly	ADV
ajfa-5200	82	26	.	.	PUNCT
ajfa-5200	83	1	on	on	ADP
ajfa-5200	83	2	may	may	PROPN
ajfa-5200	83	3	03	03	NUM
ajfa-5200	83	4	,	,	PUNCT
ajfa-5200	83	5	2006	2006	NUM
ajfa-5200	83	6	the	the	DET
ajfa-5200	83	7	vietnam	vietnam	PROPN
ajfa-5200	83	8	securities	securities	PROPN
ajfa-5200	83	9	depository	depository	NOUN
ajfa-5200	83	10	officially	officially	ADV
ajfa-5200	83	11	went	go	VERB
ajfa-5200	83	12	into	into	ADP
ajfa-5200	83	13	operation	operation	NOUN
ajfa-5200	83	14	under	under	ADP
ajfa-5200	83	15	decision	decision	NOUN
ajfa-5200	83	16	no	no	INTJ
ajfa-5200	83	17	.	.	PUNCT
ajfa-5200	84	1	189/2005	189/2005	NUM
ajfa-5200	84	2	/	/	SYM
ajfa-5200	84	3	qd	qd	ADP
ajfa-5200	84	4	-	-	PUNCT
ajfa-5200	84	5	ttg	ttg	NOUN
ajfa-5200	84	6	signed	sign	VERB
ajfa-5200	84	7	on	on	ADP
ajfa-5200	84	8	july	july	PROPN
ajfa-5200	84	9	27	27	NUM
ajfa-5200	84	10	,	,	PUNCT
ajfa-5200	84	11	2005	2005	NUM
ajfa-5200	84	12	to	to	PART
ajfa-5200	84	13	increase	increase	VERB
ajfa-5200	84	14	the	the	DET
ajfa-5200	84	15	market	market	NOUN
ajfa-5200	84	16	performance	performance	NOUN
ajfa-5200	84	17	in	in	ADP
ajfa-5200	84	18	general	general	ADJ
ajfa-5200	84	19	,	,	PUNCT
ajfa-5200	84	20	and	and	CCONJ
ajfa-5200	84	21	the	the	DET
ajfa-5200	84	22	clearing	clearing	NOUN
ajfa-5200	84	23	and	and	CCONJ
ajfa-5200	84	24	settlement	settlement	NOUN
ajfa-5200	84	25	system	system	NOUN
ajfa-5200	84	26	in	in	ADP
ajfa-5200	84	27	particular	particular	ADJ
ajfa-5200	84	28	.	.	PUNCT
ajfa-5200	85	1	on	on	ADP
ajfa-5200	85	2	june	june	PROPN
ajfa-5200	85	3	01	01	NUM
ajfa-5200	85	4	,	,	PUNCT
ajfa-5200	85	5	2006	2006	NUM
ajfa-5200	85	6	the	the	DET
ajfa-5200	85	7	hanoi	hanoi	PROPN
ajfa-5200	85	8	securities	securities	PROPN
ajfa-5200	85	9	trading	trading	NOUN
ajfa-5200	85	10	center	center	NOUN
ajfa-5200	85	11	increased	increase	VERB
ajfa-5200	85	12	the	the	DET
ajfa-5200	85	13	number	number	NOUN
ajfa-5200	85	14	of	of	ADP
ajfa-5200	85	15	trading	trading	NOUN
ajfa-5200	85	16	days	day	NOUN
ajfa-5200	85	17	from	from	ADP
ajfa-5200	85	18	3	3	NUM
ajfa-5200	85	19	to	to	PART
ajfa-5200	85	20	5	5	NUM
ajfa-5200	85	21	days	day	NOUN
ajfa-5200	85	22	a	a	DET
ajfa-5200	85	23	week	week	NOUN
ajfa-5200	85	24	,	,	PUNCT
ajfa-5200	85	25	in	in	ADP
ajfa-5200	85	26	order	order	NOUN
ajfa-5200	85	27	to	to	PART
ajfa-5200	85	28	increase	increase	VERB
ajfa-5200	85	29	the	the	DET
ajfa-5200	85	30	market	market	NOUN
ajfa-5200	85	31	liquidity	liquidity	NOUN
ajfa-5200	85	32	.	.	PUNCT
ajfa-5200	86	1	on	on	ADP
ajfa-5200	86	2	june	june	PROPN
ajfa-5200	86	3	14	14	NUM
ajfa-5200	86	4	,	,	PUNCT
ajfa-5200	86	5	2006	2006	NUM
ajfa-5200	86	6	,	,	PUNCT
ajfa-5200	86	7	the	the	DET
ajfa-5200	86	8	ho	ho	PROPN
ajfa-5200	86	9	chi	chi	PROPN
ajfa-5200	86	10	minh	minh	PROPN
ajfa-5200	86	11	city	city	PROPN
ajfa-5200	86	12	securities	securities	PROPN
ajfa-5200	86	13	trading	trading	NOUN
ajfa-5200	86	14	center	center	NOUN
ajfa-5200	86	15	increased	increase	VERB
ajfa-5200	86	16	the	the	DET
ajfa-5200	86	17	number	number	NOUN
ajfa-5200	86	18	of	of	ADP
ajfa-5200	86	19	order	order	NOUN
ajfa-5200	86	20	matching	match	VERB
ajfa-5200	86	21	phases	phase	NOUN
ajfa-5200	86	22	from	from	ADP
ajfa-5200	86	23	2	2	NUM
ajfa-5200	86	24	to	to	ADP
ajfa-5200	86	25	3	3	NUM
ajfa-5200	86	26	phases	phase	NOUN
ajfa-5200	86	27	a	a	DET
ajfa-5200	86	28	day	day	NOUN
ajfa-5200	86	29	(	(	PUNCT
ajfa-5200	86	30	1st	1st	ADJ
ajfa-5200	86	31	phase	phase	NOUN
ajfa-5200	86	32	from	from	ADP
ajfa-5200	86	33	8h40	8h40	NUM
ajfa-5200	86	34	to	to	ADP
ajfa-5200	86	35	9h10	9h10	NUM
ajfa-5200	86	36	,	,	PUNCT
ajfa-5200	86	37	2nd	2nd	ADJ
ajfa-5200	86	38	phase	phase	NOUN
ajfa-5200	86	39	from	from	ADP
ajfa-5200	86	40	9h20	9h20	NUM
ajfa-5200	86	41	to	to	ADP
ajfa-5200	86	42	9h50	9h50	NUM
ajfa-5200	86	43	,	,	PUNCT
ajfa-5200	86	44	3rd	3rd	ADJ
ajfa-5200	86	45	phase	phase	NOUN
ajfa-5200	86	46	from	from	ADP
ajfa-5200	86	47	10h	10h	NUM
ajfa-5200	86	48	to	to	ADP
ajfa-5200	86	49	10h30	10h30	NUM
ajfa-5200	86	50	)	)	PUNCT
ajfa-5200	86	51	in	in	ADP
ajfa-5200	86	52	order	order	NOUN
ajfa-5200	86	53	to	to	PART
ajfa-5200	86	54	meet	meet	VERB
ajfa-5200	86	55	investors	investor	NOUN
ajfa-5200	86	56	’	’	PART
ajfa-5200	86	57	trading	trading	NOUN
ajfa-5200	86	58	demand	demand	NOUN
ajfa-5200	86	59	.	.	PUNCT
ajfa-5200	87	1	finally	finally	ADV
ajfa-5200	87	2	,	,	PUNCT
ajfa-5200	87	3	on	on	ADP
ajfa-5200	87	4	november	november	PROPN
ajfa-5200	87	5	07	07	NUM
ajfa-5200	87	6	,	,	PUNCT
ajfa-5200	87	7	2006	2006	NUM
ajfa-5200	87	8	vietnam	vietnam	PROPN
ajfa-5200	87	9	was	be	AUX
ajfa-5200	87	10	passed	pass	VERB
ajfa-5200	87	11	membership	membership	NOUN
ajfa-5200	87	12	to	to	PART
ajfa-5200	87	13	become	become	VERB
ajfa-5200	87	14	150th	150th	ADJ
ajfa-5200	87	15	member	member	NOUN
ajfa-5200	87	16	of	of	ADP
ajfa-5200	87	17	the	the	DET
ajfa-5200	87	18	world	world	NOUN
ajfa-5200	87	19	trade	trade	NOUN
ajfa-5200	87	20	organization	organization	NOUN
ajfa-5200	87	21	,	,	PUNCT
ajfa-5200	87	22	and	and	CCONJ
ajfa-5200	87	23	would	would	AUX
ajfa-5200	87	24	officially	officially	ADV
ajfa-5200	87	25	join	join	VERB
ajfa-5200	87	26	on	on	ADP
ajfa-5200	87	27	january	january	PROPN
ajfa-5200	87	28	11	11	NUM
ajfa-5200	87	29	,	,	PUNCT
ajfa-5200	87	30	2007	2007	NUM
ajfa-5200	87	31	.	.	PUNCT
ajfa-5200	88	1	that	that	DET
ajfa-5200	88	2	event	event	NOUN
ajfa-5200	88	3	made	make	VERB
ajfa-5200	88	4	new	new	ADJ
ajfa-5200	88	5	opportunities	opportunity	NOUN
ajfa-5200	88	6	and	and	CCONJ
ajfa-5200	88	7	challenges	challenge	NOUN
ajfa-5200	88	8	in	in	ADP
ajfa-5200	88	9	the	the	DET
ajfa-5200	88	10	country	country	NOUN
ajfa-5200	88	11	’s	’s	PART
ajfa-5200	88	12	cultural	cultural	ADJ
ajfa-5200	88	13	and	and	CCONJ
ajfa-5200	88	14	economic	economic	ADJ
ajfa-5200	88	15	integration	integration	NOUN
ajfa-5200	88	16	course	course	NOUN
ajfa-5200	88	17	into	into	ADP
ajfa-5200	88	18	the	the	DET
ajfa-5200	88	19	globe	globe	NOUN
ajfa-5200	88	20	,	,	PUNCT
ajfa-5200	88	21	especially	especially	ADV
ajfa-5200	88	22	with	with	ADP
ajfa-5200	88	23	respect	respect	NOUN
ajfa-5200	88	24	to	to	ADP
ajfa-5200	88	25	the	the	DET
ajfa-5200	88	26	financial	financial	ADJ
ajfa-5200	88	27	aspect	aspect	NOUN
ajfa-5200	88	28	of	of	ADP
ajfa-5200	88	29	the	the	DET
ajfa-5200	88	30	economy	economy	NOUN
ajfa-5200	88	31	.	.	PUNCT
ajfa-5200	89	1	as	as	SCONJ
ajfa-5200	89	2	table	table	NOUN
ajfa-5200	89	3	1	1	NUM
ajfa-5200	89	4	indicates	indicate	VERB
ajfa-5200	89	5	,	,	PUNCT
ajfa-5200	89	6	vietnamese	vietnamese	ADJ
ajfa-5200	89	7	equity	equity	NOUN
ajfa-5200	89	8	market	market	NOUN
ajfa-5200	89	9	is	be	AUX
ajfa-5200	89	10	still	still	ADV
ajfa-5200	89	11	relatively	relatively	ADV
ajfa-5200	89	12	not	not	PART
ajfa-5200	89	13	well	well	ADV
ajfa-5200	89	14	developed	develop	VERB
ajfa-5200	89	15	.	.	PUNCT
ajfa-5200	90	1	asian	asian	ADJ
ajfa-5200	90	2	journal	journal	PROPN
ajfa-5200	90	3	of	of	ADP
ajfa-5200	90	4	finance	finance	PROPN
ajfa-5200	90	5	&	&	CCONJ
ajfa-5200	90	6	accounting	accounting	PROPN
ajfa-5200	90	7	issn	issn	PROPN
ajfa-5200	90	8	1946	1946	NUM
ajfa-5200	90	9	-	-	PUNCT
ajfa-5200	90	10	052x	052x	PROPN
ajfa-5200	90	11	2014	2014	NUM
ajfa-5200	90	12	,	,	PUNCT
ajfa-5200	90	13	vol	vol	NOUN
ajfa-5200	90	14	.	.	PROPN
ajfa-5200	91	1	6	6	NUM
ajfa-5200	91	2	,	,	PUNCT
ajfa-5200	91	3	no	no	INTJ
ajfa-5200	91	4	.	.	NOUN
ajfa-5200	91	5	1	1	NUM
ajfa-5200	91	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-5200	91	7	164	164	NUM
ajfa-5200	91	8	as	as	ADP
ajfa-5200	91	9	to	to	ADP
ajfa-5200	91	10	the	the	DET
ajfa-5200	91	11	banking	banking	NOUN
ajfa-5200	91	12	industry	industry	NOUN
ajfa-5200	91	13	,	,	PUNCT
ajfa-5200	91	14	vietnam	vietnam	PROPN
ajfa-5200	91	15	's	's	PART
ajfa-5200	91	16	banks	bank	NOUN
ajfa-5200	91	17	suffer	suffer	VERB
ajfa-5200	91	18	from	from	ADP
ajfa-5200	91	19	low	low	ADJ
ajfa-5200	91	20	public	public	ADJ
ajfa-5200	91	21	confidence	confidence	NOUN
ajfa-5200	91	22	,	,	PUNCT
ajfa-5200	91	23	regulatory	regulatory	ADJ
ajfa-5200	91	24	and	and	CCONJ
ajfa-5200	91	25	managerial	managerial	ADJ
ajfa-5200	91	26	weakness	weakness	NOUN
ajfa-5200	91	27	,	,	PUNCT
ajfa-5200	91	28	and	and	CCONJ
ajfa-5200	91	29	high	high	ADJ
ajfa-5200	91	30	levels	level	NOUN
ajfa-5200	91	31	of	of	ADP
ajfa-5200	91	32	non	non	ADJ
ajfa-5200	91	33	-	-	ADJ
ajfa-5200	91	34	performing	performing	ADJ
ajfa-5200	91	35	loans	loan	NOUN
ajfa-5200	91	36	(	(	PUNCT
ajfa-5200	91	37	npl	npl	NOUN
ajfa-5200	91	38	)	)	PUNCT
ajfa-5200	91	39	,	,	PUNCT
ajfa-5200	91	40	non	non	ADJ
ajfa-5200	91	41	-	-	NOUN
ajfa-5200	91	42	compliance	compliance	NOUN
ajfa-5200	91	43	with	with	ADP
ajfa-5200	91	44	the	the	DET
ajfa-5200	91	45	basel	basel	PROPN
ajfa-5200	91	46	capital	capital	NOUN
ajfa-5200	91	47	standards	standard	NOUN
ajfa-5200	91	48	and	and	CCONJ
ajfa-5200	91	49	the	the	DET
ajfa-5200	91	50	absence	absence	NOUN
ajfa-5200	91	51	of	of	ADP
ajfa-5200	91	52	international	international	ADJ
ajfa-5200	91	53	auditing	auditing	NOUN
ajfa-5200	91	54	.	.	PUNCT
ajfa-5200	92	1	since	since	SCONJ
ajfa-5200	92	2	1992	1992	NUM
ajfa-5200	92	3	vietnam	vietnam	PROPN
ajfa-5200	92	4	's	's	PART
ajfa-5200	92	5	banking	banking	NOUN
ajfa-5200	92	6	system	system	NOUN
ajfa-5200	92	7	has	have	AUX
ajfa-5200	92	8	consisted	consist	VERB
ajfa-5200	92	9	of	of	ADP
ajfa-5200	92	10	a	a	DET
ajfa-5200	92	11	combination	combination	NOUN
ajfa-5200	92	12	of	of	ADP
ajfa-5200	92	13	state	state	NOUN
ajfa-5200	92	14	-	-	PUNCT
ajfa-5200	92	15	owned	own	VERB
ajfa-5200	92	16	,	,	PUNCT
ajfa-5200	92	17	joint	joint	ADJ
ajfa-5200	92	18	-	-	PUNCT
ajfa-5200	92	19	stock	stock	NOUN
ajfa-5200	92	20	,	,	PUNCT
ajfa-5200	92	21	joint	joint	ADJ
ajfa-5200	92	22	-	-	PUNCT
ajfa-5200	92	23	venture	venture	NOUN
ajfa-5200	92	24	and	and	CCONJ
ajfa-5200	92	25	foreign	foreign	ADJ
ajfa-5200	92	26	banks	bank	NOUN
ajfa-5200	92	27	,	,	PUNCT
ajfa-5200	92	28	but	but	CCONJ
ajfa-5200	92	29	the	the	DET
ajfa-5200	92	30	state	state	NOUN
ajfa-5200	92	31	-	-	PUNCT
ajfa-5200	92	32	owned	own	VERB
ajfa-5200	92	33	commercial	commercial	ADJ
ajfa-5200	92	34	banks	bank	NOUN
ajfa-5200	92	35	predominate	predominate	ADJ
ajfa-5200	92	36	,	,	PUNCT
ajfa-5200	92	37	and	and	CCONJ
ajfa-5200	92	38	they	they	PRON
ajfa-5200	92	39	suffer	suffer	VERB
ajfa-5200	92	40	from	from	ADP
ajfa-5200	92	41	high	high	ADJ
ajfa-5200	92	42	levels	level	NOUN
ajfa-5200	92	43	of	of	ADP
ajfa-5200	92	44	npl	npl	NOUN
ajfa-5200	92	45	,	,	PUNCT
ajfa-5200	92	46	most	most	ADJ
ajfa-5200	92	47	of	of	ADP
ajfa-5200	92	48	them	they	PRON
ajfa-5200	92	49	made	make	VERB
ajfa-5200	92	50	to	to	ADP
ajfa-5200	92	51	state	state	NOUN
ajfa-5200	92	52	-	-	PUNCT
ajfa-5200	92	53	owned	own	VERB
ajfa-5200	92	54	enterprises	enterprise	NOUN
ajfa-5200	92	55	.	.	PUNCT
ajfa-5200	93	1	consequently	consequently	ADV
ajfa-5200	93	2	,	,	PUNCT
ajfa-5200	93	3	in	in	ADP
ajfa-5200	93	4	september	september	PROPN
ajfa-5200	93	5	2005	2005	NUM
ajfa-5200	93	6	vietnam	vietnam	PROPN
ajfa-5200	93	7	decided	decide	VERB
ajfa-5200	93	8	to	to	PART
ajfa-5200	93	9	equitize	equitize	VERB
ajfa-5200	93	10	all	all	DET
ajfa-5200	93	11	five	five	NUM
ajfa-5200	93	12	state	state	NOUN
ajfa-5200	93	13	-	-	PUNCT
ajfa-5200	93	14	owned	own	VERB
ajfa-5200	93	15	banks	bank	NOUN
ajfa-5200	93	16	-	-	PUNCT
ajfa-5200	93	17	a	a	DET
ajfa-5200	93	18	change	change	NOUN
ajfa-5200	93	19	from	from	ADP
ajfa-5200	93	20	previous	previous	ADJ
ajfa-5200	93	21	plans	plan	NOUN
ajfa-5200	93	22	to	to	PART
ajfa-5200	93	23	equitize	equitize	VERB
ajfa-5200	93	24	only	only	ADV
ajfa-5200	93	25	two	two	NUM
ajfa-5200	93	26	of	of	ADP
ajfa-5200	93	27	them	they	PRON
ajfa-5200	93	28	.	.	PUNCT
ajfa-5200	94	1	in	in	ADP
ajfa-5200	94	2	addition	addition	NOUN
ajfa-5200	94	3	,	,	PUNCT
ajfa-5200	94	4	vietnam	vietnam	PROPN
ajfa-5200	94	5	plans	plan	VERB
ajfa-5200	94	6	to	to	PART
ajfa-5200	94	7	boost	boost	VERB
ajfa-5200	94	8	the	the	DET
ajfa-5200	94	9	transparency	transparency	NOUN
ajfa-5200	94	10	of	of	ADP
ajfa-5200	94	11	its	its	PRON
ajfa-5200	94	12	financial	financial	ADJ
ajfa-5200	94	13	system	system	NOUN
ajfa-5200	94	14	by	by	ADP
ajfa-5200	94	15	establishing	establish	VERB
ajfa-5200	94	16	a	a	DET
ajfa-5200	94	17	credit	credit	NOUN
ajfa-5200	94	18	-	-	PUNCT
ajfa-5200	94	19	rating	rate	VERB
ajfa-5200	94	20	agency	agency	NOUN
ajfa-5200	94	21	and	and	CCONJ
ajfa-5200	94	22	performance	performance	NOUN
ajfa-5200	94	23	standards	standard	NOUN
ajfa-5200	94	24	for	for	ADP
ajfa-5200	94	25	joint	joint	ADJ
ajfa-5200	94	26	-	-	PUNCT
ajfa-5200	94	27	stock	stock	NOUN
ajfa-5200	94	28	banks	bank	NOUN
ajfa-5200	94	29	.	.	PUNCT
ajfa-5200	95	1	large	large	ADJ
ajfa-5200	95	2	foreign	foreign	ADJ
ajfa-5200	95	3	banks	bank	NOUN
ajfa-5200	95	4	are	be	AUX
ajfa-5200	95	5	balancing	balance	VERB
ajfa-5200	95	6	their	their	PRON
ajfa-5200	95	7	strong	strong	ADJ
ajfa-5200	95	8	interest	interest	NOUN
ajfa-5200	95	9	in	in	ADP
ajfa-5200	95	10	serving	serve	VERB
ajfa-5200	95	11	multinationals	multinational	NOUN
ajfa-5200	95	12	in	in	ADP
ajfa-5200	95	13	vietnam	vietnam	NOUN
ajfa-5200	95	14	and	and	CCONJ
ajfa-5200	95	15	frustration	frustration	NOUN
ajfa-5200	95	16	with	with	ADP
ajfa-5200	95	17	continuing	continue	VERB
ajfa-5200	95	18	restrictions	restriction	NOUN
ajfa-5200	95	19	on	on	ADP
ajfa-5200	95	20	their	their	PRON
ajfa-5200	95	21	activities	activity	NOUN
ajfa-5200	95	22	.	.	PUNCT
ajfa-5200	96	1	as	as	SCONJ
ajfa-5200	96	2	reported	report	VERB
ajfa-5200	96	3	by	by	ADP
ajfa-5200	96	4	the	the	DET
ajfa-5200	96	5	asian	asian	ADJ
ajfa-5200	96	6	focus	focus	NOUN
ajfa-5200	96	7	(	(	PUNCT
ajfa-5200	96	8	2011	2011	NUM
ajfa-5200	96	9	)	)	PUNCT
ajfa-5200	96	10	,	,	PUNCT
ajfa-5200	96	11	heavy	heavy	ADJ
ajfa-5200	96	12	lending	lending	NOUN
ajfa-5200	96	13	to	to	ADP
ajfa-5200	96	14	state	state	NOUN
ajfa-5200	96	15	-	-	PUNCT
ajfa-5200	96	16	owned	own	VERB
ajfa-5200	96	17	enterprises	enterprise	NOUN
ajfa-5200	96	18	by	by	ADP
ajfa-5200	96	19	state	state	NOUN
ajfa-5200	96	20	-	-	PUNCT
ajfa-5200	96	21	owned	own	VERB
ajfa-5200	96	22	commercial	commercial	ADJ
ajfa-5200	96	23	banks	bank	NOUN
ajfa-5200	96	24	—	—	PUNCT
ajfa-5200	96	25	notably	notably	ADV
ajfa-5200	96	26	prior	prior	ADV
ajfa-5200	96	27	to	to	ADP
ajfa-5200	96	28	the	the	DET
ajfa-5200	96	29	1997	1997	NUM
ajfa-5200	96	30	-	-	SYM
ajfa-5200	96	31	98	98	NUM
ajfa-5200	96	32	asian	asian	ADJ
ajfa-5200	96	33	financial	financial	ADJ
ajfa-5200	96	34	crisis	crisis	NOUN
ajfa-5200	96	35	—	—	PUNCT
ajfa-5200	96	36	has	have	AUX
ajfa-5200	96	37	led	lead	VERB
ajfa-5200	96	38	to	to	ADP
ajfa-5200	96	39	relatively	relatively	ADV
ajfa-5200	96	40	higher	high	ADJ
ajfa-5200	96	41	levels	level	NOUN
ajfa-5200	96	42	of	of	ADP
ajfa-5200	96	43	non	non	ADJ
ajfa-5200	96	44	-	-	ADJ
ajfa-5200	96	45	performing	performing	ADJ
ajfa-5200	96	46	loans	loan	NOUN
ajfa-5200	96	47	than	than	ADP
ajfa-5200	96	48	at	at	ADP
ajfa-5200	96	49	other	other	ADJ
ajfa-5200	96	50	financial	financial	ADJ
ajfa-5200	96	51	institutions	institution	NOUN
ajfa-5200	96	52	.	.	PUNCT
ajfa-5200	97	1	state	state	NOUN
ajfa-5200	97	2	-	-	PUNCT
ajfa-5200	97	3	owned	own	VERB
ajfa-5200	97	4	commercial	commercial	ADJ
ajfa-5200	97	5	banks	bank	NOUN
ajfa-5200	97	6	accounted	account	VERB
ajfa-5200	97	7	for	for	ADP
ajfa-5200	97	8	the	the	DET
ajfa-5200	97	9	largest	large	ADJ
ajfa-5200	97	10	share	share	NOUN
ajfa-5200	97	11	of	of	ADP
ajfa-5200	97	12	lending	lending	NOUN
ajfa-5200	97	13	,	,	PUNCT
ajfa-5200	97	14	with	with	ADP
ajfa-5200	97	15	49.3	49.3	NUM
ajfa-5200	97	16	%	%	NOUN
ajfa-5200	97	17	of	of	ADP
ajfa-5200	97	18	total	total	ADJ
ajfa-5200	97	19	loans	loan	NOUN
ajfa-5200	97	20	as	as	ADP
ajfa-5200	97	21	of	of	ADP
ajfa-5200	97	22	year	year	NOUN
ajfa-5200	97	23	-	-	PUNCT
ajfa-5200	97	24	end	end	NOUN
ajfa-5200	97	25	2010	2010	NUM
ajfa-5200	97	26	,	,	PUNCT
ajfa-5200	97	27	down	down	ADV
ajfa-5200	97	28	from	from	ADP
ajfa-5200	97	29	58.4	58.4	NUM
ajfa-5200	97	30	%	%	NOUN
ajfa-5200	97	31	in	in	ADP
ajfa-5200	97	32	2007	2007	NUM
ajfa-5200	97	33	.	.	PUNCT
ajfa-5200	98	1	although	although	SCONJ
ajfa-5200	98	2	vietnam	vietnam	PROPN
ajfa-5200	98	3	is	be	AUX
ajfa-5200	98	4	a	a	DET
ajfa-5200	98	5	cash	cash	NOUN
ajfa-5200	98	6	-	-	PUNCT
ajfa-5200	98	7	based	base	VERB
ajfa-5200	98	8	society	society	NOUN
ajfa-5200	98	9	,	,	PUNCT
ajfa-5200	98	10	as	as	SCONJ
ajfa-5200	98	11	reported	report	VERB
ajfa-5200	98	12	by	by	ADP
ajfa-5200	98	13	the	the	DET
ajfa-5200	98	14	asia	asia	PROPN
ajfa-5200	98	15	focus	focus	NOUN
ajfa-5200	98	16	(	(	PUNCT
ajfa-5200	98	17	2011	2011	NUM
ajfa-5200	98	18	)	)	PUNCT
ajfa-5200	98	19	rapid	rapid	ADJ
ajfa-5200	98	20	economic	economic	ADJ
ajfa-5200	98	21	growth	growth	NOUN
ajfa-5200	98	22	has	have	AUX
ajfa-5200	98	23	contributed	contribute	VERB
ajfa-5200	98	24	to	to	ADP
ajfa-5200	98	25	rising	rise	VERB
ajfa-5200	98	26	household	household	NOUN
ajfa-5200	98	27	incomes	income	NOUN
ajfa-5200	98	28	and	and	CCONJ
ajfa-5200	98	29	an	an	DET
ajfa-5200	98	30	increasing	increase	VERB
ajfa-5200	98	31	demand	demand	NOUN
ajfa-5200	98	32	for	for	ADP
ajfa-5200	98	33	retail	retail	ADJ
ajfa-5200	98	34	banking	banking	NOUN
ajfa-5200	98	35	services	service	NOUN
ajfa-5200	98	36	.	.	PUNCT
ajfa-5200	99	1	credit	credit	NOUN
ajfa-5200	99	2	and	and	CCONJ
ajfa-5200	99	3	debit	debit	NOUN
ajfa-5200	99	4	card	card	NOUN
ajfa-5200	99	5	use	use	NOUN
ajfa-5200	99	6	has	have	AUX
ajfa-5200	99	7	become	become	VERB
ajfa-5200	99	8	more	more	ADV
ajfa-5200	99	9	common	common	ADJ
ajfa-5200	99	10	,	,	PUNCT
ajfa-5200	99	11	with	with	ADP
ajfa-5200	99	12	the	the	DET
ajfa-5200	99	13	number	number	NOUN
ajfa-5200	99	14	of	of	ADP
ajfa-5200	99	15	cards	card	NOUN
ajfa-5200	99	16	issued	issue	VERB
ajfa-5200	99	17	doubling	double	VERB
ajfa-5200	99	18	between	between	ADP
ajfa-5200	99	19	2008	2008	NUM
ajfa-5200	99	20	and	and	CCONJ
ajfa-5200	99	21	2010	2010	NUM
ajfa-5200	99	22	to	to	ADP
ajfa-5200	99	23	28.5	28.5	NUM
ajfa-5200	99	24	million	million	NUM
ajfa-5200	99	25	.	.	PUNCT
ajfa-5200	100	1	the	the	DET
ajfa-5200	100	2	asia	asia	PROPN
ajfa-5200	100	3	focus	focus	NOUN
ajfa-5200	100	4	further	far	ADV
ajfa-5200	100	5	articulates	articulate	VERB
ajfa-5200	100	6	that	that	SCONJ
ajfa-5200	100	7	the	the	DET
ajfa-5200	100	8	number	number	NOUN
ajfa-5200	100	9	of	of	ADP
ajfa-5200	100	10	automated	automate	VERB
ajfa-5200	100	11	teller	teller	NOUN
ajfa-5200	100	12	machines	machine	NOUN
ajfa-5200	100	13	(	(	PUNCT
ajfa-5200	100	14	atms	atms	NOUN
ajfa-5200	100	15	)	)	PUNCT
ajfa-5200	100	16	in	in	ADP
ajfa-5200	100	17	the	the	DET
ajfa-5200	100	18	country	country	NOUN
ajfa-5200	100	19	has	have	AUX
ajfa-5200	100	20	also	also	ADV
ajfa-5200	100	21	climbed	climb	VERB
ajfa-5200	100	22	dramatically	dramatically	ADV
ajfa-5200	100	23	,	,	PUNCT
ajfa-5200	100	24	rising	rise	VERB
ajfa-5200	100	25	from	from	ADP
ajfa-5200	100	26	1,800	1,800	NUM
ajfa-5200	100	27	in	in	ADP
ajfa-5200	100	28	2005	2005	NUM
ajfa-5200	100	29	to	to	ADP
ajfa-5200	100	30	11,000	11,000	NUM
ajfa-5200	100	31	as	as	ADP
ajfa-5200	100	32	of	of	ADP
ajfa-5200	100	33	december	december	PROPN
ajfa-5200	100	34	2010	2010	NUM
ajfa-5200	100	35	.	.	PUNCT
ajfa-5200	101	1	however	however	ADV
ajfa-5200	101	2	,	,	PUNCT
ajfa-5200	101	3	despite	despite	SCONJ
ajfa-5200	101	4	this	this	DET
ajfa-5200	101	5	growth	growth	NOUN
ajfa-5200	101	6	,	,	PUNCT
ajfa-5200	101	7	banking	banking	NOUN
ajfa-5200	101	8	penetration	penetration	NOUN
ajfa-5200	101	9	rates	rate	NOUN
ajfa-5200	101	10	remain	remain	VERB
ajfa-5200	101	11	relatively	relatively	ADV
ajfa-5200	101	12	low	low	ADJ
ajfa-5200	101	13	.	.	PUNCT
ajfa-5200	102	1	as	as	ADP
ajfa-5200	102	2	of	of	ADP
ajfa-5200	102	3	december	december	PROPN
ajfa-5200	102	4	2009	2009	NUM
ajfa-5200	102	5	,	,	PUNCT
ajfa-5200	102	6	the	the	DET
ajfa-5200	102	7	asia	asia	PROPN
ajfa-5200	102	8	focus	focus	NOUN
ajfa-5200	102	9	estimated	estimate	VERB
ajfa-5200	102	10	that	that	SCONJ
ajfa-5200	102	11	20	20	NUM
ajfa-5200	102	12	%	%	NOUN
ajfa-5200	102	13	of	of	ADP
ajfa-5200	102	14	vietnam	vietnam	PROPN
ajfa-5200	102	15	’s	’s	PART
ajfa-5200	102	16	population	population	NOUN
ajfa-5200	102	17	had	have	VERB
ajfa-5200	102	18	bank	bank	NOUN
ajfa-5200	102	19	accounts	account	NOUN
ajfa-5200	102	20	and	and	CCONJ
ajfa-5200	102	21	around	around	ADP
ajfa-5200	102	22	half	half	NOUN
ajfa-5200	102	23	of	of	ADP
ajfa-5200	102	24	those	those	PRON
ajfa-5200	102	25	with	with	ADP
ajfa-5200	102	26	accounts	account	NOUN
ajfa-5200	102	27	actively	actively	ADV
ajfa-5200	102	28	used	use	VERB
ajfa-5200	102	29	consumer	consumer	NOUN
ajfa-5200	102	30	banking	banking	NOUN
ajfa-5200	102	31	services	service	NOUN
ajfa-5200	102	32	.	.	PUNCT
ajfa-5200	103	1	the	the	DET
ajfa-5200	103	2	asian	asian	ADJ
ajfa-5200	103	3	focus	focus	NOUN
ajfa-5200	103	4	also	also	ADV
ajfa-5200	103	5	posits	posit	VERB
ajfa-5200	103	6	that	that	SCONJ
ajfa-5200	103	7	although	although	SCONJ
ajfa-5200	103	8	these	these	DET
ajfa-5200	103	9	figures	figure	NOUN
ajfa-5200	103	10	have	have	AUX
ajfa-5200	103	11	likely	likely	ADV
ajfa-5200	103	12	risen	rise	VERB
ajfa-5200	103	13	somewhat	somewhat	ADV
ajfa-5200	103	14	during	during	ADP
ajfa-5200	103	15	2010	2010	NUM
ajfa-5200	103	16	given	give	VERB
ajfa-5200	103	17	the	the	DET
ajfa-5200	103	18	rising	rise	VERB
ajfa-5200	103	19	trend	trend	NOUN
ajfa-5200	103	20	in	in	ADP
ajfa-5200	103	21	credit	credit	NOUN
ajfa-5200	103	22	cards	card	NOUN
ajfa-5200	103	23	and	and	CCONJ
ajfa-5200	103	24	atms	atms	PROPN
ajfa-5200	103	25	,	,	PUNCT
ajfa-5200	103	26	the	the	DET
ajfa-5200	103	27	vietnamese	vietnamese	ADJ
ajfa-5200	103	28	market	market	NOUN
ajfa-5200	103	29	continues	continue	VERB
ajfa-5200	103	30	to	to	PART
ajfa-5200	103	31	present	present	VERB
ajfa-5200	103	32	growth	growth	NOUN
ajfa-5200	103	33	opportunities	opportunity	NOUN
ajfa-5200	103	34	for	for	ADP
ajfa-5200	103	35	banking	banking	NOUN
ajfa-5200	103	36	service	service	NOUN
ajfa-5200	103	37	providers	provider	NOUN
ajfa-5200	103	38	.	.	PUNCT
ajfa-5200	104	1	in	in	ADP
ajfa-5200	104	2	transitional	transitional	ADJ
ajfa-5200	104	3	and	and	CCONJ
ajfa-5200	104	4	developing	develop	VERB
ajfa-5200	104	5	economies	economy	NOUN
ajfa-5200	104	6	such	such	ADJ
ajfa-5200	104	7	as	as	ADP
ajfa-5200	104	8	vietnam	vietnam	PROPN
ajfa-5200	104	9	,	,	PUNCT
ajfa-5200	104	10	the	the	DET
ajfa-5200	104	11	conduct	conduct	NOUN
ajfa-5200	104	12	of	of	ADP
ajfa-5200	104	13	the	the	DET
ajfa-5200	104	14	monetary	monetary	ADJ
ajfa-5200	104	15	policy	policy	NOUN
ajfa-5200	104	16	,	,	PUNCT
ajfa-5200	104	17	and	and	CCONJ
ajfa-5200	104	18	hence	hence	ADV
ajfa-5200	104	19	the	the	DET
ajfa-5200	104	20	money	money	NOUN
ajfa-5200	104	21	supply	supply	NOUN
ajfa-5200	104	22	,	,	PUNCT
ajfa-5200	104	23	has	have	AUX
ajfa-5200	104	24	been	be	AUX
ajfa-5200	104	25	influenced	influence	VERB
ajfa-5200	104	26	by	by	ADP
ajfa-5200	104	27	the	the	DET
ajfa-5200	104	28	following	follow	VERB
ajfa-5200	104	29	institutional	institutional	ADJ
ajfa-5200	104	30	and	and	CCONJ
ajfa-5200	104	31	structural	structural	ADJ
ajfa-5200	104	32	constraints	constraint	NOUN
ajfa-5200	104	33	.	.	PUNCT
ajfa-5200	105	1	in	in	ADP
ajfa-5200	105	2	early	early	ADJ
ajfa-5200	105	3	1998	1998	NUM
ajfa-5200	105	4	,	,	PUNCT
ajfa-5200	105	5	state	state	NOUN
ajfa-5200	105	6	owned	own	VERB
ajfa-5200	105	7	commercial	commercial	ADJ
ajfa-5200	105	8	banks	bank	NOUN
ajfa-5200	105	9	still	still	ADV
ajfa-5200	105	10	accounted	account	VERB
ajfa-5200	105	11	for	for	ADP
ajfa-5200	105	12	80	80	NUM
ajfa-5200	105	13	%	%	NOUN
ajfa-5200	105	14	of	of	ADP
ajfa-5200	105	15	deposits	deposit	NOUN
ajfa-5200	105	16	and	and	CCONJ
ajfa-5200	105	17	their	their	PRON
ajfa-5200	105	18	lending	lending	NOUN
ajfa-5200	105	19	remained	remain	VERB
ajfa-5200	105	20	subject	subject	ADJ
ajfa-5200	105	21	to	to	ADP
ajfa-5200	105	22	political	political	ADJ
ajfa-5200	105	23	direction	direction	NOUN
ajfa-5200	105	24	.	.	PUNCT
ajfa-5200	106	1	state	state	NOUN
ajfa-5200	106	2	enterprises	enterprise	NOUN
ajfa-5200	106	3	continue	continue	VERB
ajfa-5200	106	4	to	to	PART
ajfa-5200	106	5	receive	receive	VERB
ajfa-5200	106	6	borrowing	borrowing	NOUN
ajfa-5200	106	7	privileges	privilege	NOUN
ajfa-5200	106	8	,	,	PUNCT
ajfa-5200	106	9	including	include	VERB
ajfa-5200	106	10	obtaining	obtain	VERB
ajfa-5200	106	11	loans	loan	NOUN
ajfa-5200	106	12	without	without	ADP
ajfa-5200	106	13	collateral	collateral	NOUN
ajfa-5200	106	14	,	,	PUNCT
ajfa-5200	106	15	easier	easy	ADJ
ajfa-5200	106	16	access	access	NOUN
ajfa-5200	106	17	to	to	ADP
ajfa-5200	106	18	foreign	foreign	ADJ
ajfa-5200	106	19	currency	currency	NOUN
ajfa-5200	106	20	loans	loan	NOUN
ajfa-5200	106	21	and	and	CCONJ
ajfa-5200	106	22	subsidized	subsidize	VERB
ajfa-5200	106	23	interest	interest	NOUN
ajfa-5200	106	24	rates	rate	NOUN
ajfa-5200	106	25	.	.	PUNCT
ajfa-5200	107	1	accounting	accounting	NOUN
ajfa-5200	107	2	practices	practice	NOUN
ajfa-5200	107	3	rendered	render	VERB
ajfa-5200	107	4	credit	credit	NOUN
ajfa-5200	107	5	evaluations	evaluation	NOUN
ajfa-5200	107	6	problematic	problematic	ADJ
ajfa-5200	107	7	and	and	CCONJ
ajfa-5200	107	8	off	off	ADP
ajfa-5200	107	9	-	-	PUNCT
ajfa-5200	107	10	balance	balance	NOUN
ajfa-5200	107	11	sheet	sheet	NOUN
ajfa-5200	107	12	liabilities	liability	NOUN
ajfa-5200	107	13	,	,	PUNCT
ajfa-5200	107	14	such	such	ADJ
ajfa-5200	107	15	as	as	ADP
ajfa-5200	107	16	letters	letter	NOUN
ajfa-5200	107	17	of	of	ADP
ajfa-5200	107	18	credit	credit	NOUN
ajfa-5200	107	19	,	,	PUNCT
ajfa-5200	107	20	emerged	emerge	VERB
ajfa-5200	107	21	as	as	ADP
ajfa-5200	107	22	a	a	DET
ajfa-5200	107	23	major	major	ADJ
ajfa-5200	107	24	source	source	NOUN
ajfa-5200	107	25	of	of	ADP
ajfa-5200	107	26	risk	risk	NOUN
ajfa-5200	107	27	(	(	PUNCT
ajfa-5200	107	28	imf	imf	PROPN
ajfa-5200	107	29	staff	staff	NOUN
ajfa-5200	107	30	country	country	NOUN
ajfa-5200	107	31	report	report	VERB
ajfa-5200	107	32	no	no	DET
ajfa-5200	107	33	98/30	98/30	NOUN
ajfa-5200	107	34	,	,	PUNCT
ajfa-5200	107	35	1998	1998	NUM
ajfa-5200	107	36	)	)	PUNCT
ajfa-5200	107	37	.	.	PUNCT
ajfa-5200	108	1	3	3	X
ajfa-5200	108	2	.	.	X
ajfa-5200	108	3	data	datum	NOUN
ajfa-5200	108	4	this	this	DET
ajfa-5200	108	5	study	study	NOUN
ajfa-5200	108	6	uses	use	VERB
ajfa-5200	108	7	data	datum	NOUN
ajfa-5200	108	8	on	on	ADP
ajfa-5200	108	9	the	the	DET
ajfa-5200	108	10	monthly	monthly	ADJ
ajfa-5200	108	11	equity	equity	NOUN
ajfa-5200	108	12	market	market	NOUN
ajfa-5200	108	13	index	index	NOUN
ajfa-5200	108	14	money	money	NOUN
ajfa-5200	108	15	and	and	CCONJ
ajfa-5200	108	16	the	the	DET
ajfa-5200	108	17	narrowest	narrow	ADJ
ajfa-5200	108	18	money	money	NOUN
ajfa-5200	108	19	supply	supply	NOUN
ajfa-5200	108	20	m1	m1	PROPN
ajfa-5200	108	21	(	(	PUNCT
ajfa-5200	108	22	in	in	ADP
ajfa-5200	108	23	trillion	trillion	NUM
ajfa-5200	108	24	)	)	PUNCT
ajfa-5200	108	25	from	from	ADP
ajfa-5200	108	26	the	the	DET
ajfa-5200	108	27	vietnamese	vietnamese	ADJ
ajfa-5200	108	28	central	central	PROPN
ajfa-5200	108	29	bank	bank	PROPN
ajfa-5200	108	30	over	over	ADP
ajfa-5200	108	31	the	the	DET
ajfa-5200	108	32	period	period	NOUN
ajfa-5200	108	33	from	from	ADP
ajfa-5200	108	34	july	july	PROPN
ajfa-5200	108	35	2000	2000	NUM
ajfa-5200	108	36	to	to	ADP
ajfa-5200	108	37	august	august	PROPN
ajfa-5200	108	38	2010	2010	NUM
ajfa-5200	108	39	.	.	PUNCT
ajfa-5200	109	1	the	the	DET
ajfa-5200	109	2	monthly	monthly	ADJ
ajfa-5200	109	3	market	market	NOUN
ajfa-5200	109	4	equity	equity	NOUN
ajfa-5200	109	5	index	index	NOUN
ajfa-5200	109	6	and	and	CCONJ
ajfa-5200	109	7	the	the	DET
ajfa-5200	109	8	narrowest	narrow	ADJ
ajfa-5200	109	9	money	money	NOUN
ajfa-5200	109	10	supply	supply	NOUN
ajfa-5200	109	11	m1	m1	PROPN
ajfa-5200	109	12	are	be	AUX
ajfa-5200	109	13	asian	asian	ADJ
ajfa-5200	109	14	journal	journal	NOUN
ajfa-5200	109	15	of	of	ADP
ajfa-5200	109	16	finance	finance	PROPN
ajfa-5200	109	17	&	&	CCONJ
ajfa-5200	109	18	accounting	accounting	PROPN
ajfa-5200	109	19	issn	issn	PROPN
ajfa-5200	109	20	1946	1946	NUM
ajfa-5200	109	21	-	-	PUNCT
ajfa-5200	109	22	052x	052x	PROPN
ajfa-5200	109	23	2014	2014	NUM
ajfa-5200	109	24	,	,	PUNCT
ajfa-5200	109	25	vol	vol	NOUN
ajfa-5200	109	26	.	.	PROPN
ajfa-5200	110	1	6	6	NUM
ajfa-5200	110	2	,	,	PUNCT
ajfa-5200	110	3	no	no	INTJ
ajfa-5200	110	4	.	.	NOUN
ajfa-5200	110	5	1	1	NUM
ajfa-5200	110	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-5200	110	7	165	165	NUM
ajfa-5200	110	8	expressed	express	VERB
ajfa-5200	110	9	in	in	ADP
ajfa-5200	110	10	natural	natural	ADJ
ajfa-5200	110	11	logarithmic	logarithmic	ADJ
ajfa-5200	110	12	values	value	NOUN
ajfa-5200	110	13	.	.	PUNCT
ajfa-5200	111	1	the	the	DET
ajfa-5200	111	2	natural	natural	ADJ
ajfa-5200	111	3	logarithmic	logarithmic	ADJ
ajfa-5200	111	4	values	value	NOUN
ajfa-5200	111	5	of	of	ADP
ajfa-5200	111	6	the	the	DET
ajfa-5200	111	7	monthly	monthly	ADJ
ajfa-5200	111	8	market	market	NOUN
ajfa-5200	111	9	equity	equity	NOUN
ajfa-5200	111	10	index	index	NOUN
ajfa-5200	111	11	and	and	CCONJ
ajfa-5200	111	12	the	the	DET
ajfa-5200	111	13	narrowest	narrow	ADJ
ajfa-5200	111	14	money	money	NOUN
ajfa-5200	111	15	supply	supply	NOUN
ajfa-5200	111	16	m1	m1	PROPN
ajfa-5200	111	17	are	be	AUX
ajfa-5200	111	18	denoted	denote	VERB
ajfa-5200	111	19	by	by	ADP
ajfa-5200	111	20	tep	tep	NOUN
ajfa-5200	111	21	and	and	CCONJ
ajfa-5200	111	22	tms	tms	PROPN
ajfa-5200	111	23	,	,	PUNCT
ajfa-5200	111	24	respectively	respectively	ADV
ajfa-5200	111	25	.	.	PUNCT
ajfa-5200	112	1	throughout	throughout	ADP
ajfa-5200	112	2	this	this	DET
ajfa-5200	112	3	study	study	NOUN
ajfa-5200	112	4	,	,	PUNCT
ajfa-5200	112	5	tep	tep	PROPN
ajfa-5200	112	6	and	and	CCONJ
ajfa-5200	112	7	tms	tms	PROPN
ajfa-5200	112	8	are	be	AUX
ajfa-5200	112	9	referred	refer	VERB
ajfa-5200	112	10	to	to	ADP
ajfa-5200	112	11	as	as	ADP
ajfa-5200	112	12	the	the	DET
ajfa-5200	112	13	stock	stock	NOUN
ajfa-5200	112	14	price	price	NOUN
ajfa-5200	112	15	index	index	NOUN
ajfa-5200	112	16	and	and	CCONJ
ajfa-5200	112	17	the	the	DET
ajfa-5200	112	18	money	money	NOUN
ajfa-5200	112	19	supply	supply	NOUN
ajfa-5200	112	20	.	.	PUNCT
ajfa-5200	113	1	the	the	DET
ajfa-5200	113	2	difference	difference	NOUN
ajfa-5200	113	3	between	between	ADP
ajfa-5200	113	4	tep	tep	PROPN
ajfa-5200	113	5	and	and	CCONJ
ajfa-5200	113	6	tms	tms	PROPN
ajfa-5200	113	7	is	be	AUX
ajfa-5200	113	8	defined	define	VERB
ajfa-5200	113	9	as	as	ADP
ajfa-5200	113	10	the	the	DET
ajfa-5200	113	11	basis	basis	NOUN
ajfa-5200	113	12	or	or	CCONJ
ajfa-5200	113	13	the	the	DET
ajfa-5200	113	14	spread	spread	NOUN
ajfa-5200	113	15	between	between	ADP
ajfa-5200	113	16	stock	stock	NOUN
ajfa-5200	113	17	price	price	NOUN
ajfa-5200	113	18	index	index	NOUN
ajfa-5200	113	19	and	and	CCONJ
ajfa-5200	113	20	the	the	DET
ajfa-5200	113	21	money	money	NOUN
ajfa-5200	113	22	supply	supply	NOUN
ajfa-5200	113	23	and	and	CCONJ
ajfa-5200	113	24	is	be	AUX
ajfa-5200	113	25	denoted	denote	VERB
ajfa-5200	113	26	by	by	ADP
ajfa-5200	113	27	tsp	tsp	NOUN
ajfa-5200	113	28	.	.	PUNCT
ajfa-5200	114	1	moreover	moreover	ADV
ajfa-5200	114	2	,	,	PUNCT
ajfa-5200	114	3	given	give	VERB
ajfa-5200	114	4	a	a	DET
ajfa-5200	114	5	level	level	NOUN
ajfa-5200	114	6	of	of	ADP
ajfa-5200	114	7	the	the	DET
ajfa-5200	114	8	stock	stock	NOUN
ajfa-5200	114	9	price	price	NOUN
ajfa-5200	114	10	,	,	PUNCT
ajfa-5200	114	11	a	a	DET
ajfa-5200	114	12	decrease	decrease	NOUN
ajfa-5200	114	13	in	in	ADP
ajfa-5200	114	14	the	the	DET
ajfa-5200	114	15	money	money	NOUN
ajfa-5200	114	16	supply	supply	NOUN
ajfa-5200	114	17	m1	m1	NOUN
ajfa-5200	114	18	,	,	PUNCT
ajfa-5200	114	19	would	would	AUX
ajfa-5200	114	20	widen	widen	VERB
ajfa-5200	114	21	the	the	DET
ajfa-5200	114	22	spread	spread	NOUN
ajfa-5200	114	23	between	between	ADP
ajfa-5200	114	24	the	the	DET
ajfa-5200	114	25	stock	stock	NOUN
ajfa-5200	114	26	price	price	NOUN
ajfa-5200	114	27	and	and	CCONJ
ajfa-5200	114	28	the	the	DET
ajfa-5200	114	29	money	money	NOUN
ajfa-5200	114	30	supply	supply	NOUN
ajfa-5200	114	31	m1	m1	NOUN
ajfa-5200	114	32	:	:	PUNCT
ajfa-5200	114	33	a	a	DET
ajfa-5200	114	34	widening	widening	NOUN
ajfa-5200	114	35	of	of	ADP
ajfa-5200	114	36	the	the	DET
ajfa-5200	114	37	basis	basis	NOUN
ajfa-5200	114	38	.	.	PUNCT
ajfa-5200	115	1	the	the	DET
ajfa-5200	115	2	opposite	opposite	NOUN
ajfa-5200	115	3	is	be	AUX
ajfa-5200	115	4	true	true	ADJ
ajfa-5200	115	5	if	if	SCONJ
ajfa-5200	115	6	the	the	DET
ajfa-5200	115	7	money	money	NOUN
ajfa-5200	115	8	supply	supply	NOUN
ajfa-5200	115	9	m1	m1	NOUN
ajfa-5200	115	10	changes	change	NOUN
ajfa-5200	115	11	in	in	ADP
ajfa-5200	115	12	the	the	DET
ajfa-5200	115	13	other	other	ADJ
ajfa-5200	115	14	direction	direction	NOUN
ajfa-5200	115	15	.	.	PUNCT
ajfa-5200	116	1	the	the	DET
ajfa-5200	116	2	descriptive	descriptive	ADJ
ajfa-5200	116	3	statistics	statistic	NOUN
ajfa-5200	116	4	reveal	reveal	VERB
ajfa-5200	116	5	that	that	SCONJ
ajfa-5200	116	6	the	the	DET
ajfa-5200	116	7	mean	mean	ADJ
ajfa-5200	116	8	money	money	NOUN
ajfa-5200	116	9	supply	supply	NOUN
ajfa-5200	116	10	during	during	ADP
ajfa-5200	116	11	the	the	DET
ajfa-5200	116	12	sample	sample	NOUN
ajfa-5200	116	13	period	period	NOUN
ajfa-5200	116	14	is	be	AUX
ajfa-5200	116	15	5.432	5.432	NUM
ajfa-5200	116	16	percent	percent	NOUN
ajfa-5200	116	17	ranging	range	VERB
ajfa-5200	116	18	from	from	ADP
ajfa-5200	116	19	4.358	4.358	NUM
ajfa-5200	116	20	percent	percent	NOUN
ajfa-5200	116	21	to	to	ADP
ajfa-5200	116	22	6.401	6.401	NUM
ajfa-5200	116	23	percent	percent	NOUN
ajfa-5200	116	24	with	with	ADP
ajfa-5200	116	25	standard	standard	ADJ
ajfa-5200	116	26	deviation	deviation	NOUN
ajfa-5200	116	27	being	be	AUX
ajfa-5200	116	28	0.595	0.595	NUM
ajfa-5200	116	29	,	,	PUNCT
ajfa-5200	116	30	while	while	SCONJ
ajfa-5200	116	31	the	the	DET
ajfa-5200	116	32	mean	mean	ADJ
ajfa-5200	116	33	stock	stock	NOUN
ajfa-5200	116	34	price	price	NOUN
ajfa-5200	116	35	is	be	AUX
ajfa-5200	116	36	5.790	5.790	NUM
ajfa-5200	116	37	percent	percent	NOUN
ajfa-5200	116	38	,	,	PUNCT
ajfa-5200	116	39	ranging	range	VERB
ajfa-5200	116	40	from	from	ADP
ajfa-5200	116	41	4.605	4.605	NUM
ajfa-5200	116	42	percent	percent	NOUN
ajfa-5200	116	43	to	to	ADP
ajfa-5200	116	44	7.024	7.024	NUM
ajfa-5200	116	45	percent	percent	NOUN
ajfa-5200	116	46	with	with	ADP
ajfa-5200	116	47	is	be	AUX
ajfa-5200	116	48	standard	standard	ADJ
ajfa-5200	116	49	deviation	deviation	NOUN
ajfa-5200	116	50	being	be	AUX
ajfa-5200	116	51	also	also	ADV
ajfa-5200	116	52	0.595	0.595	NUM
ajfa-5200	116	53	.	.	PUNCT
ajfa-5200	117	1	their	their	PRON
ajfa-5200	117	2	correlation	correlation	NOUN
ajfa-5200	117	3	is	be	AUX
ajfa-5200	117	4	72.19	72.19	NUM
ajfa-5200	117	5	percent	percent	NOUN
ajfa-5200	117	6	.	.	PUNCT
ajfa-5200	118	1	the	the	DET
ajfa-5200	118	2	logarithms	logarithm	NOUN
ajfa-5200	118	3	of	of	ADP
ajfa-5200	118	4	vietnamese	vietnamese	ADJ
ajfa-5200	118	5	stock	stock	NOUN
ajfa-5200	118	6	price	price	NOUN
ajfa-5200	118	7	index	index	NOUN
ajfa-5200	118	8	,	,	PUNCT
ajfa-5200	118	9	the	the	DET
ajfa-5200	118	10	narrowest	narrow	ADJ
ajfa-5200	118	11	money	money	NOUN
ajfa-5200	118	12	supply	supply	NOUN
ajfa-5200	118	13	,	,	PUNCT
ajfa-5200	118	14	and	and	CCONJ
ajfa-5200	118	15	their	their	PRON
ajfa-5200	118	16	spread	spread	ADJ
ajfa-5200	118	17	july	july	PROPN
ajfa-5200	118	18	2000	2000	NUM
ajfa-5200	118	19	to	to	ADP
ajfa-5200	118	20	august	august	PROPN
ajfa-5200	118	21	2010	2010	NUM
ajfa-5200	118	22	2000	2000	NUM
ajfa-5200	118	23	2001	2001	NUM
ajfa-5200	118	24	2002	2002	NUM
ajfa-5200	118	25	2003	2003	NUM
ajfa-5200	118	26	2004	2004	NUM
ajfa-5200	118	27	2005	2005	NUM
ajfa-5200	118	28	2006	2006	NUM
ajfa-5200	118	29	2007	2007	NUM
ajfa-5200	118	30	2008	2008	NUM
ajfa-5200	118	31	2009	2009	NUM
ajfa-5200	118	32	2010	2010	NUM
ajfa-5200	118	33	-1	-1	SYM
ajfa-5200	118	34	0	0	NUM
ajfa-5200	118	35	1	1	NUM
ajfa-5200	118	36	2	2	NUM
ajfa-5200	118	37	3	3	NUM
ajfa-5200	118	38	4	4	NUM
ajfa-5200	118	39	5	5	NUM
ajfa-5200	118	40	6	6	NUM
ajfa-5200	118	41	7	7	NUM
ajfa-5200	118	42	8	8	NUM
ajfa-5200	118	43	stock	stock	NOUN
ajfa-5200	118	44	price	price	NOUN
ajfa-5200	118	45	index	index	NOUN
ajfa-5200	118	46	narrowest	narrow	ADJ
ajfa-5200	118	47	money	money	NOUN
ajfa-5200	118	48	supply	supply	NOUN
ajfa-5200	118	49	spread	spread	VERB
ajfa-5200	118	50	source	source	NOUN
ajfa-5200	118	51	:	:	PUNCT
ajfa-5200	118	52	vietnamese	vietnamese	PROPN
ajfa-5200	118	53	central	central	PROPN
ajfa-5200	118	54	bank	bank	PROPN
ajfa-5200	118	55	,	,	PUNCT
ajfa-5200	118	56	bloomberg	bloomberg	PROPN
ajfa-5200	118	57	,	,	PUNCT
ajfa-5200	118	58	and	and	CCONJ
ajfa-5200	118	59	calculations	calculation	NOUN
ajfa-5200	118	60	by	by	ADP
ajfa-5200	118	61	the	the	DET
ajfa-5200	118	62	author	author	NOUN
ajfa-5200	118	63	.	.	PUNCT
ajfa-5200	119	1	figure	figure	VERB
ajfa-5200	119	2	1	1	NUM
ajfa-5200	119	3	4	4	NUM
ajfa-5200	119	4	.	.	PUNCT
ajfa-5200	119	5	methodological	methodological	ADJ
ajfa-5200	119	6	issues	issue	NOUN
ajfa-5200	119	7	and	and	CCONJ
ajfa-5200	119	8	analytical	analytical	ADJ
ajfa-5200	119	9	framework	framework	NOUN
ajfa-5200	119	10	4.1	4.1	NUM
ajfa-5200	119	11	structural	structural	ADJ
ajfa-5200	119	12	break	break	NOUN
ajfa-5200	119	13	over	over	ADP
ajfa-5200	119	14	time	time	NOUN
ajfa-5200	119	15	,	,	PUNCT
ajfa-5200	119	16	every	every	DET
ajfa-5200	119	17	economy	economy	NOUN
ajfa-5200	119	18	would	would	AUX
ajfa-5200	119	19	experience	experience	VERB
ajfa-5200	119	20	many	many	ADJ
ajfa-5200	119	21	business	business	NOUN
ajfa-5200	119	22	cycles	cycle	NOUN
ajfa-5200	119	23	caused	cause	VERB
ajfa-5200	119	24	by	by	ADP
ajfa-5200	119	25	internal	internal	ADJ
ajfa-5200	119	26	and	and	CCONJ
ajfa-5200	119	27	external	external	ADJ
ajfa-5200	119	28	shocks	shock	NOUN
ajfa-5200	119	29	;	;	PUNCT
ajfa-5200	119	30	therefore	therefore	ADV
ajfa-5200	119	31	,	,	PUNCT
ajfa-5200	119	32	countercyclical	countercyclical	ADJ
ajfa-5200	119	33	monetary	monetary	ADJ
ajfa-5200	119	34	policy	policy	NOUN
ajfa-5200	119	35	measures	measure	NOUN
ajfa-5200	119	36	would	would	AUX
ajfa-5200	119	37	be	be	AUX
ajfa-5200	119	38	used	use	VERB
ajfa-5200	119	39	to	to	PART
ajfa-5200	119	40	bring	bring	VERB
ajfa-5200	119	41	the	the	DET
ajfa-5200	119	42	economy	economy	NOUN
ajfa-5200	119	43	back	back	ADV
ajfa-5200	119	44	to	to	ADP
ajfa-5200	119	45	its	its	PRON
ajfa-5200	119	46	long	long	ADJ
ajfa-5200	119	47	-	-	PUNCT
ajfa-5200	119	48	run	run	NOUN
ajfa-5200	119	49	path	path	NOUN
ajfa-5200	119	50	.	.	PUNCT
ajfa-5200	120	1	consequently	consequently	ADV
ajfa-5200	120	2	,	,	PUNCT
ajfa-5200	120	3	the	the	DET
ajfa-5200	120	4	spread	spread	NOUN
ajfa-5200	120	5	between	between	ADP
ajfa-5200	120	6	stock	stock	NOUN
ajfa-5200	120	7	the	the	DET
ajfa-5200	120	8	price	price	NOUN
ajfa-5200	120	9	index	index	NOUN
ajfa-5200	120	10	and	and	CCONJ
ajfa-5200	120	11	the	the	DET
ajfa-5200	120	12	money	money	NOUN
ajfa-5200	120	13	supply	supply	NOUN
ajfa-5200	120	14	is	be	AUX
ajfa-5200	120	15	most	most	ADV
ajfa-5200	120	16	likely	likely	ADJ
ajfa-5200	120	17	to	to	PART
ajfa-5200	120	18	suffer	suffer	VERB
ajfa-5200	120	19	some	some	DET
ajfa-5200	120	20	structure	structure	NOUN
ajfa-5200	120	21	breaks	break	NOUN
ajfa-5200	120	22	.	.	PUNCT
ajfa-5200	121	1	to	to	PART
ajfa-5200	121	2	search	search	VERB
ajfa-5200	121	3	endogenously	endogenously	ADV
ajfa-5200	121	4	for	for	ADP
ajfa-5200	121	5	the	the	DET
ajfa-5200	121	6	possibility	possibility	NOUN
ajfa-5200	121	7	of	of	ADP
ajfa-5200	121	8	any	any	DET
ajfa-5200	121	9	structural	structural	ADJ
ajfa-5200	121	10	break	break	NOUN
ajfa-5200	121	11	in	in	ADP
ajfa-5200	121	12	the	the	DET
ajfa-5200	121	13	basis	basis	NOUN
ajfa-5200	121	14	,	,	PUNCT
ajfa-5200	121	15	this	this	DET
ajfa-5200	121	16	study	study	NOUN
ajfa-5200	121	17	utilized	utilize	VERB
ajfa-5200	121	18	perron	perron	PROPN
ajfa-5200	121	19	’s	’s	PART
ajfa-5200	121	20	(	(	PUNCT
ajfa-5200	121	21	1997	1997	NUM
ajfa-5200	121	22	)	)	PUNCT
ajfa-5200	121	23	endogenous	endogenous	ADJ
ajfa-5200	121	24	unit	unit	NOUN
ajfa-5200	121	25	root	root	NOUN
ajfa-5200	121	26	test	test	NOUN
ajfa-5200	121	27	function	function	NOUN
ajfa-5200	121	28	with	with	ADP
ajfa-5200	121	29	the	the	DET
ajfa-5200	121	30	intercept	intercept	NOUN
ajfa-5200	121	31	,	,	PUNCT
ajfa-5200	121	32	slope	slope	NOUN
ajfa-5200	121	33	,	,	PUNCT
ajfa-5200	121	34	and	and	CCONJ
ajfa-5200	121	35	the	the	DET
ajfa-5200	121	36	trend	trend	NOUN
ajfa-5200	121	37	dummy	dummy	NOUN
ajfa-5200	121	38	,	,	PUNCT
ajfa-5200	121	39	as	as	SCONJ
ajfa-5200	121	40	specified	specify	VERB
ajfa-5200	121	41	by	by	ADP
ajfa-5200	121	42	equation	equation	NOUN
ajfa-5200	121	43	(	(	PUNCT
ajfa-5200	121	44	1	1	NUM
ajfa-5200	121	45	)	)	PUNCT
ajfa-5200	121	46	,	,	PUNCT
ajfa-5200	121	47	to	to	PART
ajfa-5200	121	48	test	test	VERB
ajfa-5200	121	49	the	the	DET
ajfa-5200	121	50	hypothesis	hypothesis	NOUN
ajfa-5200	121	51	that	that	PRON
ajfa-5200	121	52	the	the	DET
ajfa-5200	121	53	spread	spread	NOUN
ajfa-5200	121	54	between	between	ADP
ajfa-5200	121	55	stock	stock	NOUN
ajfa-5200	121	56	price	price	NOUN
ajfa-5200	121	57	index	index	NOUN
ajfa-5200	121	58	and	and	CCONJ
ajfa-5200	121	59	the	the	DET
ajfa-5200	121	60	money	money	NOUN
ajfa-5200	121	61	supply	supply	NOUN
ajfa-5200	121	62	has	have	VERB
ajfa-5200	121	63	a	a	DET
ajfa-5200	121	64	unit	unit	NOUN
ajfa-5200	121	65	root	root	NOUN
ajfa-5200	121	66	.	.	PUNCT
ajfa-5200	122	1	asian	asian	ADJ
ajfa-5200	122	2	journal	journal	PROPN
ajfa-5200	122	3	of	of	ADP
ajfa-5200	122	4	finance	finance	PROPN
ajfa-5200	122	5	&	&	CCONJ
ajfa-5200	122	6	accounting	accounting	PROPN
ajfa-5200	122	7	issn	issn	PROPN
ajfa-5200	122	8	1946	1946	NUM
ajfa-5200	122	9	-	-	PUNCT
ajfa-5200	122	10	052x	052x	PROPN
ajfa-5200	122	11	2014	2014	NUM
ajfa-5200	122	12	,	,	PUNCT
ajfa-5200	122	13	vol	vol	NOUN
ajfa-5200	122	14	.	.	PROPN
ajfa-5200	123	1	6	6	NUM
ajfa-5200	123	2	,	,	PUNCT
ajfa-5200	123	3	no	no	INTJ
ajfa-5200	123	4	.	.	NOUN
ajfa-5200	123	5	1	1	NUM
ajfa-5200	123	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5200	123	7	166	166	NUM
ajfa-5200	123	8	tit	tit	NOUN
ajfa-5200	124	1	k	k	NOUN
ajfa-5200	125	1	i	i	PRON
ajfa-5200	125	2	itbt	itbt	VERB
ajfa-5200	125	3	spsptddttdusp	spsptddttdusp	ADP
ajfa-5200	125	4	υψβδγαθμ	υψβδγαθμ	ADJ
ajfa-5200	126	1	+	+	ADJ
ajfa-5200	126	2	δ++++++=	δ++++++=	ADJ
ajfa-5200	126	3	−=−	−=−	NUM
ajfa-5200	126	4			X
ajfa-5200	126	5	11	11	NUM
ajfa-5200	126	6	)	)	PUNCT
ajfa-5200	126	7	(	(	PUNCT
ajfa-5200	126	8	(	(	PUNCT
ajfa-5200	126	9	1	1	X
ajfa-5200	126	10	)	)	PUNCT
ajfa-5200	126	11	where	where	SCONJ
ajfa-5200	126	12	t	t	PROPN
ajfa-5200	126	13	is	be	AUX
ajfa-5200	126	14	a	a	DET
ajfa-5200	126	15	linear	linear	ADJ
ajfa-5200	126	16	time	time	NOUN
ajfa-5200	126	17	trend	trend	NOUN
ajfa-5200	126	18	;	;	PUNCT
ajfa-5200	126	19	)	)	PUNCT
ajfa-5200	126	20	(	(	PUNCT
ajfa-5200	126	21	1	1	NUM
ajfa-5200	126	22	bttdu	bttdu	NOUN
ajfa-5200	126	23	>	>	PUNCT
ajfa-5200	126	24	=	=	PUNCT
ajfa-5200	126	25	is	be	AUX
ajfa-5200	126	26	a	a	DET
ajfa-5200	126	27	post	post	ADJ
ajfa-5200	126	28	-	-	ADJ
ajfa-5200	126	29	break	break	ADJ
ajfa-5200	126	30	constant	constant	ADJ
ajfa-5200	126	31	dummy	dummy	ADJ
ajfa-5200	126	32	variable	variable	NOUN
ajfa-5200	126	33	;	;	PUNCT
ajfa-5200	126	34	)	)	PUNCT
ajfa-5200	126	35	(	(	PUNCT
ajfa-5200	126	36	1	1	NUM
ajfa-5200	126	37	bttdt	bttdt	VERB
ajfa-5200	126	38	>	>	PUNCT
ajfa-5200	126	39	=	=	PUNCT
ajfa-5200	126	40	is	be	AUX
ajfa-5200	126	41	a	a	DET
ajfa-5200	126	42	post	post	ADJ
ajfa-5200	126	43	-	-	ADJ
ajfa-5200	126	44	break	break	ADJ
ajfa-5200	126	45	slope	slope	NOUN
ajfa-5200	126	46	dummy	dummy	ADJ
ajfa-5200	126	47	variable	variable	NOUN
ajfa-5200	126	48	;	;	PUNCT
ajfa-5200	126	49	)	)	PUNCT
ajfa-5200	126	50	1(1	1(1	NUM
ajfa-5200	126	51	)	)	PUNCT
ajfa-5200	126	52	(	(	PUNCT
ajfa-5200	126	53	+	+	NOUN
ajfa-5200	126	54	=	=	NOUN
ajfa-5200	126	55	=	=	SYM
ajfa-5200	126	56	bb	bb	NOUN
ajfa-5200	126	57	tttd	tttd	NOUN
ajfa-5200	126	58	is	be	AUX
ajfa-5200	126	59	the	the	DET
ajfa-5200	126	60	break	break	ADJ
ajfa-5200	126	61	dummy	dummy	ADJ
ajfa-5200	126	62	variable	variable	NOUN
ajfa-5200	126	63	;	;	PUNCT
ajfa-5200	126	64	and	and	CCONJ
ajfa-5200	126	65	tε	tε	NOUN
ajfa-5200	126	66	are	be	AUX
ajfa-5200	126	67	white	white	ADJ
ajfa-5200	126	68	-	-	PUNCT
ajfa-5200	126	69	noise	noise	NOUN
ajfa-5200	126	70	error	error	NOUN
ajfa-5200	126	71	terms	term	NOUN
ajfa-5200	126	72	.	.	PUNCT
ajfa-5200	127	1	the	the	DET
ajfa-5200	127	2	null	null	ADJ
ajfa-5200	127	3	hypothesis	hypothesis	NOUN
ajfa-5200	127	4	of	of	ADP
ajfa-5200	127	5	a	a	DET
ajfa-5200	127	6	unit	unit	NOUN
ajfa-5200	127	7	root	root	NOUN
ajfa-5200	127	8	is	be	AUX
ajfa-5200	127	9	stated	state	VERB
ajfa-5200	127	10	as	as	ADP
ajfa-5200	127	11	1	1	NUM
ajfa-5200	127	12	=	=	NOUN
ajfa-5200	127	13	β	β	X
ajfa-5200	127	14	.	.	PUNCT
ajfa-5200	128	1	the	the	DET
ajfa-5200	128	2	break	break	NOUN
ajfa-5200	128	3	date	date	NOUN
ajfa-5200	128	4	,	,	PUNCT
ajfa-5200	128	5	bt	bt	PROPN
ajfa-5200	128	6	,	,	PUNCT
ajfa-5200	128	7	is	be	AUX
ajfa-5200	128	8	selected	select	VERB
ajfa-5200	128	9	based	base	VERB
ajfa-5200	128	10	on	on	ADP
ajfa-5200	128	11	the	the	DET
ajfa-5200	128	12	minimum	minimum	ADJ
ajfa-5200	128	13	t	t	PROPN
ajfa-5200	128	14	-	-	PUNCT
ajfa-5200	128	15	statistic	statistic	NOUN
ajfa-5200	128	16	for	for	ADP
ajfa-5200	128	17	testing	test	VERB
ajfa-5200	128	18	1	1	NUM
ajfa-5200	128	19	=	=	NOUN
ajfa-5200	128	20	β	β	X
ajfa-5200	128	21	(	(	PUNCT
ajfa-5200	128	22	see	see	VERB
ajfa-5200	128	23	perron	perron	PROPN
ajfa-5200	128	24	,	,	PUNCT
ajfa-5200	128	25	1997	1997	NUM
ajfa-5200	128	26	)	)	PUNCT
ajfa-5200	128	27	.	.	PUNCT
ajfa-5200	129	1	4.2	4.2	NUM
ajfa-5200	129	2	threshold	threshold	NOUN
ajfa-5200	129	3	autoregressive	autoregressive	ADJ
ajfa-5200	129	4	(	(	PUNCT
ajfa-5200	129	5	tar	tar	NOUN
ajfa-5200	129	6	)	)	PUNCT
ajfa-5200	129	7	model	model	NOUN
ajfa-5200	129	8	additionally	additionally	ADV
ajfa-5200	129	9	,	,	PUNCT
ajfa-5200	129	10	to	to	PART
ajfa-5200	129	11	further	far	ADV
ajfa-5200	129	12	investigate	investigate	VERB
ajfa-5200	129	13	the	the	DET
ajfa-5200	129	14	nature	nature	NOUN
ajfa-5200	129	15	of	of	ADP
ajfa-5200	129	16	the	the	DET
ajfa-5200	129	17	granger	granger	PROPN
ajfa-5200	129	18	causality	causality	NOUN
ajfa-5200	129	19	between	between	ADP
ajfa-5200	129	20	the	the	DET
ajfa-5200	129	21	vietnamese	vietnamese	ADJ
ajfa-5200	129	22	equity	equity	NOUN
ajfa-5200	129	23	index	index	NOUN
ajfa-5200	129	24	and	and	CCONJ
ajfa-5200	129	25	the	the	DET
ajfa-5200	129	26	narrowest	narrow	ADJ
ajfa-5200	129	27	money	money	NOUN
ajfa-5200	129	28	supply	supply	NOUN
ajfa-5200	129	29	,	,	PUNCT
ajfa-5200	129	30	this	this	DET
ajfa-5200	129	31	study	study	NOUN
ajfa-5200	129	32	uses	use	VERB
ajfa-5200	129	33	the	the	DET
ajfa-5200	129	34	threshold	threshold	NOUN
ajfa-5200	129	35	autoregressive	autoregressive	ADJ
ajfa-5200	129	36	(	(	PUNCT
ajfa-5200	129	37	tar	tar	NOUN
ajfa-5200	129	38	)	)	PUNCT
ajfa-5200	129	39	model	model	NOUN
ajfa-5200	129	40	,	,	PUNCT
ajfa-5200	129	41	developed	develop	VERB
ajfa-5200	129	42	by	by	ADP
ajfa-5200	129	43	enders	ender	NOUN
ajfa-5200	129	44	-	-	PUNCT
ajfa-5200	129	45	siklos	siklo	NOUN
ajfa-5200	129	46	(	(	PUNCT
ajfa-5200	129	47	2001	2001	NUM
ajfa-5200	129	48	)	)	PUNCT
ajfa-5200	129	49	,	,	PUNCT
ajfa-5200	129	50	that	that	PRON
ajfa-5200	129	51	allows	allow	VERB
ajfa-5200	129	52	the	the	DET
ajfa-5200	129	53	degree	degree	NOUN
ajfa-5200	129	54	of	of	ADP
ajfa-5200	129	55	autoregressive	autoregressive	ADJ
ajfa-5200	129	56	decay	decay	NOUN
ajfa-5200	129	57	to	to	PART
ajfa-5200	129	58	depend	depend	VERB
ajfa-5200	129	59	on	on	ADP
ajfa-5200	129	60	the	the	DET
ajfa-5200	129	61	state	state	NOUN
ajfa-5200	129	62	of	of	ADP
ajfa-5200	129	63	the	the	DET
ajfa-5200	129	64	spread	spread	NOUN
ajfa-5200	129	65	between	between	ADP
ajfa-5200	129	66	the	the	DET
ajfa-5200	129	67	logarithm	logarithm	NOUN
ajfa-5200	129	68	values	value	NOUN
ajfa-5200	129	69	of	of	ADP
ajfa-5200	129	70	the	the	DET
ajfa-5200	129	71	vietnamese	vietnamese	ADJ
ajfa-5200	129	72	market	market	NOUN
ajfa-5200	129	73	equity	equity	NOUN
ajfa-5200	129	74	and	and	CCONJ
ajfa-5200	129	75	the	the	DET
ajfa-5200	129	76	narrowest	narrow	ADJ
ajfa-5200	129	77	money	money	NOUN
ajfa-5200	129	78	supply	supply	NOUN
ajfa-5200	129	79	m1	m1	PROPN
ajfa-5200	129	80	or	or	CCONJ
ajfa-5200	129	81	the	the	DET
ajfa-5200	129	82	basis	basis	NOUN
ajfa-5200	129	83	,	,	PUNCT
ajfa-5200	129	84	i.e.	i.e.	X
ajfa-5200	129	85	the	the	DET
ajfa-5200	129	86	“	"	PUNCT
ajfa-5200	129	87	deepness	deepness	NOUN
ajfa-5200	129	88	”	"	PUNCT
ajfa-5200	129	89	of	of	ADP
ajfa-5200	129	90	cycles	cycle	NOUN
ajfa-5200	129	91	.	.	PUNCT
ajfa-5200	130	1	the	the	DET
ajfa-5200	130	2	estimated	estimate	VERB
ajfa-5200	130	3	tar	tar	NOUN
ajfa-5200	130	4	model	model	NOUN
ajfa-5200	130	5	would	would	AUX
ajfa-5200	130	6	empirically	empirically	ADV
ajfa-5200	130	7	reveal	reveal	VERB
ajfa-5200	130	8	if	if	SCONJ
ajfa-5200	130	9	the	the	DET
ajfa-5200	130	10	basis	basis	NOUN
ajfa-5200	130	11	tends	tend	VERB
ajfa-5200	130	12	to	to	PART
ajfa-5200	130	13	revert	revert	VERB
ajfa-5200	130	14	back	back	ADV
ajfa-5200	130	15	to	to	ADP
ajfa-5200	130	16	the	the	DET
ajfa-5200	130	17	long	long	ADV
ajfa-5200	130	18	-	-	PUNCT
ajfa-5200	130	19	run	run	NOUN
ajfa-5200	130	20	position	position	NOUN
ajfa-5200	130	21	faster	fast	ADV
ajfa-5200	130	22	when	when	SCONJ
ajfa-5200	130	23	the	the	DET
ajfa-5200	130	24	spread	spread	NOUN
ajfa-5200	130	25	is	be	AUX
ajfa-5200	130	26	above	above	ADP
ajfa-5200	130	27	or	or	CCONJ
ajfa-5200	130	28	below	below	ADP
ajfa-5200	130	29	the	the	DET
ajfa-5200	130	30	threshold	threshold	NOUN
ajfa-5200	130	31	.	.	PUNCT
ajfa-5200	131	1	therefore	therefore	ADV
ajfa-5200	131	2	,	,	PUNCT
ajfa-5200	131	3	the	the	DET
ajfa-5200	131	4	tar	tar	NOUN
ajfa-5200	131	5	model	model	NOUN
ajfa-5200	131	6	indicates	indicate	VERB
ajfa-5200	131	7	whether	whether	SCONJ
ajfa-5200	131	8	troughs	trough	NOUN
ajfa-5200	131	9	or	or	CCONJ
ajfa-5200	131	10	peaks	peak	NOUN
ajfa-5200	131	11	persist	persist	VERB
ajfa-5200	131	12	more	more	ADV
ajfa-5200	131	13	when	when	SCONJ
ajfa-5200	131	14	shocks	shock	NOUN
ajfa-5200	131	15	or	or	CCONJ
ajfa-5200	131	16	countercyclical	countercyclical	ADJ
ajfa-5200	131	17	monetary	monetary	ADJ
ajfa-5200	131	18	policy	policy	NOUN
ajfa-5200	131	19	actions	action	NOUN
ajfa-5200	131	20	push	push	VERB
ajfa-5200	131	21	the	the	DET
ajfa-5200	131	22	basis	basis	NOUN
ajfa-5200	131	23	out	out	ADP
ajfa-5200	131	24	of	of	ADP
ajfa-5200	131	25	its	its	PRON
ajfa-5200	131	26	long	long	ADV
ajfa-5200	131	27	-	-	PUNCT
ajfa-5200	131	28	run	run	VERB
ajfa-5200	131	29	equilibrium	equilibrium	NOUN
ajfa-5200	131	30	path	path	NOUN
ajfa-5200	131	31	.	.	PUNCT
ajfa-5200	132	1	in	in	ADP
ajfa-5200	132	2	this	this	DET
ajfa-5200	132	3	model	model	NOUN
ajfa-5200	132	4	’s	’s	PART
ajfa-5200	132	5	specification	specification	NOUN
ajfa-5200	132	6	,	,	PUNCT
ajfa-5200	132	7	the	the	DET
ajfa-5200	132	8	null	null	ADJ
ajfa-5200	132	9	hypothesis	hypothesis	NOUN
ajfa-5200	132	10	that	that	PRON
ajfa-5200	132	11	the	the	DET
ajfa-5200	132	12	basis	basis	NOUN
ajfa-5200	132	13	contains	contain	VERB
ajfa-5200	132	14	a	a	DET
ajfa-5200	132	15	unit	unit	NOUN
ajfa-5200	132	16	root	root	NOUN
ajfa-5200	132	17	can	can	AUX
ajfa-5200	132	18	be	be	AUX
ajfa-5200	132	19	expressed	express	VERB
ajfa-5200	132	20	as	as	ADP
ajfa-5200	132	21	021	021	NUM
ajfa-5200	132	22	=	=	NUM
ajfa-5200	132	23	=	=	SYM
ajfa-5200	132	24	ρρ	ρρ	PROPN
ajfa-5200	132	25	,	,	PUNCT
ajfa-5200	132	26	while	while	SCONJ
ajfa-5200	132	27	the	the	DET
ajfa-5200	132	28	hypothesis	hypothesis	NOUN
ajfa-5200	132	29	that	that	PRON
ajfa-5200	132	30	the	the	DET
ajfa-5200	132	31	basis	basis	NOUN
ajfa-5200	132	32	is	be	AUX
ajfa-5200	132	33	stationary	stationary	ADJ
ajfa-5200	132	34	with	with	ADP
ajfa-5200	132	35	symmetric	symmetric	ADJ
ajfa-5200	132	36	adjustments	adjustment	NOUN
ajfa-5200	132	37	can	can	AUX
ajfa-5200	132	38	be	be	AUX
ajfa-5200	132	39	stated	state	VERB
ajfa-5200	132	40	as	as	ADP
ajfa-5200	132	41	21	21	NUM
ajfa-5200	132	42	ρρ	ρρ	NOUN
ajfa-5200	132	43	=	=	PUNCT
ajfa-5200	132	44	.	.	PUNCT
ajfa-5200	133	1	the	the	DET
ajfa-5200	133	2	first	first	ADJ
ajfa-5200	133	3	step	step	NOUN
ajfa-5200	133	4	in	in	ADP
ajfa-5200	133	5	the	the	DET
ajfa-5200	133	6	enders	ender	NOUN
ajfa-5200	133	7	-	-	PUNCT
ajfa-5200	133	8	siklos	siklo	NOUN
ajfa-5200	133	9	’	'	PUNCT
ajfa-5200	133	10	(	(	PUNCT
ajfa-5200	133	11	2001	2001	NUM
ajfa-5200	133	12	)	)	PUNCT
ajfa-5200	133	13	procedure	procedure	NOUN
ajfa-5200	133	14	is	be	AUX
ajfa-5200	133	15	to	to	PART
ajfa-5200	133	16	regress	regress	VERB
ajfa-5200	133	17	the	the	DET
ajfa-5200	133	18	spread	spread	NOUN
ajfa-5200	133	19	between	between	ADP
ajfa-5200	133	20	the	the	DET
ajfa-5200	133	21	logarithms	logarithm	NOUN
ajfa-5200	133	22	of	of	ADP
ajfa-5200	133	23	the	the	DET
ajfa-5200	133	24	stock	stock	NOUN
ajfa-5200	133	25	price	price	NOUN
ajfa-5200	133	26	index	index	NOUN
ajfa-5200	133	27	and	and	CCONJ
ajfa-5200	133	28	the	the	DET
ajfa-5200	133	29	money	money	NOUN
ajfa-5200	133	30	supply	supply	NOUN
ajfa-5200	133	31	,	,	PUNCT
ajfa-5200	133	32	tsp	tsp	NOUN
ajfa-5200	133	33	,	,	PUNCT
ajfa-5200	133	34	on	on	ADP
ajfa-5200	133	35	a	a	DET
ajfa-5200	133	36	constant	constant	ADJ
ajfa-5200	133	37	,	,	PUNCT
ajfa-5200	133	38	a	a	DET
ajfa-5200	133	39	linear	linear	ADJ
ajfa-5200	133	40	trend	trend	NOUN
ajfa-5200	133	41	and	and	CCONJ
ajfa-5200	133	42	an	an	DET
ajfa-5200	133	43	intercept	intercept	NOUN
ajfa-5200	133	44	dummy	dummy	NOUN
ajfa-5200	133	45	(	(	PUNCT
ajfa-5200	133	46	with	with	ADP
ajfa-5200	133	47	values	value	NOUN
ajfa-5200	133	48	of	of	ADP
ajfa-5200	133	49	zero	zero	NUM
ajfa-5200	133	50	prior	prior	ADV
ajfa-5200	133	51	to	to	ADP
ajfa-5200	133	52	the	the	DET
ajfa-5200	133	53	structural	structural	ADJ
ajfa-5200	133	54	break	break	NOUN
ajfa-5200	133	55	date	date	NOUN
ajfa-5200	133	56	and	and	CCONJ
ajfa-5200	133	57	values	value	NOUN
ajfa-5200	133	58	of	of	ADP
ajfa-5200	133	59	one	one	NUM
ajfa-5200	133	60	for	for	ADP
ajfa-5200	133	61	the	the	DET
ajfa-5200	133	62	structural	structural	ADJ
ajfa-5200	133	63	break	break	NOUN
ajfa-5200	133	64	date	date	NOUN
ajfa-5200	133	65	and	and	CCONJ
ajfa-5200	133	66	thereafter	thereafter	ADV
ajfa-5200	133	67	)	)	PUNCT
ajfa-5200	133	68	,	,	PUNCT
ajfa-5200	133	69	as	as	SCONJ
ajfa-5200	133	70	specified	specify	VERB
ajfa-5200	133	71	by	by	ADP
ajfa-5200	133	72	equation	equation	NOUN
ajfa-5200	133	73	(	(	PUNCT
ajfa-5200	133	74	2	2	NUM
ajfa-5200	133	75	)	)	PUNCT
ajfa-5200	133	76	.	.	PUNCT
ajfa-5200	134	1	tttt	tttt	PROPN
ajfa-5200	134	2	dummytrendsp	dummytrendsp	NOUN
ajfa-5200	134	3	εβββ	εβββ	VERB
ajfa-5200	134	4	+	+	PROPN
ajfa-5200	134	5	+	+	PROPN
ajfa-5200	134	6	+	+	ADJ
ajfa-5200	134	7	=	=	SYM
ajfa-5200	134	8	320	320	NUM
ajfa-5200	134	9	(	(	PUNCT
ajfa-5200	134	10	2	2	NUM
ajfa-5200	134	11	)	)	PUNCT
ajfa-5200	134	12	the	the	DET
ajfa-5200	134	13	saved	save	VERB
ajfa-5200	134	14	residuals	residual	NOUN
ajfa-5200	134	15	,	,	PUNCT
ajfa-5200	134	16	tε	tε	ADP
ajfa-5200	134	17	from	from	ADP
ajfa-5200	134	18	the	the	DET
ajfa-5200	134	19	estimation	estimation	NOUN
ajfa-5200	134	20	of	of	ADP
ajfa-5200	134	21	equation	equation	NOUN
ajfa-5200	134	22	(	(	PUNCT
ajfa-5200	134	23	2	2	NUM
ajfa-5200	134	24	)	)	PUNCT
ajfa-5200	134	25	,	,	PUNCT
ajfa-5200	134	26	denoted	denote	VERB
ajfa-5200	134	27	by	by	ADP
ajfa-5200	134	28	tε̂	tε̂	PROPN
ajfa-5200	134	29	,	,	PUNCT
ajfa-5200	134	30	are	be	AUX
ajfa-5200	134	31	then	then	ADV
ajfa-5200	134	32	used	use	VERB
ajfa-5200	134	33	to	to	PART
ajfa-5200	134	34	estimate	estimate	VERB
ajfa-5200	134	35	the	the	DET
ajfa-5200	134	36	following	follow	VERB
ajfa-5200	134	37	tar	tar	NOUN
ajfa-5200	134	38	model	model	NOUN
ajfa-5200	134	39	:	:	PUNCT
ajfa-5200	134	40	tpt	tpt	NOUN
ajfa-5200	134	41	p	p	NOUN
ajfa-5200	135	1	i	i	PRON
ajfa-5200	135	2	ittttt	ittttt	VERB
ajfa-5200	135	3	uii	uii	ADJ
ajfa-5200	135	4	ˆˆˆ)1(ˆˆ	ˆˆˆ)1(ˆˆ	NOUN
ajfa-5200	135	5	11211	11211	NUM
ajfa-5200	135	6	+	+	ADV
ajfa-5200	135	7	δ+−+=δ	δ+−+=δ	VERB
ajfa-5200	135	8	−=−−	−=−−	PRON
ajfa-5200	135	9			X
ajfa-5200	135	10	εαερερε	εαερερε	PROPN
ajfa-5200	135	11	(	(	PUNCT
ajfa-5200	135	12	3	3	NUM
ajfa-5200	135	13	)	)	PUNCT
ajfa-5200	135	14	asian	asian	ADJ
ajfa-5200	135	15	journal	journal	NOUN
ajfa-5200	135	16	of	of	ADP
ajfa-5200	135	17	finance	finance	PROPN
ajfa-5200	135	18	&	&	CCONJ
ajfa-5200	135	19	accounting	accounting	PROPN
ajfa-5200	135	20	issn	issn	PROPN
ajfa-5200	135	21	1946	1946	NUM
ajfa-5200	135	22	-	-	PUNCT
ajfa-5200	135	23	052x	052x	PROPN
ajfa-5200	135	24	2014	2014	NUM
ajfa-5200	135	25	,	,	PUNCT
ajfa-5200	135	26	vol	vol	NOUN
ajfa-5200	135	27	.	.	PROPN
ajfa-5200	135	28	6	6	NUM
ajfa-5200	135	29	,	,	PUNCT
ajfa-5200	135	30	no	no	INTJ
ajfa-5200	135	31	.	.	NOUN
ajfa-5200	135	32	1	1	NUM
ajfa-5200	135	33	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5200	135	34	167	167	NUM
ajfa-5200	135	35	where	where	SCONJ
ajfa-5200	135	36	)	)	PUNCT
ajfa-5200	135	37	,	,	PUNCT
ajfa-5200	135	38	0.(	0.(	NUM
ajfa-5200	135	39	..	..	PUNCT
ajfa-5200	135	40	~ˆ	~ˆ	PROPN
ajfa-5200	135	41	2σdiiut	2σdiiut	NUM
ajfa-5200	135	42	,	,	PUNCT
ajfa-5200	135	43	and	and	CCONJ
ajfa-5200	135	44	the	the	DET
ajfa-5200	135	45	lagged	lag	VERB
ajfa-5200	135	46	values	value	NOUN
ajfa-5200	135	47	of	of	ADP
ajfa-5200	135	48	tε̂δ	tε̂δ	PROPN
ajfa-5200	135	49	are	be	AUX
ajfa-5200	135	50	meant	mean	VERB
ajfa-5200	135	51	to	to	PART
ajfa-5200	135	52	yield	yield	VERB
ajfa-5200	135	53	uncorrelated	uncorrelated	ADJ
ajfa-5200	135	54	residuals	residual	NOUN
ajfa-5200	135	55	.	.	PUNCT
ajfa-5200	136	1	as	as	SCONJ
ajfa-5200	136	2	defined	define	VERB
ajfa-5200	136	3	by	by	ADP
ajfa-5200	136	4	enders	ender	NOUN
ajfa-5200	136	5	and	and	CCONJ
ajfa-5200	136	6	granger	granger	PROPN
ajfa-5200	136	7	(	(	PUNCT
ajfa-5200	136	8	1998	1998	NUM
ajfa-5200	136	9	)	)	PUNCT
ajfa-5200	136	10	,	,	PUNCT
ajfa-5200	136	11	the	the	DET
ajfa-5200	136	12	heaviside	heaviside	ADJ
ajfa-5200	136	13	indicator	indicator	NOUN
ajfa-5200	136	14	function	function	NOUN
ajfa-5200	136	15	for	for	ADP
ajfa-5200	136	16	the	the	DET
ajfa-5200	136	17	tar	tar	NOUN
ajfa-5200	136	18	specification	specification	NOUN
ajfa-5200	136	19	is	be	AUX
ajfa-5200	136	20	given	give	VERB
ajfa-5200	136	21	as	as	ADP
ajfa-5200	136	22	:	:	PUNCT
ajfa-5200	136	23			PROPN
ajfa-5200	136	24			NOUN
ajfa-5200	136	25			ADP
ajfa-5200	136	26	<	<	X
ajfa-5200	136	27	≥	≥	X
ajfa-5200	136	28	=	=	SYM
ajfa-5200	136	29	−	−	PROPN
ajfa-5200	136	30	−	−	NOUN
ajfa-5200	136	31	τε	τε	INTJ
ajfa-5200	136	32	τε	τε	X
ajfa-5200	136	33	1	1	NUM
ajfa-5200	136	34	1	1	NUM
ajfa-5200	136	35	ˆ0	ˆ0	NOUN
ajfa-5200	136	36	ˆ1	ˆ1	NOUN
ajfa-5200	136	37	t	t	PROPN
ajfa-5200	136	38	t	t	NOUN
ajfa-5200	136	39	t	t	NOUN
ajfa-5200	136	40	if	if	SCONJ
ajfa-5200	136	41	if	if	SCONJ
ajfa-5200	136	42	i	i	PRON
ajfa-5200	136	43	(	(	PUNCT
ajfa-5200	136	44	4	4	X
ajfa-5200	136	45	)	)	PUNCT
ajfa-5200	136	46	the	the	DET
ajfa-5200	136	47	threshold	threshold	NOUN
ajfa-5200	136	48	value	value	NOUN
ajfa-5200	136	49	,	,	PUNCT
ajfa-5200	136	50	τ	τ	PROPN
ajfa-5200	136	51	,	,	PUNCT
ajfa-5200	136	52	is	be	AUX
ajfa-5200	136	53	endogenously	endogenously	ADV
ajfa-5200	136	54	determined	determined	ADJ
ajfa-5200	136	55	using	use	VERB
ajfa-5200	136	56	the	the	DET
ajfa-5200	136	57	chan	chan	PROPN
ajfa-5200	136	58	’s	’s	PART
ajfa-5200	136	59	(	(	PUNCT
ajfa-5200	136	60	1993	1993	NUM
ajfa-5200	136	61	)	)	PUNCT
ajfa-5200	136	62	procedure	procedure	NOUN
ajfa-5200	136	63	which	which	PRON
ajfa-5200	136	64	obtains	obtain	VERB
ajfa-5200	136	65	τ	τ	X
ajfa-5200	136	66	by	by	ADP
ajfa-5200	136	67	minimizing	minimize	VERB
ajfa-5200	136	68	the	the	DET
ajfa-5200	136	69	sum	sum	NOUN
ajfa-5200	136	70	of	of	ADP
ajfa-5200	136	71	squared	square	VERB
ajfa-5200	136	72	residuals	residual	NOUN
ajfa-5200	136	73	after	after	ADP
ajfa-5200	136	74	sorting	sort	VERB
ajfa-5200	136	75	the	the	DET
ajfa-5200	136	76	estimated	estimate	VERB
ajfa-5200	136	77	residuals	residual	NOUN
ajfa-5200	136	78	in	in	ADP
ajfa-5200	136	79	an	an	DET
ajfa-5200	136	80	ascending	ascend	VERB
ajfa-5200	136	81	order	order	NOUN
ajfa-5200	136	82	,	,	PUNCT
ajfa-5200	136	83	and	and	CCONJ
ajfa-5200	136	84	eliminating	eliminate	VERB
ajfa-5200	136	85	15	15	NUM
ajfa-5200	136	86	percent	percent	NOUN
ajfa-5200	136	87	of	of	ADP
ajfa-5200	136	88	the	the	DET
ajfa-5200	136	89	largest	large	ADJ
ajfa-5200	136	90	and	and	CCONJ
ajfa-5200	136	91	smallest	small	ADJ
ajfa-5200	136	92	values	value	NOUN
ajfa-5200	136	93	.	.	PUNCT
ajfa-5200	137	1	the	the	DET
ajfa-5200	137	2	elimination	elimination	NOUN
ajfa-5200	137	3	of	of	ADP
ajfa-5200	137	4	the	the	DET
ajfa-5200	137	5	largest	large	ADJ
ajfa-5200	137	6	and	and	CCONJ
ajfa-5200	137	7	the	the	DET
ajfa-5200	137	8	smallest	small	ADJ
ajfa-5200	137	9	values	value	NOUN
ajfa-5200	137	10	is	be	AUX
ajfa-5200	137	11	to	to	PART
ajfa-5200	137	12	assure	assure	VERB
ajfa-5200	137	13	that	that	SCONJ
ajfa-5200	137	14	the	the	DET
ajfa-5200	137	15	tε̂	tε̂	PROPN
ajfa-5200	137	16	series	series	NOUN
ajfa-5200	137	17	crosses	cross	VERB
ajfa-5200	137	18	through	through	ADP
ajfa-5200	137	19	the	the	DET
ajfa-5200	137	20	threshold	threshold	NOUN
ajfa-5200	137	21	in	in	ADP
ajfa-5200	137	22	the	the	DET
ajfa-5200	137	23	sample	sample	NOUN
ajfa-5200	137	24	period	period	NOUN
ajfa-5200	137	25	.	.	PUNCT
ajfa-5200	138	1	throughout	throughout	ADP
ajfa-5200	138	2	this	this	DET
ajfa-5200	138	3	study	study	NOUN
ajfa-5200	138	4	,	,	PUNCT
ajfa-5200	138	5	the	the	DET
ajfa-5200	138	6	included	include	VERB
ajfa-5200	138	7	lags	lag	NOUN
ajfa-5200	138	8	are	be	AUX
ajfa-5200	138	9	selected	select	VERB
ajfa-5200	138	10	by	by	ADP
ajfa-5200	138	11	the	the	DET
ajfa-5200	138	12	statistical	statistical	ADJ
ajfa-5200	138	13	significances	significance	NOUN
ajfa-5200	138	14	of	of	ADP
ajfa-5200	138	15	their	their	PRON
ajfa-5200	138	16	estimated	estimate	VERB
ajfa-5200	138	17	coefficients	coefficient	NOUN
ajfa-5200	138	18	as	as	SCONJ
ajfa-5200	138	19	determined	determine	VERB
ajfa-5200	138	20	by	by	ADP
ajfa-5200	138	21	the	the	DET
ajfa-5200	138	22	t	t	PROPN
ajfa-5200	138	23	-	-	PUNCT
ajfa-5200	138	24	statistics	statistic	NOUN
ajfa-5200	138	25	.	.	PUNCT
ajfa-5200	139	1	4.3	4.3	NUM
ajfa-5200	139	2	the	the	DET
ajfa-5200	139	3	asymmetric	asymmetric	ADJ
ajfa-5200	139	4	error	error	NOUN
ajfa-5200	139	5	-	-	PUNCT
ajfa-5200	139	6	correction	correction	NOUN
ajfa-5200	139	7	model	model	NOUN
ajfa-5200	139	8	moreover	moreover	ADV
ajfa-5200	139	9	,	,	PUNCT
ajfa-5200	139	10	to	to	PART
ajfa-5200	139	11	investigate	investigate	VERB
ajfa-5200	139	12	the	the	DET
ajfa-5200	139	13	short	short	ADJ
ajfa-5200	139	14	-	-	PUNCT
ajfa-5200	139	15	run	run	NOUN
ajfa-5200	139	16	asymmetric	asymmetric	ADJ
ajfa-5200	139	17	dynamic	dynamic	ADJ
ajfa-5200	139	18	behavior	behavior	NOUN
ajfa-5200	139	19	between	between	ADP
ajfa-5200	139	20	the	the	DET
ajfa-5200	139	21	stock	stock	NOUN
ajfa-5200	139	22	price	price	NOUN
ajfa-5200	139	23	index	index	NOUN
ajfa-5200	139	24	and	and	CCONJ
ajfa-5200	139	25	the	the	DET
ajfa-5200	139	26	money	money	NOUN
ajfa-5200	139	27	supply	supply	NOUN
ajfa-5200	139	28	m1	m1	NOUN
ajfa-5200	139	29	,	,	PUNCT
ajfa-5200	139	30	this	this	DET
ajfa-5200	139	31	study	study	NOUN
ajfa-5200	139	32	specifies	specifie	NOUN
ajfa-5200	139	33	and	and	CCONJ
ajfa-5200	139	34	estimates	estimate	VERB
ajfa-5200	139	35	the	the	DET
ajfa-5200	139	36	following	follow	VERB
ajfa-5200	139	37	asymmetric	asymmetric	ADJ
ajfa-5200	139	38	error	error	NOUN
ajfa-5200	139	39	-	-	PUNCT
ajfa-5200	139	40	correction	correction	NOUN
ajfa-5200	139	41	model	model	NOUN
ajfa-5200	139	42	.	.	PUNCT
ajfa-5200	140	1	the	the	DET
ajfa-5200	140	2	estimation	estimation	NOUN
ajfa-5200	140	3	results	result	NOUN
ajfa-5200	140	4	of	of	ADP
ajfa-5200	140	5	this	this	DET
ajfa-5200	140	6	model	model	NOUN
ajfa-5200	140	7	can	can	AUX
ajfa-5200	140	8	be	be	AUX
ajfa-5200	140	9	used	use	VERB
ajfa-5200	140	10	to	to	PART
ajfa-5200	140	11	study	study	VERB
ajfa-5200	140	12	the	the	DET
ajfa-5200	140	13	nature	nature	NOUN
ajfa-5200	140	14	of	of	ADP
ajfa-5200	140	15	the	the	DET
ajfa-5200	140	16	granger	granger	PROPN
ajfa-5200	140	17	causality	causality	NOUN
ajfa-5200	140	18	between	between	ADP
ajfa-5200	140	19	the	the	DET
ajfa-5200	140	20	stock	stock	NOUN
ajfa-5200	140	21	price	price	NOUN
ajfa-5200	140	22	index	index	NOUN
ajfa-5200	140	23	and	and	CCONJ
ajfa-5200	140	24	the	the	DET
ajfa-5200	140	25	money	money	NOUN
ajfa-5200	140	26	supply	supply	NOUN
ajfa-5200	140	27	.	.	PUNCT
ajfa-5200	141	1	the	the	DET
ajfa-5200	141	2	empirically	empirically	ADV
ajfa-5200	141	3	determined	determine	VERB
ajfa-5200	141	4	nature	nature	NOUN
ajfa-5200	141	5	of	of	ADP
ajfa-5200	141	6	the	the	DET
ajfa-5200	141	7	granger	granger	PROPN
ajfa-5200	141	8	causality	causality	NOUN
ajfa-5200	141	9	will	will	AUX
ajfa-5200	141	10	help	help	VERB
ajfa-5200	141	11	to	to	PART
ajfa-5200	141	12	empirically	empirically	ADV
ajfa-5200	141	13	evaluate	evaluate	VERB
ajfa-5200	141	14	the	the	DET
ajfa-5200	141	15	neoclassical	neoclassical	ADJ
ajfa-5200	141	16	and	and	CCONJ
ajfa-5200	141	17	post	post	ADJ
ajfa-5200	141	18	-	-	ADJ
ajfa-5200	141	19	keynesian	keynesian	ADJ
ajfa-5200	141	20	hypotheses	hypothesis	NOUN
ajfa-5200	141	21	regarding	regard	VERB
ajfa-5200	141	22	the	the	DET
ajfa-5200	141	23	relationship	relationship	NOUN
ajfa-5200	141	24	between	between	ADP
ajfa-5200	141	25	money	money	NOUN
ajfa-5200	141	26	supply	supply	NOUN
ajfa-5200	141	27	m1	m1	PROPN
ajfa-5200	141	28	and	and	CCONJ
ajfa-5200	141	29	the	the	DET
ajfa-5200	141	30	stock	stock	NOUN
ajfa-5200	141	31	price	price	NOUN
ajfa-5200	141	32	index	index	NOUN
ajfa-5200	141	33	in	in	ADP
ajfa-5200	141	34	the	the	DET
ajfa-5200	141	35	last	last	ADJ
ajfa-5200	141	36	decade	decade	NOUN
ajfa-5200	141	37	of	of	ADP
ajfa-5200	141	38	the	the	DET
ajfa-5200	141	39	vietnamese	vietnamese	ADJ
ajfa-5200	141	40	financial	financial	ADJ
ajfa-5200	141	41	markets	market	NOUN
ajfa-5200	141	42	.	.	PUNCT
ajfa-5200	142	1	additionally	additionally	ADV
ajfa-5200	142	2	,	,	PUNCT
ajfa-5200	142	3	the	the	DET
ajfa-5200	142	4	following	follow	VERB
ajfa-5200	142	5	tar	tar	NOUN
ajfa-5200	142	6	-	-	PUNCT
ajfa-5200	142	7	vec	vec	NOUN
ajfa-5200	142	8	model	model	NOUN
ajfa-5200	142	9	differs	differ	VERB
ajfa-5200	142	10	from	from	ADP
ajfa-5200	142	11	the	the	DET
ajfa-5200	142	12	conventional	conventional	ADJ
ajfa-5200	142	13	error	error	NOUN
ajfa-5200	142	14	-	-	PUNCT
ajfa-5200	142	15	correction	correction	NOUN
ajfa-5200	142	16	models	model	NOUN
ajfa-5200	142	17	by	by	ADP
ajfa-5200	142	18	allowing	allow	VERB
ajfa-5200	142	19	asymmetric	asymmetric	ADJ
ajfa-5200	142	20	adjustments	adjustment	NOUN
ajfa-5200	142	21	toward	toward	ADP
ajfa-5200	142	22	the	the	DET
ajfa-5200	142	23	long	long	ADV
ajfa-5200	142	24	-	-	PUNCT
ajfa-5200	142	25	run	run	NOUN
ajfa-5200	142	26	equilibrium	equilibrium	NOUN
ajfa-5200	142	27	.	.	PUNCT
ajfa-5200	143	1	tit	tit	NOUN
ajfa-5200	144	1	q	q	NOUN
ajfa-5200	145	1	i	i	PRON
ajfa-5200	145	2	iit	iit	PROPN
ajfa-5200	146	1	n	n	CCONJ
ajfa-5200	146	2	i	i	PRON
ajfa-5200	146	3	ittttt	ittttt	VERB
ajfa-5200	146	4	umsepiiep	umsepiiep	PROPN
ajfa-5200	146	5	11112110	11112110	NUM
ajfa-5200	146	6	ˆ)1(ˆ	ˆ)1(ˆ	PROPN
ajfa-5200	147	1	+	+	NOUN
ajfa-5200	147	2	δ+δ+−++=δ	δ+δ+−++=δ	PROPN
ajfa-5200	147	3	−=−=−−	−=−=−−	PROPN
ajfa-5200	147	4			PRON
ajfa-5200	147	5	γαερερα	γαερερα	PROPN
ajfa-5200	147	6	(	(	PUNCT
ajfa-5200	147	7	5	5	NUM
ajfa-5200	147	8	)	)	PUNCT
ajfa-5200	147	9	tit	tit	NOUN
ajfa-5200	148	1	q	q	NOUN
ajfa-5200	148	2	i	i	PRON
ajfa-5200	148	3	iit	iit	PROPN
ajfa-5200	149	1	n	n	CCONJ
ajfa-5200	149	2	i	i	PRON
ajfa-5200	149	3	ittttt	ittttt	VERB
ajfa-5200	149	4	umsepiims	umsepiim	NOUN
ajfa-5200	149	5	21112110	21112110	NUM
ajfa-5200	149	6	~~ˆ)1(~ˆ~~	~~ˆ)1(~ˆ~~	PUNCT
ajfa-5200	150	1	+	+	CCONJ
ajfa-5200	150	2	δ+δ+−++=δ	δ+δ+−++=δ	PROPN
ajfa-5200	150	3	−=−=−−	−=−=−−	SYM
ajfa-5200	150	4			PRON
ajfa-5200	150	5	γαερερα	γαερερα	PROPN
ajfa-5200	150	6	(	(	PUNCT
ajfa-5200	150	7	6	6	NUM
ajfa-5200	150	8	)	)	PUNCT
ajfa-5200	151	1	where	where	SCONJ
ajfa-5200	151	2	)	)	PUNCT
ajfa-5200	151	3	,	,	PUNCT
ajfa-5200	151	4	0.(	0.(	NUM
ajfa-5200	151	5	..	..	PUNCT
ajfa-5200	151	6	~	~	SYM
ajfa-5200	151	7	2	2	NUM
ajfa-5200	151	8	2,1	2,1	NUM
ajfa-5200	151	9	σdiiu	σdiiu	NOUN
ajfa-5200	151	10	t	t	PROPN
ajfa-5200	151	11	and	and	CCONJ
ajfa-5200	151	12	the	the	DET
ajfa-5200	151	13	heaviside	heaviside	ADJ
ajfa-5200	151	14	indicator	indicator	NOUN
ajfa-5200	151	15	function	function	NOUN
ajfa-5200	151	16	is	be	AUX
ajfa-5200	151	17	set	set	VERB
ajfa-5200	151	18	in	in	ADP
ajfa-5200	151	19	accord	accord	NOUN
ajfa-5200	151	20	with	with	ADP
ajfa-5200	151	21	(	(	PUNCT
ajfa-5200	151	22	4	4	NUM
ajfa-5200	151	23	)	)	PUNCT
ajfa-5200	151	24	.	.	PUNCT
ajfa-5200	152	1	this	this	DET
ajfa-5200	152	2	model	model	NOUN
ajfa-5200	152	3	’s	’s	PART
ajfa-5200	152	4	specification	specification	NOUN
ajfa-5200	152	5	recognizes	recognize	VERB
ajfa-5200	152	6	the	the	DET
ajfa-5200	152	7	fact	fact	NOUN
ajfa-5200	152	8	that	that	SCONJ
ajfa-5200	152	9	the	the	DET
ajfa-5200	152	10	stock	stock	NOUN
ajfa-5200	152	11	price	price	NOUN
ajfa-5200	152	12	index	index	NOUN
ajfa-5200	152	13	(	(	PUNCT
ajfa-5200	152	14	i.e.	i.e.	X
ajfa-5200	152	15	the	the	DET
ajfa-5200	152	16	investors	investor	NOUN
ajfa-5200	152	17	,	,	PUNCT
ajfa-5200	152	18	because	because	SCONJ
ajfa-5200	152	19	the	the	DET
ajfa-5200	152	20	investors	investor	NOUN
ajfa-5200	152	21	collectively	collectively	ADV
ajfa-5200	152	22	determine	determine	VERB
ajfa-5200	152	23	the	the	DET
ajfa-5200	152	24	stock	stock	NOUN
ajfa-5200	152	25	prices	price	NOUN
ajfa-5200	152	26	)	)	PUNCT
ajfa-5200	152	27	respond	respond	VERB
ajfa-5200	152	28	differently	differently	ADV
ajfa-5200	152	29	depending	depend	VERB
ajfa-5200	152	30	on	on	ADP
ajfa-5200	152	31	whether	whether	SCONJ
ajfa-5200	152	32	the	the	DET
ajfa-5200	152	33	basis	basis	NOUN
ajfa-5200	152	34	is	be	AUX
ajfa-5200	152	35	widening	widen	VERB
ajfa-5200	152	36	or	or	CCONJ
ajfa-5200	152	37	narrowing	narrowing	NOUN
ajfa-5200	152	38	,	,	PUNCT
ajfa-5200	152	39	i.e.	i.e.	X
ajfa-5200	152	40	contractionay	contractionay	NOUN
ajfa-5200	152	41	or	or	CCONJ
ajfa-5200	152	42	expansionary	expansionary	ADJ
ajfa-5200	152	43	monetary	monetary	ADJ
ajfa-5200	152	44	policy	policy	NOUN
ajfa-5200	152	45	.	.	PUNCT
ajfa-5200	153	1	5	5	X
ajfa-5200	153	2	.	.	X
ajfa-5200	153	3	empirical	empirical	ADJ
ajfa-5200	153	4	results	result	NOUN
ajfa-5200	153	5	5.1	5.1	NUM
ajfa-5200	153	6	results	result	NOUN
ajfa-5200	153	7	of	of	ADP
ajfa-5200	153	8	the	the	DET
ajfa-5200	153	9	test	test	NOUN
ajfa-5200	153	10	for	for	ADP
ajfa-5200	153	11	structural	structural	ADJ
ajfa-5200	153	12	break	break	NOUN
ajfa-5200	153	13	asian	asian	ADJ
ajfa-5200	153	14	journal	journal	NOUN
ajfa-5200	153	15	of	of	ADP
ajfa-5200	153	16	finance	finance	PROPN
ajfa-5200	153	17	&	&	CCONJ
ajfa-5200	153	18	accounting	accounting	PROPN
ajfa-5200	153	19	issn	issn	PROPN
ajfa-5200	153	20	1946	1946	NUM
ajfa-5200	153	21	-	-	PUNCT
ajfa-5200	153	22	052x	052x	PROPN
ajfa-5200	153	23	2014	2014	NUM
ajfa-5200	153	24	,	,	PUNCT
ajfa-5200	153	25	vol	vol	NOUN
ajfa-5200	153	26	.	.	PROPN
ajfa-5200	153	27	6	6	NUM
ajfa-5200	153	28	,	,	PUNCT
ajfa-5200	153	29	no	no	INTJ
ajfa-5200	153	30	.	.	NOUN
ajfa-5200	153	31	1	1	NUM
ajfa-5200	153	32	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-5200	153	33	168	168	NUM
ajfa-5200	153	34	the	the	DET
ajfa-5200	153	35	estimation	estimation	NOUN
ajfa-5200	153	36	results	result	NOUN
ajfa-5200	153	37	of	of	ADP
ajfa-5200	153	38	perron	perron	PROPN
ajfa-5200	153	39	’s	’s	PART
ajfa-5200	153	40	endogenous	endogenous	ADJ
ajfa-5200	153	41	unit	unit	NOUN
ajfa-5200	153	42	root	root	NOUN
ajfa-5200	153	43	tests	test	NOUN
ajfa-5200	153	44	are	be	AUX
ajfa-5200	153	45	summarized	summarize	VERB
ajfa-5200	153	46	in	in	ADP
ajfa-5200	153	47	exhibit	exhibit	NOUN
ajfa-5200	153	48	1	1	NUM
ajfa-5200	153	49	.	.	PUNCT
ajfa-5200	154	1	an	an	DET
ajfa-5200	154	2	analysis	analysis	NOUN
ajfa-5200	154	3	of	of	ADP
ajfa-5200	154	4	the	the	DET
ajfa-5200	154	5	empirical	empirical	ADJ
ajfa-5200	154	6	results	result	NOUN
ajfa-5200	154	7	reveals	reveal	VERB
ajfa-5200	154	8	that	that	SCONJ
ajfa-5200	154	9	the	the	DET
ajfa-5200	154	10	post	post	ADJ
ajfa-5200	154	11	-	-	ADJ
ajfa-5200	154	12	break	break	ADJ
ajfa-5200	154	13	intercept	intercept	NOUN
ajfa-5200	154	14	dummy	dummy	ADJ
ajfa-5200	154	15	variable	variable	NOUN
ajfa-5200	154	16	,	,	PUNCT
ajfa-5200	154	17	du	du	PROPN
ajfa-5200	154	18	,	,	PUNCT
ajfa-5200	154	19	is	be	AUX
ajfa-5200	154	20	positive	positive	ADJ
ajfa-5200	154	21	and	and	CCONJ
ajfa-5200	154	22	is	be	AUX
ajfa-5200	154	23	insignificant	insignificant	ADJ
ajfa-5200	154	24	at	at	ADP
ajfa-5200	154	25	any	any	DET
ajfa-5200	154	26	conventional	conventional	ADJ
ajfa-5200	154	27	level	level	NOUN
ajfa-5200	154	28	.	.	PUNCT
ajfa-5200	155	1	also	also	ADV
ajfa-5200	155	2	,	,	PUNCT
ajfa-5200	155	3	the	the	DET
ajfa-5200	155	4	post	post	ADJ
ajfa-5200	155	5	-	-	ADJ
ajfa-5200	155	6	break	break	ADJ
ajfa-5200	155	7	slope	slope	NOUN
ajfa-5200	155	8	dummy	dummy	ADJ
ajfa-5200	155	9	variable	variable	NOUN
ajfa-5200	155	10	,	,	PUNCT
ajfa-5200	155	11	dt	dt	X
ajfa-5200	155	12	,	,	PUNCT
ajfa-5200	155	13	is	be	AUX
ajfa-5200	155	14	negative	negative	ADJ
ajfa-5200	155	15	and	and	CCONJ
ajfa-5200	155	16	is	be	AUX
ajfa-5200	155	17	significant	significant	ADJ
ajfa-5200	155	18	at	at	ADP
ajfa-5200	155	19	the	the	DET
ajfa-5200	155	20	1	1	NUM
ajfa-5200	155	21	percent	percent	NOUN
ajfa-5200	155	22	significant	significant	ADJ
ajfa-5200	155	23	level	level	NOUN
ajfa-5200	155	24	.	.	PUNCT
ajfa-5200	156	1	the	the	DET
ajfa-5200	156	2	time	time	NOUN
ajfa-5200	156	3	trend	trend	NOUN
ajfa-5200	156	4	is	be	AUX
ajfa-5200	156	5	negative	negative	ADJ
ajfa-5200	156	6	but	but	CCONJ
ajfa-5200	156	7	is	be	AUX
ajfa-5200	156	8	insignificant	insignificant	ADJ
ajfa-5200	156	9	at	at	ADP
ajfa-5200	156	10	any	any	DET
ajfa-5200	156	11	significant	significant	ADJ
ajfa-5200	156	12	level	level	NOUN
ajfa-5200	156	13	.	.	PUNCT
ajfa-5200	157	1	the	the	DET
ajfa-5200	157	2	empirical	empirical	ADJ
ajfa-5200	157	3	results	result	NOUN
ajfa-5200	157	4	of	of	ADP
ajfa-5200	157	5	these	these	DET
ajfa-5200	157	6	tests	test	NOUN
ajfa-5200	157	7	suggest	suggest	VERB
ajfa-5200	157	8	that	that	SCONJ
ajfa-5200	157	9	the	the	DET
ajfa-5200	157	10	spread	spread	NOUN
ajfa-5200	157	11	between	between	ADP
ajfa-5200	157	12	the	the	DET
ajfa-5200	157	13	logarithm	logarithm	NOUN
ajfa-5200	157	14	values	value	NOUN
ajfa-5200	157	15	of	of	ADP
ajfa-5200	157	16	the	the	DET
ajfa-5200	157	17	vietnamese	vietnamese	ADJ
ajfa-5200	157	18	market	market	NOUN
ajfa-5200	157	19	equity	equity	NOUN
ajfa-5200	157	20	index	index	NOUN
ajfa-5200	157	21	and	and	CCONJ
ajfa-5200	157	22	the	the	DET
ajfa-5200	157	23	narrowest	narrow	ADJ
ajfa-5200	157	24	money	money	NOUN
ajfa-5200	157	25	supply	supply	NOUN
ajfa-5200	157	26	m1	m1	PROPN
ajfa-5200	157	27	or	or	CCONJ
ajfa-5200	157	28	the	the	DET
ajfa-5200	157	29	basis	basis	NOUN
ajfa-5200	157	30	followed	follow	VERB
ajfa-5200	157	31	a	a	DET
ajfa-5200	157	32	stationary	stationary	ADJ
ajfa-5200	157	33	process	process	NOUN
ajfa-5200	157	34	with	with	ADP
ajfa-5200	157	35	a	a	DET
ajfa-5200	157	36	break	break	NOUN
ajfa-5200	157	37	date	date	NOUN
ajfa-5200	157	38	of	of	ADP
ajfa-5200	157	39	october	october	PROPN
ajfa-5200	157	40	2006	2006	NUM
ajfa-5200	157	41	,	,	PUNCT
ajfa-5200	157	42	which	which	PRON
ajfa-5200	157	43	may	may	AUX
ajfa-5200	157	44	be	be	AUX
ajfa-5200	157	45	attributable	attributable	ADJ
ajfa-5200	157	46	to	to	ADP
ajfa-5200	157	47	the	the	DET
ajfa-5200	157	48	consequence	consequence	NOUN
ajfa-5200	157	49	of	of	ADP
ajfa-5200	157	50	the	the	DET
ajfa-5200	157	51	aforementioned	aforementioned	ADJ
ajfa-5200	157	52	introductions	introduction	NOUN
ajfa-5200	157	53	of	of	ADP
ajfa-5200	157	54	regulations	regulation	NOUN
ajfa-5200	157	55	into	into	ADP
ajfa-5200	157	56	the	the	DET
ajfa-5200	157	57	equity	equity	NOUN
ajfa-5200	157	58	markets	market	NOUN
ajfa-5200	157	59	earlier	early	ADV
ajfa-5200	157	60	in	in	ADP
ajfa-5200	157	61	the	the	DET
ajfa-5200	157	62	year	year	NOUN
ajfa-5200	157	63	.	.	PUNCT
ajfa-5200	158	1	however	however	ADV
ajfa-5200	158	2	,	,	PUNCT
ajfa-5200	158	3	the	the	DET
ajfa-5200	158	4	4.26660)1	4.26660)1	NUM
ajfa-5200	158	5	(	(	PUNCT
ajfa-5200	158	6	−==αt	−==αt	NOUN
ajfa-5200	158	7	is	be	AUX
ajfa-5200	158	8	not	not	PART
ajfa-5200	158	9	sufficiently	sufficiently	ADV
ajfa-5200	158	10	large	large	ADJ
ajfa-5200	158	11	to	to	PART
ajfa-5200	158	12	confirm	confirm	VERB
ajfa-5200	158	13	the	the	DET
ajfa-5200	158	14	structural	structural	ADJ
ajfa-5200	158	15	break	break	NOUN
ajfa-5200	158	16	.	.	PUNCT
ajfa-5200	159	1	to	to	PART
ajfa-5200	159	2	definitely	definitely	ADV
ajfa-5200	159	3	affirm	affirm	VERB
ajfa-5200	159	4	this	this	DET
ajfa-5200	159	5	break	break	NOUN
ajfa-5200	159	6	,	,	PUNCT
ajfa-5200	159	7	the	the	DET
ajfa-5200	159	8	chow	chow	NOUN
ajfa-5200	159	9	’s	’s	PART
ajfa-5200	159	10	test	test	NOUN
ajfa-5200	159	11	was	be	AUX
ajfa-5200	159	12	carried	carry	VERB
ajfa-5200	159	13	out	out	ADP
ajfa-5200	159	14	and	and	CCONJ
ajfa-5200	159	15	the	the	DET
ajfa-5200	159	16	result	result	NOUN
ajfa-5200	159	17	confirms	confirm	VERB
ajfa-5200	159	18	the	the	DET
ajfa-5200	159	19	suggested	suggest	VERB
ajfa-5200	159	20	date	date	NOUN
ajfa-5200	159	21	of	of	ADP
ajfa-5200	159	22	the	the	DET
ajfa-5200	159	23	structural	structural	ADJ
ajfa-5200	159	24	break	break	NOUN
ajfa-5200	159	25	of	of	ADP
ajfa-5200	159	26	basis	basis	NOUN
ajfa-5200	159	27	.	.	PUNCT
ajfa-5200	160	1	the	the	DET
ajfa-5200	160	2	confirmed	confirm	VERB
ajfa-5200	160	3	structural	structural	ADJ
ajfa-5200	160	4	break	break	NOUN
ajfa-5200	160	5	may	may	AUX
ajfa-5200	160	6	be	be	AUX
ajfa-5200	160	7	attributable	attributable	ADJ
ajfa-5200	160	8	to	to	ADP
ajfa-5200	160	9	the	the	DET
ajfa-5200	160	10	aforementioned	aforementioned	ADJ
ajfa-5200	160	11	revision	revision	NOUN
ajfa-5200	160	12	of	of	ADP
ajfa-5200	160	13	the	the	DET
ajfa-5200	160	14	state	state	PROPN
ajfa-5200	160	15	bank	bank	PROPN
ajfa-5200	160	16	of	of	ADP
ajfa-5200	160	17	vietnam	vietnam	PROPN
ajfa-5200	160	18	’s	’s	PART
ajfa-5200	160	19	monetary	monetary	ADJ
ajfa-5200	160	20	program	program	NOUN
ajfa-5200	160	21	for	for	ADP
ajfa-5200	160	22	2006	2006	NUM
ajfa-5200	160	23	targets	target	VERB
ajfa-5200	160	24	a	a	DET
ajfa-5200	160	25	deceleration	deceleration	NOUN
ajfa-5200	160	26	of	of	ADP
ajfa-5200	160	27	credit	credit	NOUN
ajfa-5200	160	28	growth	growth	NOUN
ajfa-5200	160	29	to	to	ADP
ajfa-5200	160	30	20	20	NUM
ajfa-5200	160	31	percent	percent	NOUN
ajfa-5200	160	32	by	by	ADP
ajfa-5200	160	33	end-2006	end-2006	NOUN
ajfa-5200	160	34	.	.	PUNCT
ajfa-5200	161	1	exhibit	exhibit	VERB
ajfa-5200	161	2	1perron	1perron	NUM
ajfa-5200	161	3	’s	’s	PART
ajfa-5200	161	4	endogenous	endogenous	ADJ
ajfa-5200	161	5	unit	unit	NOUN
ajfa-5200	161	6	root	root	NOUN
ajfa-5200	161	7	test	test	NOUN
ajfa-5200	161	8	,	,	PUNCT
ajfa-5200	161	9	vietnamese	vietnamese	PROPN
ajfa-5200	161	10	data	data	VERB
ajfa-5200	161	11	2000:07	2000:07	ADJ
ajfa-5200	161	12	to	to	ADP
ajfa-5200	161	13	2010:08	2010:08	NUM
ajfa-5200	161	14	notes	note	NOUN
ajfa-5200	161	15	:	:	PUNCT
ajfa-5200	161	16	critical	critical	ADJ
ajfa-5200	161	17	values	value	NOUN
ajfa-5200	161	18	for	for	ADP
ajfa-5200	161	19	t	t	PROPN
ajfa-5200	161	20	-	-	PUNCT
ajfa-5200	161	21	statistics	statistic	NOUN
ajfa-5200	161	22	in	in	ADP
ajfa-5200	161	23	parentheses	parenthesis	NOUN
ajfa-5200	161	24	:	:	PUNCT
ajfa-5200	161	25	critical	critical	ADJ
ajfa-5200	161	26	values	value	NOUN
ajfa-5200	161	27	based	base	VERB
ajfa-5200	161	28	n	n	PROPN
ajfa-5200	161	29	=	=	SYM
ajfa-5200	161	30	100	100	NUM
ajfa-5200	161	31	sample	sample	NOUN
ajfa-5200	161	32	for	for	ADP
ajfa-5200	161	33	the	the	DET
ajfa-5200	161	34	break	break	NOUN
ajfa-5200	161	35	-	-	PUNCT
ajfa-5200	161	36	date	date	NOUN
ajfa-5200	161	37	(	(	PUNCT
ajfa-5200	161	38	perron	perron	PROPN
ajfa-5200	161	39	,	,	PUNCT
ajfa-5200	161	40	1997	1997	NUM
ajfa-5200	161	41	)	)	PUNCT
ajfa-5200	161	42	.	.	PUNCT
ajfa-5200	162	1	“	"	PUNCT
ajfa-5200	162	2	*	*	PUNCT
ajfa-5200	162	3	”	"	PUNCT
ajfa-5200	162	4	indicates	indicate	VERB
ajfa-5200	162	5	significance	significance	NOUN
ajfa-5200	162	6	at	at	ADP
ajfa-5200	162	7	the	the	DET
ajfa-5200	162	8	1	1	NUM
ajfa-5200	162	9	percent	percent	NOUN
ajfa-5200	162	10	level	level	NOUN
ajfa-5200	162	11	.	.	PUNCT
ajfa-5200	163	1	5.2	5.2	NUM
ajfa-5200	163	2	results	result	NOUN
ajfa-5200	163	3	of	of	ADP
ajfa-5200	163	4	cointegration	cointegration	NOUN
ajfa-5200	163	5	test	test	NOUN
ajfa-5200	163	6	with	with	ADP
ajfa-5200	163	7	asymmetric	asymmetric	ADJ
ajfa-5200	163	8	adjustment	adjustment	NOUN
ajfa-5200	163	9	to	to	PART
ajfa-5200	163	10	examine	examine	VERB
ajfa-5200	163	11	whether	whether	SCONJ
ajfa-5200	163	12	or	or	CCONJ
ajfa-5200	163	13	not	not	PART
ajfa-5200	163	14	the	the	DET
ajfa-5200	163	15	logarithmic	logarithmic	ADJ
ajfa-5200	163	16	values	value	NOUN
ajfa-5200	163	17	of	of	ADP
ajfa-5200	163	18	the	the	DET
ajfa-5200	163	19	stock	stock	NOUN
ajfa-5200	163	20	price	price	NOUN
ajfa-5200	163	21	index	index	NOUN
ajfa-5200	163	22	and	and	CCONJ
ajfa-5200	163	23	the	the	DET
ajfa-5200	163	24	money	money	NOUN
ajfa-5200	163	25	supply	supply	NOUN
ajfa-5200	163	26	are	be	AUX
ajfa-5200	163	27	co	co	ADJ
ajfa-5200	163	28	-	-	VERB
ajfa-5200	163	29	integrated	integrate	VERB
ajfa-5200	163	30	when	when	SCONJ
ajfa-5200	163	31	allowing	allow	VERB
ajfa-5200	163	32	for	for	ADP
ajfa-5200	163	33	asymmetric	asymmetric	ADJ
ajfa-5200	163	34	adjustments	adjustment	NOUN
ajfa-5200	163	35	,	,	PUNCT
ajfa-5200	163	36	the	the	DET
ajfa-5200	163	37	spread	spread	NOUN
ajfa-5200	163	38	between	between	ADP
ajfa-5200	163	39	the	the	DET
ajfa-5200	163	40	logarithms	logarithm	NOUN
ajfa-5200	163	41	of	of	ADP
ajfa-5200	163	42	stock	stock	NOUN
ajfa-5200	163	43	price	price	NOUN
ajfa-5200	163	44	index	index	NOUN
ajfa-5200	163	45	and	and	CCONJ
ajfa-5200	163	46	the	the	DET
ajfa-5200	163	47	money	money	NOUN
ajfa-5200	163	48	supply	supply	NOUN
ajfa-5200	163	49	is	be	AUX
ajfa-5200	163	50	regressed	regress	VERB
ajfa-5200	163	51	on	on	ADP
ajfa-5200	163	52	a	a	DET
ajfa-5200	163	53	constant	constant	ADJ
ajfa-5200	163	54	,	,	PUNCT
ajfa-5200	163	55	a	a	DET
ajfa-5200	163	56	linear	linear	ADJ
ajfa-5200	163	57	trend	trend	NOUN
ajfa-5200	163	58	and	and	CCONJ
ajfa-5200	163	59	an	an	DET
ajfa-5200	163	60	intercept	intercept	NOUN
ajfa-5200	163	61	dummy	dummy	NOUN
ajfa-5200	163	62	with	with	ADP
ajfa-5200	163	63	values	value	NOUN
ajfa-5200	163	64	of	of	ADP
ajfa-5200	163	65	zero	zero	NUM
ajfa-5200	163	66	prior	prior	ADV
ajfa-5200	163	67	to	to	ADP
ajfa-5200	163	68	october	october	PROPN
ajfa-5200	163	69	2006	2006	NUM
ajfa-5200	163	70	and	and	CCONJ
ajfa-5200	163	71	values	value	NOUN
ajfa-5200	163	72	of	of	ADP
ajfa-5200	163	73	one	one	NUM
ajfa-5200	163	74	for	for	ADP
ajfa-5200	163	75	october	october	PROPN
ajfa-5200	163	76	2006	2006	NUM
ajfa-5200	163	77	and	and	CCONJ
ajfa-5200	163	78	thereafter	thereafter	ADV
ajfa-5200	163	79	.	.	PUNCT
ajfa-5200	164	1	the	the	DET
ajfa-5200	164	2	estimation	estimation	NOUN
ajfa-5200	164	3	results	result	NOUN
ajfa-5200	164	4	are	be	AUX
ajfa-5200	164	5	reported	report	VERB
ajfa-5200	164	6	in	in	ADP
ajfa-5200	164	7	exhibit	exhibit	NOUN
ajfa-5200	164	8	2	2	NUM
ajfa-5200	164	9	.	.	PUNCT
ajfa-5200	164	10	exhibit	exhibit	PROPN
ajfa-5200	164	11	2estimation	2estimation	PROPN
ajfa-5200	164	12	results	result	NOUN
ajfa-5200	164	13	for	for	ADP
ajfa-5200	164	14	equation	equation	NOUN
ajfa-5200	164	15	,	,	PUNCT
ajfa-5200	164	16	vietnamese	vietnamese	ADJ
ajfa-5200	164	17	data	data	PROPN
ajfa-5200	164	18	,	,	PUNCT
ajfa-5200	164	19	july	july	PROPN
ajfa-5200	164	20	2000	2000	NUM
ajfa-5200	164	21	to	to	ADP
ajfa-5200	164	22	august	august	PROPN
ajfa-5200	164	23	2010	2010	NUM
ajfa-5200	164	24	notes	note	VERB
ajfa-5200	164	25	:	:	PUNCT
ajfa-5200	164	26	“	"	PUNCT
ajfa-5200	164	27	*	*	PUNCT
ajfa-5200	164	28	”	"	PUNCT
ajfa-5200	164	29	indicates	indicate	VERB
ajfa-5200	164	30	significance	significance	NOUN
ajfa-5200	164	31	at	at	ADP
ajfa-5200	164	32	the	the	DET
ajfa-5200	164	33	1	1	NUM
ajfa-5200	164	34	percent	percent	NOUN
ajfa-5200	164	35	level	level	NOUN
ajfa-5200	164	36	.	.	PUNCT
ajfa-5200	165	1	(	(	PUNCT
ajfa-5200	165	2	a	a	X
ajfa-5200	165	3	)	)	PUNCT
ajfa-5200	165	4	as	as	SCONJ
ajfa-5200	165	5	articulated	articulate	VERB
ajfa-5200	165	6	by	by	ADP
ajfa-5200	165	7	enders	ender	NOUN
ajfa-5200	165	8	and	and	CCONJ
ajfa-5200	165	9	siklos	siklo	NOUN
ajfa-5200	165	10	(	(	PUNCT
ajfa-5200	165	11	2001	2001	NUM
ajfa-5200	165	12	,	,	PUNCT
ajfa-5200	165	13	p.	p.	NOUN
ajfa-5200	165	14	166	166	NUM
ajfa-5200	165	15	)	)	PUNCT
ajfa-5200	165	16	,	,	PUNCT
ajfa-5200	165	17	in	in	ADP
ajfa-5200	165	18	this	this	DET
ajfa-5200	165	19	type	type	NOUN
ajfa-5200	165	20	of	of	ADP
ajfa-5200	165	21	model	model	NOUN
ajfa-5200	165	22	specification	specification	NOUN
ajfa-5200	165	23	,	,	PUNCT
ajfa-5200	165	24	tε	tε	PROPN
ajfa-5200	165	25	may	may	AUX
ajfa-5200	165	26	be	be	AUX
ajfa-5200	165	27	contemporaneously	contemporaneously	ADV
ajfa-5200	165	28	correlated	correlate	VERB
ajfa-5200	165	29	.	.	PUNCT
ajfa-5200	166	1	the	the	DET
ajfa-5200	166	2	residuals	residual	NOUN
ajfa-5200	166	3	from	from	ADP
ajfa-5200	166	4	these	these	DET
ajfa-5200	166	5	estimations	estimation	NOUN
ajfa-5200	166	6	are	be	AUX
ajfa-5200	166	7	used	use	VERB
ajfa-5200	166	8	to	to	PART
ajfa-5200	166	9	estimate	estimate	VERB
ajfa-5200	166	10	the	the	DET
ajfa-5200	166	11	tar	tar	NOUN
ajfa-5200	166	12	model	model	NOUN
ajfa-5200	166	13	specified	specify	VERB
ajfa-5200	166	14	by	by	ADP
ajfa-5200	166	15	equations	equation	NOUN
ajfa-5200	166	16	(	(	PUNCT
ajfa-5200	166	17	3	3	NUM
ajfa-5200	166	18	)	)	PUNCT
ajfa-5200	166	19	and	and	CCONJ
ajfa-5200	166	20	(	(	PUNCT
ajfa-5200	166	21	4	4	NUM
ajfa-5200	166	22	)	)	PUNCT
ajfa-5200	166	23	.	.	PUNCT
ajfa-5200	167	1	the	the	DET
ajfa-5200	167	2	estimation	estimation	NOUN
ajfa-5200	167	3	results	result	VERB
ajfa-5200	167	4	for	for	ADP
ajfa-5200	167	5	the	the	DET
ajfa-5200	167	6	tar	tar	NOUN
ajfa-5200	167	7	model	model	NOUN
ajfa-5200	167	8	are	be	AUX
ajfa-5200	167	9	reported	report	VERB
ajfa-5200	167	10	in	in	ADP
ajfa-5200	167	11	exhibit	exhibit	NOUN
ajfa-5200	167	12	3	3	NUM
ajfa-5200	167	13	.	.	PUNCT
ajfa-5200	167	14	ttbt	ttbt	NOUN
ajfa-5200	167	15	sptddttdusp	sptddttdusp	VERB
ajfa-5200	167	16	υ++−−−+=	υ++−−−+=	NOUN
ajfa-5200	167	17	−177954.0)(16207.000639.000007.066238.010621.0	−177954.0)(16207.000639.000007.066238.010621.0	PROPN
ajfa-5200	167	18	(	(	PUNCT
ajfa-5200	167	19	1.86535	1.86535	NUM
ajfa-5200	167	20	)	)	PUNCT
ajfa-5200	167	21	(	(	PUNCT
ajfa-5200	167	22	3.55872	3.55872	NUM
ajfa-5200	167	23	*	*	NUM
ajfa-5200	167	24	)	)	PUNCT
ajfa-5200	167	25	(	(	PUNCT
ajfa-5200	167	26	-0.74365	-0.74365	INTJ
ajfa-5200	167	27	)	)	PUNCT
ajfa-5200	167	28	(	(	PUNCT
ajfa-5200	167	29	-3.52851	-3.52851	NOUN
ajfa-5200	167	30	*	*	NOUN
ajfa-5200	167	31	)	)	PUNCT
ajfa-5200	167	32	(	(	PUNCT
ajfa-5200	167	33	-1.27014	-1.27014	NOUN
ajfa-5200	167	34	)	)	PUNCT
ajfa-5200	167	35	(	(	PUNCT
ajfa-5200	167	36	15.08646	15.08646	NUM
ajfa-5200	167	37	*	*	SYM
ajfa-5200	167	38	)	)	PUNCT
ajfa-5200	167	39	no	no	INTJ
ajfa-5200	167	40	.	.	PUNCT
ajfa-5200	167	41	of	of	ADP
ajfa-5200	167	42	augmented	augment	VERB
ajfa-5200	167	43	lags	lag	NOUN
ajfa-5200	167	44	:	:	PUNCT
ajfa-5200	167	45	=	=	SYM
ajfa-5200	167	46	k	k	NOUN
ajfa-5200	167	47	11	11	NUM
ajfa-5200	167	48	break	break	NOUN
ajfa-5200	167	49	date	date	NOUN
ajfa-5200	167	50	:	:	PUNCT
ajfa-5200	167	51	october	october	PROPN
ajfa-5200	167	52	2006	2006	NUM
ajfa-5200	167	53	4.26660)1	4.26660)1	NUM
ajfa-5200	167	54	(	(	PUNCT
ajfa-5200	167	55	−==αt	−==αt	NOUN
ajfa-5200	167	56	tttt	tttt	NOUN
ajfa-5200	167	57	dummytrendsp	dummytrendsp	NOUN
ajfa-5200	167	58	ε++−=	ε++−=	X
ajfa-5200	167	59	5117.00110.08389.0	5117.00110.08389.0	ADJ
ajfa-5200	167	60	(	(	PUNCT
ajfa-5200	167	61	10.0964	10.0964	NUM
ajfa-5200	167	62	*	*	NUM
ajfa-5200	167	63	)	)	PUNCT
ajfa-5200	167	64	(	(	PUNCT
ajfa-5200	167	65	-6.0062	-6.0062	NOUN
ajfa-5200	167	66	*	*	PUNCT
ajfa-5200	167	67	)	)	PUNCT
ajfa-5200	167	68	(	(	PUNCT
ajfa-5200	167	69	3.8564	3.8564	NUM
ajfa-5200	167	70	*	*	NOUN
ajfa-5200	167	71	)	)	PUNCT
ajfa-5200	167	72	lnl	lnl	PROPN
ajfa-5200	167	73	=	=	PUNCT
ajfa-5200	167	74	-55.4629	-55.4629	SYM
ajfa-5200	167	75	2r	2r	NUM
ajfa-5200	167	76	=	=	SYM
ajfa-5200	167	77	0.2430	0.2430	NUM
ajfa-5200	167	78	dw	dw	NOUN
ajfa-5200	167	79	statistic(a	statistic(a	NOUN
ajfa-5200	167	80	)	)	PUNCT
ajfa-5200	167	81	=	=	PUNCT
ajfa-5200	168	1	0.1246	0.1246	NUM
ajfa-5200	168	2	f	f	X
ajfa-5200	168	3	(	(	PUNCT
ajfa-5200	168	4	2,119	2,119	NUM
ajfa-5200	168	5	)	)	PUNCT
ajfa-5200	168	6	=	=	SYM
ajfa-5200	168	7	20.4171	20.4171	NUM
ajfa-5200	168	8	*	*	PUNCT
ajfa-5200	168	9	asian	asian	ADJ
ajfa-5200	168	10	journal	journal	NOUN
ajfa-5200	168	11	of	of	ADP
ajfa-5200	168	12	finance	finance	PROPN
ajfa-5200	168	13	&	&	CCONJ
ajfa-5200	168	14	accounting	accounting	PROPN
ajfa-5200	168	15	issn	issn	PROPN
ajfa-5200	168	16	1946	1946	NUM
ajfa-5200	168	17	-	-	PUNCT
ajfa-5200	168	18	052x	052x	PROPN
ajfa-5200	168	19	2014	2014	NUM
ajfa-5200	168	20	,	,	PUNCT
ajfa-5200	168	21	vol	vol	NOUN
ajfa-5200	168	22	.	.	PROPN
ajfa-5200	168	23	6	6	NUM
ajfa-5200	168	24	,	,	PUNCT
ajfa-5200	168	25	no	no	INTJ
ajfa-5200	168	26	.	.	NOUN
ajfa-5200	168	27	1	1	NUM
ajfa-5200	168	28	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-5200	168	29	169	169	NUM
ajfa-5200	168	30	over	over	ADP
ajfa-5200	168	31	all	all	PRON
ajfa-5200	168	32	,	,	PUNCT
ajfa-5200	168	33	the	the	DET
ajfa-5200	168	34	empirical	empirical	ADJ
ajfa-5200	168	35	results	result	NOUN
ajfa-5200	168	36	reveal	reveal	VERB
ajfa-5200	168	37	that	that	SCONJ
ajfa-5200	168	38	the	the	DET
ajfa-5200	168	39	null	null	ADJ
ajfa-5200	168	40	hypothesis	hypothesis	NOUN
ajfa-5200	168	41	of	of	ADP
ajfa-5200	168	42	symmetry	symmetry	NOUN
ajfa-5200	168	43	,	,	PUNCT
ajfa-5200	168	44	21	21	NUM
ajfa-5200	168	45	ρρ	ρρ	NOUN
ajfa-5200	168	46	=	=	PUNCT
ajfa-5200	168	47	,	,	PUNCT
ajfa-5200	168	48	is	be	AUX
ajfa-5200	168	49	soundly	soundly	ADV
ajfa-5200	168	50	rejected	reject	VERB
ajfa-5200	168	51	at	at	ADP
ajfa-5200	168	52	the	the	DET
ajfa-5200	168	53	1	1	NUM
ajfa-5200	168	54	percent	percent	NOUN
ajfa-5200	168	55	significant	significant	ADJ
ajfa-5200	168	56	level	level	NOUN
ajfa-5200	168	57	based	base	VERB
ajfa-5200	168	58	on	on	ADP
ajfa-5200	168	59	the	the	DET
ajfa-5200	168	60	partial	partial	ADJ
ajfa-5200	168	61	f	f	PROPN
ajfa-5200	168	62	=	=	SYM
ajfa-5200	168	63	8.1516	8.1516	NUM
ajfa-5200	168	64	,	,	PUNCT
ajfa-5200	168	65	indicating	indicate	VERB
ajfa-5200	168	66	statistically	statistically	ADV
ajfa-5200	168	67	that	that	SCONJ
ajfa-5200	168	68	adjustments	adjustment	NOUN
ajfa-5200	168	69	around	around	ADP
ajfa-5200	168	70	the	the	DET
ajfa-5200	168	71	threshold	threshold	NOUN
ajfa-5200	168	72	value	value	NOUN
ajfa-5200	168	73	of	of	ADP
ajfa-5200	168	74	the	the	DET
ajfa-5200	168	75	basis	basis	NOUN
ajfa-5200	168	76	the	the	DET
ajfa-5200	168	77	difference	difference	NOUN
ajfa-5200	168	78	between	between	ADP
ajfa-5200	168	79	the	the	DET
ajfa-5200	168	80	natural	natural	ADJ
ajfa-5200	168	81	logarithmic	logarithmic	ADJ
ajfa-5200	168	82	values	value	NOUN
ajfa-5200	168	83	of	of	ADP
ajfa-5200	168	84	the	the	DET
ajfa-5200	168	85	vietnamese	vietnamese	ADJ
ajfa-5200	168	86	stock	stock	NOUN
ajfa-5200	168	87	price	price	NOUN
ajfa-5200	168	88	index	index	NOUN
ajfa-5200	168	89	and	and	CCONJ
ajfa-5200	168	90	the	the	DET
ajfa-5200	168	91	money	money	NOUN
ajfa-5200	168	92	supply	supply	VERB
ajfa-5200	168	93	m1the	m1the	NOUN
ajfa-5200	168	94	basis	basis	NOUN
ajfa-5200	168	95	are	be	AUX
ajfa-5200	168	96	asymmetric	asymmetric	ADJ
ajfa-5200	168	97	.	.	PUNCT
ajfa-5200	169	1	additionally	additionally	ADV
ajfa-5200	169	2	,	,	PUNCT
ajfa-5200	169	3	the	the	DET
ajfa-5200	169	4	calculated	calculated	ADJ
ajfa-5200	169	5	statistic	statistic	NOUN
ajfa-5200	169	6	μφ	μφ	ADP
ajfa-5200	169	7	=	=	SYM
ajfa-5200	169	8	5.5591	5.5591	NUM
ajfa-5200	169	9	indicates	indicate	VERB
ajfa-5200	169	10	that	that	SCONJ
ajfa-5200	169	11	the	the	DET
ajfa-5200	169	12	null	null	ADJ
ajfa-5200	169	13	hypothesis	hypothesis	NOUN
ajfa-5200	169	14	of	of	ADP
ajfa-5200	169	15	no	no	DET
ajfa-5200	169	16	co	co	NOUN
ajfa-5200	169	17	-	-	NOUN
ajfa-5200	169	18	integration	integration	NOUN
ajfa-5200	169	19	,	,	PUNCT
ajfa-5200	169	20	021	021	NUM
ajfa-5200	169	21	=	=	NUM
ajfa-5200	169	22	=	=	SYM
ajfa-5200	169	23	ρρ	ρρ	PROPN
ajfa-5200	169	24	,	,	PUNCT
ajfa-5200	169	25	should	should	AUX
ajfa-5200	169	26	also	also	ADV
ajfa-5200	169	27	be	be	AUX
ajfa-5200	169	28	rejected	reject	VERB
ajfa-5200	169	29	at	at	ADP
ajfa-5200	169	30	the	the	DET
ajfa-5200	169	31	1	1	NUM
ajfa-5200	169	32	percent	percent	NOUN
ajfa-5200	169	33	significance	significance	NOUN
ajfa-5200	169	34	level	level	NOUN
ajfa-5200	169	35	,	,	PUNCT
ajfa-5200	169	36	confirming	confirm	VERB
ajfa-5200	169	37	that	that	SCONJ
ajfa-5200	169	38	the	the	DET
ajfa-5200	169	39	basis	basis	NOUN
ajfa-5200	169	40	is	be	AUX
ajfa-5200	169	41	stationary	stationary	ADJ
ajfa-5200	169	42	.	.	PUNCT
ajfa-5200	170	1	with	with	ADP
ajfa-5200	170	2	regard	regard	NOUN
ajfa-5200	170	3	to	to	ADP
ajfa-5200	170	4	the	the	DET
ajfa-5200	170	5	sationarity	sationarity	NOUN
ajfa-5200	170	6	of	of	ADP
ajfa-5200	170	7	the	the	DET
ajfa-5200	170	8	basis	basis	NOUN
ajfa-5200	170	9	,	,	PUNCT
ajfa-5200	170	10	ewing	ewing	NOUN
ajfa-5200	170	11	,	,	PUNCT
ajfa-5200	170	12	et	et	PROPN
ajfa-5200	170	13	al	al	PROPN
ajfa-5200	170	14	.	.	PROPN
ajfa-5200	170	15	(	(	PUNCT
ajfa-5200	170	16	2006	2006	NUM
ajfa-5200	170	17	)	)	PUNCT
ajfa-5200	170	18	pointed	point	VERB
ajfa-5200	170	19	out	out	ADP
ajfa-5200	170	20	that	that	SCONJ
ajfa-5200	170	21	this	this	DET
ajfa-5200	170	22	simple	simple	ADJ
ajfa-5200	170	23	finding	finding	NOUN
ajfa-5200	170	24	of	of	ADP
ajfa-5200	170	25	stationarity	stationarity	NOUN
ajfa-5200	170	26	is	be	AUX
ajfa-5200	170	27	consistent	consistent	ADJ
ajfa-5200	170	28	with	with	ADP
ajfa-5200	170	29	the	the	DET
ajfa-5200	170	30	two	two	NUM
ajfa-5200	170	31	underlying	underlie	VERB
ajfa-5200	170	32	series	series	NOUN
ajfa-5200	170	33	comprising	comprise	VERB
ajfa-5200	170	34	the	the	DET
ajfa-5200	170	35	basis	basis	NOUN
ajfa-5200	170	36	being	be	AUX
ajfa-5200	170	37	co	co	VERB
ajfa-5200	170	38	-	-	VERB
ajfa-5200	170	39	integrated	integrate	VERB
ajfa-5200	170	40	in	in	ADP
ajfa-5200	170	41	the	the	DET
ajfa-5200	170	42	conventional	conventional	ADJ
ajfa-5200	170	43	,	,	PUNCT
ajfa-5200	170	44	linear	linear	ADJ
ajfa-5200	170	45	combination	combination	NOUN
ajfa-5200	170	46	sense	sense	NOUN
ajfa-5200	170	47	.	.	PUNCT
ajfa-5200	171	1	exhibit	exhibit	VERB
ajfa-5200	171	2	3	3	NUM
ajfa-5200	171	3	-	-	PUNCT
ajfa-5200	171	4	unit	unit	NOUN
ajfa-5200	171	5	root	root	NOUN
ajfa-5200	171	6	and	and	CCONJ
ajfa-5200	171	7	tests	test	NOUN
ajfa-5200	171	8	of	of	ADP
ajfa-5200	171	9	asymmetry	asymmetry	NOUN
ajfa-5200	171	10	,	,	PUNCT
ajfa-5200	171	11	vietnamese	vietnamese	PROPN
ajfa-5200	171	12	data	datum	NOUN
ajfa-5200	171	13	july	july	PROPN
ajfa-5200	171	14	2000	2000	NUM
ajfa-5200	171	15	–	–	PUNCT
ajfa-5200	171	16	august	august	PROPN
ajfa-5200	171	17	2010	2010	NUM
ajfa-5200	171	18	1ρ	1ρ	ADJ
ajfa-5200	171	19	2ρ	2ρ	NOUN
ajfa-5200	171	20	τ	τ	X
ajfa-5200	171	21	0	0	NUM
ajfa-5200	171	22	:	:	PUNCT
ajfa-5200	171	23	210	210	NUM
ajfa-5200	171	24	=	=	X
ajfa-5200	171	25	=	=	SYM
ajfa-5200	171	26	ρρh	ρρh	ADJ
ajfa-5200	171	27	210	210	NUM
ajfa-5200	171	28	:	:	PUNCT
ajfa-5200	172	1	ρρ	ρρ	NOUN
ajfa-5200	172	2	=	=	NOUN
ajfa-5200	172	3	h	h	PROPN
ajfa-5200	172	4	aic	aic	PROPN
ajfa-5200	172	5	sic	sic	ADJ
ajfa-5200	172	6	-0.6469	-0.6469	NOUN
ajfa-5200	172	7	*	*	PUNCT
ajfa-5200	172	8	-0.0522	-0.0522	NOUN
ajfa-5200	172	9	0.35107	0.35107	NUM
ajfa-5200	172	10	μφ	μφ	ADP
ajfa-5200	172	11	=	=	SYM
ajfa-5200	173	1	5.5591	5.5591	NUM
ajfa-5200	173	2	*	*	PUNCT
ajfa-5200	173	3	f	f	X
ajfa-5200	173	4	=	=	SYM
ajfa-5200	173	5	8.1516	8.1516	NUM
ajfa-5200	173	6	*	*	PUNCT
ajfa-5200	173	7	-4.1191	-4.1191	PROPN
ajfa-5200	173	8	-4.0030	-4.0030	PROPN
ajfa-5200	173	9	q(12)=12.6100[0.3980	q(12)=12.6100[0.3980	PROPN
ajfa-5200	173	10	]	]	X
ajfa-5200	173	11	ln	ln	PROPN
ajfa-5200	173	12	l	l	NOUN
ajfa-5200	173	13	=	=	SYM
ajfa-5200	173	14	81.8744	81.8744	NUM
ajfa-5200	173	15	f(4,115)=6.5453	f(4,115)=6.5453	NOUN
ajfa-5200	173	16	*	*	NOUN
ajfa-5200	173	17	dw	dw	PROPN
ajfa-5200	173	18	=	=	SYM
ajfa-5200	173	19	2.1125	2.1125	NUM
ajfa-5200	173	20	notes	note	NOUN
ajfa-5200	173	21	:	:	PUNCT
ajfa-5200	173	22	the	the	DET
ajfa-5200	173	23	null	null	ADJ
ajfa-5200	173	24	hypothesis	hypothesis	NOUN
ajfa-5200	173	25	of	of	ADP
ajfa-5200	173	26	a	a	DET
ajfa-5200	173	27	unit	unit	NOUN
ajfa-5200	173	28	root	root	NOUN
ajfa-5200	173	29	,	,	PUNCT
ajfa-5200	173	30	0	0	NUM
ajfa-5200	173	31	:	:	SYM
ajfa-5200	173	32	210	210	NUM
ajfa-5200	174	1	=	=	NOUN
ajfa-5200	174	2	=	=	PUNCT
ajfa-5200	174	3	ρρh	ρρh	ADJ
ajfa-5200	174	4	,	,	PUNCT
ajfa-5200	174	5	uses	use	VERB
ajfa-5200	174	6	the	the	DET
ajfa-5200	174	7	critical	critical	ADJ
ajfa-5200	174	8	values	value	NOUN
ajfa-5200	174	9	from	from	ADP
ajfa-5200	174	10	enders	ender	NOUN
ajfa-5200	174	11	and	and	CCONJ
ajfa-5200	174	12	siklos	siklo	NOUN
ajfa-5200	174	13	(	(	PUNCT
ajfa-5200	174	14	2001	2001	NUM
ajfa-5200	174	15	,	,	PUNCT
ajfa-5200	174	16	p.	p.	NOUN
ajfa-5200	174	17	170	170	NUM
ajfa-5200	174	18	,	,	PUNCT
ajfa-5200	174	19	table	table	NOUN
ajfa-5200	174	20	1	1	NUM
ajfa-5200	174	21	for	for	ADP
ajfa-5200	174	22	four	four	NUM
ajfa-5200	174	23	lagged	lag	VERB
ajfa-5200	174	24	changes	change	NOUN
ajfa-5200	174	25	and	and	CCONJ
ajfa-5200	174	26	n	n	NOUN
ajfa-5200	174	27	=	=	NUM
ajfa-5200	174	28	500	500	NUM
ajfa-5200	174	29	)	)	PUNCT
ajfa-5200	174	30	.	.	PUNCT
ajfa-5200	175	1	*	*	PUNCT
ajfa-5200	175	2	indicates	indicate	VERB
ajfa-5200	175	3	the	the	DET
ajfa-5200	175	4	1	1	NUM
ajfa-5200	175	5	percent	percent	NOUN
ajfa-5200	175	6	level	level	NOUN
ajfa-5200	175	7	of	of	ADP
ajfa-5200	175	8	significance	significance	NOUN
ajfa-5200	175	9	.	.	PUNCT
ajfa-5200	176	1	the	the	DET
ajfa-5200	176	2	null	null	ADJ
ajfa-5200	176	3	hypothesis	hypothesis	NOUN
ajfa-5200	176	4	of	of	ADP
ajfa-5200	176	5	symmetry	symmetry	NOUN
ajfa-5200	176	6	,	,	PUNCT
ajfa-5200	176	7	210	210	NUM
ajfa-5200	176	8	:	:	PUNCT
ajfa-5200	176	9	ρρ	ρρ	NOUN
ajfa-5200	176	10	=	=	NOUN
ajfa-5200	176	11	h	h	NOUN
ajfa-5200	176	12	,	,	PUNCT
ajfa-5200	176	13	uses	use	VERB
ajfa-5200	176	14	the	the	DET
ajfa-5200	176	15	standard	standard	ADJ
ajfa-5200	176	16	f	f	NOUN
ajfa-5200	176	17	distribution	distribution	NOUN
ajfa-5200	176	18	.	.	PUNCT
ajfa-5200	177	1	τ	τ	PROPN
ajfa-5200	177	2	is	be	AUX
ajfa-5200	177	3	the	the	DET
ajfa-5200	177	4	threshold	threshold	NOUN
ajfa-5200	177	5	value	value	NOUN
ajfa-5200	177	6	determined	determine	VERB
ajfa-5200	177	7	via	via	ADP
ajfa-5200	177	8	the	the	DET
ajfa-5200	177	9	chan	chan	PROPN
ajfa-5200	177	10	(	(	PUNCT
ajfa-5200	177	11	1993	1993	NUM
ajfa-5200	177	12	)	)	PUNCT
ajfa-5200	177	13	method	method	NOUN
ajfa-5200	177	14	.	.	PUNCT
ajfa-5200	178	1	q(12	q(12	NOUN
ajfa-5200	178	2	)	)	PUNCT
ajfa-5200	178	3	denotes	denote	VERB
ajfa-5200	178	4	the	the	DET
ajfa-5200	178	5	ljung	ljung	PROPN
ajfa-5200	178	6	-	-	PUNCT
ajfa-5200	178	7	box	box	NOUN
ajfa-5200	178	8	q	q	NOUN
ajfa-5200	178	9	-	-	NOUN
ajfa-5200	178	10	statistic	statistic	NOUN
ajfa-5200	178	11	with	with	ADP
ajfa-5200	178	12	12	12	NUM
ajfa-5200	178	13	lags	lag	NOUN
ajfa-5200	178	14	.	.	PUNCT
ajfa-5200	179	1	these	these	DET
ajfa-5200	179	2	test	test	NOUN
ajfa-5200	179	3	results	result	NOUN
ajfa-5200	179	4	support	support	VERB
ajfa-5200	179	5	the	the	DET
ajfa-5200	179	6	long	long	ADV
ajfa-5200	179	7	held	hold	VERB
ajfa-5200	179	8	theoretical	theoretical	ADJ
ajfa-5200	179	9	articulation	articulation	NOUN
ajfa-5200	179	10	of	of	ADP
ajfa-5200	179	11	the	the	DET
ajfa-5200	179	12	co	co	ADJ
ajfa-5200	179	13	-	-	ADJ
ajfa-5200	179	14	integrating	integrating	ADJ
ajfa-5200	179	15	relationship	relationship	NOUN
ajfa-5200	179	16	between	between	ADP
ajfa-5200	179	17	stock	stock	NOUN
ajfa-5200	179	18	prices	price	NOUN
ajfa-5200	179	19	and	and	CCONJ
ajfa-5200	179	20	money	money	NOUN
ajfa-5200	179	21	supply	supply	NOUN
ajfa-5200	179	22	.	.	PUNCT
ajfa-5200	180	1	the	the	DET
ajfa-5200	180	2	estimation	estimation	NOUN
ajfa-5200	180	3	results	result	NOUN
ajfa-5200	180	4	reveal	reveal	VERB
ajfa-5200	180	5	that	that	SCONJ
ajfa-5200	180	6	1ρ	1ρ	NOUN
ajfa-5200	180	7	is	be	AUX
ajfa-5200	180	8	significant	significant	ADJ
ajfa-5200	180	9	at	at	ADP
ajfa-5200	180	10	the	the	DET
ajfa-5200	180	11	1	1	NUM
ajfa-5200	180	12	percent	percent	NOUN
ajfa-5200	180	13	level	level	NOUN
ajfa-5200	180	14	,	,	PUNCT
ajfa-5200	180	15	while	while	SCONJ
ajfa-5200	180	16	2ρ	2ρ	NOUN
ajfa-5200	180	17	is	be	AUX
ajfa-5200	180	18	statistically	statistically	ADV
ajfa-5200	180	19	insignificant	insignificant	ADJ
ajfa-5200	180	20	at	at	ADP
ajfa-5200	180	21	any	any	DET
ajfa-5200	180	22	conventional	conventional	ADJ
ajfa-5200	180	23	level	level	NOUN
ajfa-5200	180	24	.	.	PUNCT
ajfa-5200	181	1	in	in	ADP
ajfa-5200	181	2	fact	fact	NOUN
ajfa-5200	181	3	,	,	PUNCT
ajfa-5200	181	4	the	the	DET
ajfa-5200	181	5	point	point	NOUN
ajfa-5200	181	6	estimates	estimate	NOUN
ajfa-5200	181	7	suggest	suggest	VERB
ajfa-5200	181	8	that	that	SCONJ
ajfa-5200	181	9	the	the	DET
ajfa-5200	181	10	spread	spread	NOUN
ajfa-5200	181	11	tends	tend	VERB
ajfa-5200	181	12	to	to	PART
ajfa-5200	181	13	decay	decay	VERB
ajfa-5200	181	14	at	at	ADP
ajfa-5200	181	15	the	the	DET
ajfa-5200	181	16	rate	rate	NOUN
ajfa-5200	181	17	of	of	ADP
ajfa-5200	181	18	6469.01	6469.01	NUM
ajfa-5200	181	19	=	=	NOUN
ajfa-5200	181	20	ρ	ρ	NOUN
ajfa-5200	181	21	for	for	ADP
ajfa-5200	181	22	1ˆ	1ˆ	NOUN
ajfa-5200	181	23	−tε	−tε	NUM
ajfa-5200	181	24	above	above	ADP
ajfa-5200	181	25	the	the	DET
ajfa-5200	181	26	threshold	threshold	NOUN
ajfa-5200	181	27	,	,	PUNCT
ajfa-5200	181	28	35107.0	35107.0	NUM
ajfa-5200	181	29	=	=	SYM
ajfa-5200	181	30	τ	τ	PROPN
ajfa-5200	181	31	,	,	PUNCT
ajfa-5200	181	32	and	and	CCONJ
ajfa-5200	181	33	at	at	ADP
ajfa-5200	181	34	the	the	DET
ajfa-5200	181	35	rate	rate	NOUN
ajfa-5200	181	36	of	of	ADP
ajfa-5200	181	37	0522.02	0522.02	NUM
ajfa-5200	181	38	=	=	NUM
ajfa-5200	181	39	ρ	ρ	PROPN
ajfa-5200	181	40	for	for	ADP
ajfa-5200	181	41	1ˆ	1ˆ	NOUN
ajfa-5200	181	42	−tε	−tε	NUM
ajfa-5200	181	43	below	below	ADP
ajfa-5200	181	44	the	the	DET
ajfa-5200	181	45	threshold	threshold	NOUN
ajfa-5200	181	46	.	.	PUNCT
ajfa-5200	182	1	finally	finally	ADV
ajfa-5200	182	2	as	as	SCONJ
ajfa-5200	182	3	mentioned	mention	VERB
ajfa-5200	182	4	above	above	ADV
ajfa-5200	182	5	,	,	PUNCT
ajfa-5200	182	6	the	the	DET
ajfa-5200	182	7	finding	finding	NOUN
ajfa-5200	182	8	of	of	ADP
ajfa-5200	182	9	21	21	NUM
ajfa-5200	182	10	ρρ	ρρ	NOUN
ajfa-5200	182	11	>	>	PUNCT
ajfa-5200	182	12	indicates	indicate	VERB
ajfa-5200	182	13	a	a	DET
ajfa-5200	182	14	faster	fast	ADJ
ajfa-5200	182	15	convergence	convergence	NOUN
ajfa-5200	182	16	for	for	ADP
ajfa-5200	182	17	positive	positive	ADJ
ajfa-5200	182	18	disequilibrium	disequilibrium	NOUN
ajfa-5200	182	19	than	than	ADP
ajfa-5200	182	20	for	for	ADP
ajfa-5200	182	21	negative	negative	ADJ
ajfa-5200	182	22	disequilibrium	disequilibrium	NOUN
ajfa-5200	182	23	.	.	PUNCT
ajfa-5200	183	1	1ˆ	1ˆ	NOUN
ajfa-5200	183	2	−tε	−tε	PROPN
ajfa-5200	183	3	>	>	X
ajfa-5200	183	4	0.35107	0.35107	NUM
ajfa-5200	183	5	is	be	AUX
ajfa-5200	183	6	indicative	indicative	ADJ
ajfa-5200	183	7	that	that	SCONJ
ajfa-5200	183	8	the	the	DET
ajfa-5200	183	9	asian	asian	ADJ
ajfa-5200	183	10	journal	journal	NOUN
ajfa-5200	183	11	of	of	ADP
ajfa-5200	183	12	finance	finance	PROPN
ajfa-5200	183	13	&	&	CCONJ
ajfa-5200	183	14	accounting	accounting	PROPN
ajfa-5200	183	15	issn	issn	PROPN
ajfa-5200	183	16	1946	1946	NUM
ajfa-5200	183	17	-	-	PUNCT
ajfa-5200	183	18	052x	052x	PROPN
ajfa-5200	183	19	2014	2014	NUM
ajfa-5200	183	20	,	,	PUNCT
ajfa-5200	183	21	vol	vol	NOUN
ajfa-5200	183	22	.	.	PROPN
ajfa-5200	183	23	6	6	NUM
ajfa-5200	183	24	,	,	PUNCT
ajfa-5200	183	25	no	no	INTJ
ajfa-5200	183	26	.	.	NOUN
ajfa-5200	183	27	1	1	NUM
ajfa-5200	183	28	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5200	183	29	170	170	NUM
ajfa-5200	183	30	decline	decline	NOUN
ajfa-5200	183	31	in	in	ADP
ajfa-5200	183	32	the	the	DET
ajfa-5200	183	33	money	money	NOUN
ajfa-5200	183	34	supply	supply	NOUN
ajfa-5200	183	35	,	,	PUNCT
ajfa-5200	183	36	as	as	ADP
ajfa-5200	183	37	a	a	DET
ajfa-5200	183	38	result	result	NOUN
ajfa-5200	183	39	of	of	ADP
ajfa-5200	183	40	the	the	DET
ajfa-5200	183	41	contractionary	contractionary	ADJ
ajfa-5200	183	42	monetary	monetary	ADJ
ajfa-5200	183	43	policy	policy	NOUN
ajfa-5200	183	44	,	,	PUNCT
ajfa-5200	183	45	has	have	AUX
ajfa-5200	183	46	widened	widen	VERB
ajfa-5200	183	47	the	the	DET
ajfa-5200	183	48	difference	difference	NOUN
ajfa-5200	183	49	between	between	ADP
ajfa-5200	183	50	the	the	DET
ajfa-5200	183	51	stock	stock	NOUN
ajfa-5200	183	52	price	price	NOUN
ajfa-5200	183	53	and	and	CCONJ
ajfa-5200	183	54	the	the	DET
ajfa-5200	183	55	money	money	NOUN
ajfa-5200	183	56	supply	supply	NOUN
ajfa-5200	183	57	.	.	PUNCT
ajfa-5200	184	1	this	this	DET
ajfa-5200	184	2	widening	widening	NOUN
ajfa-5200	184	3	of	of	ADP
ajfa-5200	184	4	their	their	PRON
ajfa-5200	184	5	basis	basis	NOUN
ajfa-5200	184	6	initiates	initiate	VERB
ajfa-5200	184	7	a	a	DET
ajfa-5200	184	8	downward	downward	ADJ
ajfa-5200	184	9	adjustment	adjustment	NOUN
ajfa-5200	184	10	in	in	ADP
ajfa-5200	184	11	the	the	DET
ajfa-5200	184	12	stock	stock	NOUN
ajfa-5200	184	13	price	price	NOUN
ajfa-5200	184	14	.	.	PUNCT
ajfa-5200	185	1	this	this	DET
ajfa-5200	185	2	result	result	NOUN
ajfa-5200	185	3	implies	imply	VERB
ajfa-5200	185	4	that	that	SCONJ
ajfa-5200	185	5	the	the	DET
ajfa-5200	185	6	stock	stock	NOUN
ajfa-5200	185	7	price	price	NOUN
ajfa-5200	185	8	adjusts	adjust	VERB
ajfa-5200	185	9	faster	fast	ADV
ajfa-5200	185	10	to	to	ADP
ajfa-5200	185	11	the	the	DET
ajfa-5200	185	12	threshold	threshold	NOUN
ajfa-5200	185	13	value	value	NOUN
ajfa-5200	185	14	when	when	SCONJ
ajfa-5200	185	15	the	the	DET
ajfa-5200	185	16	vietnamese	vietnamese	ADJ
ajfa-5200	185	17	central	central	ADJ
ajfa-5200	185	18	bank	bank	PROPN
ajfa-5200	185	19	tightens	tighten	VERB
ajfa-5200	185	20	money	money	NOUN
ajfa-5200	185	21	supply	supply	NOUN
ajfa-5200	185	22	,	,	PUNCT
ajfa-5200	185	23	widening	widen	VERB
ajfa-5200	185	24	the	the	DET
ajfa-5200	185	25	above	above	ADV
ajfa-5200	185	26	defined	define	VERB
ajfa-5200	185	27	basis	basis	NOUN
ajfa-5200	185	28	than	than	ADP
ajfa-5200	185	29	when	when	SCONJ
ajfa-5200	185	30	the	the	DET
ajfa-5200	185	31	authority	authority	NOUN
ajfa-5200	185	32	eases	ease	VERB
ajfa-5200	185	33	the	the	DET
ajfa-5200	185	34	money	money	NOUN
ajfa-5200	185	35	supply	supply	NOUN
ajfa-5200	185	36	,	,	PUNCT
ajfa-5200	185	37	narrowing	narrow	VERB
ajfa-5200	185	38	the	the	DET
ajfa-5200	185	39	basis	basis	NOUN
ajfa-5200	185	40	.	.	PUNCT
ajfa-5200	186	1	these	these	DET
ajfa-5200	186	2	findings	finding	NOUN
ajfa-5200	186	3	suggest	suggest	VERB
ajfa-5200	186	4	that	that	SCONJ
ajfa-5200	186	5	the	the	DET
ajfa-5200	186	6	equity	equity	NOUN
ajfa-5200	186	7	investors	investor	NOUN
ajfa-5200	186	8	and	and	CCONJ
ajfa-5200	186	9	hence	hence	ADV
ajfa-5200	186	10	the	the	DET
ajfa-5200	186	11	stock	stock	NOUN
ajfa-5200	186	12	prices	price	NOUN
ajfa-5200	186	13	are	be	AUX
ajfa-5200	186	14	more	more	ADV
ajfa-5200	186	15	responsive	responsive	ADJ
ajfa-5200	186	16	to	to	ADP
ajfa-5200	186	17	contractionary	contractionary	ADJ
ajfa-5200	186	18	monetary	monetary	ADJ
ajfa-5200	186	19	policy	policy	NOUN
ajfa-5200	186	20	as	as	SCONJ
ajfa-5200	186	21	reflected	reflect	VERB
ajfa-5200	186	22	in	in	ADP
ajfa-5200	186	23	the	the	DET
ajfa-5200	186	24	decline	decline	NOUN
ajfa-5200	186	25	in	in	ADP
ajfa-5200	186	26	the	the	DET
ajfa-5200	186	27	money	money	NOUN
ajfa-5200	186	28	supply	supply	NOUN
ajfa-5200	186	29	m1	m1	NOUN
ajfa-5200	186	30	.	.	PUNCT
ajfa-5200	187	1	these	these	DET
ajfa-5200	187	2	results	result	NOUN
ajfa-5200	187	3	suggest	suggest	VERB
ajfa-5200	187	4	that	that	SCONJ
ajfa-5200	187	5	the	the	DET
ajfa-5200	187	6	monetary	monetary	ADJ
ajfa-5200	187	7	policy	policy	NOUN
ajfa-5200	187	8	affects	affect	VERB
ajfa-5200	187	9	the	the	DET
ajfa-5200	187	10	vietnamese	vietnamese	ADJ
ajfa-5200	187	11	corporations	corporation	NOUN
ajfa-5200	187	12	and	and	CCONJ
ajfa-5200	187	13	hence	hence	ADV
ajfa-5200	187	14	investors	investor	NOUN
ajfa-5200	187	15	differently	differently	ADV
ajfa-5200	187	16	in	in	ADP
ajfa-5200	187	17	different	different	ADJ
ajfa-5200	187	18	phases	phase	NOUN
ajfa-5200	187	19	of	of	ADP
ajfa-5200	187	20	the	the	DET
ajfa-5200	187	21	business	business	NOUN
ajfa-5200	187	22	cycles	cycle	NOUN
ajfa-5200	187	23	in	in	ADP
ajfa-5200	187	24	the	the	DET
ajfa-5200	187	25	long	long	ADJ
ajfa-5200	187	26	run	run	NOUN
ajfa-5200	187	27	.	.	PUNCT
ajfa-5200	188	1	5.3	5.3	NUM
ajfa-5200	188	2	results	result	NOUN
ajfa-5200	188	3	of	of	ADP
ajfa-5200	188	4	the	the	DET
ajfa-5200	188	5	asymmetric	asymmetric	ADJ
ajfa-5200	188	6	error	error	NOUN
ajfa-5200	188	7	-	-	PUNCT
ajfa-5200	188	8	correction	correction	NOUN
ajfa-5200	188	9	models	model	NOUN
ajfa-5200	188	10	exhibit	exhibit	VERB
ajfa-5200	188	11	4	4	NUM
ajfa-5200	188	12	summarizes	summarize	NOUN
ajfa-5200	188	13	the	the	DET
ajfa-5200	188	14	estimation	estimation	NOUN
ajfa-5200	188	15	results	result	VERB
ajfa-5200	188	16	for	for	ADP
ajfa-5200	188	17	the	the	DET
ajfa-5200	188	18	tar	tar	NOUN
ajfa-5200	188	19	-	-	PUNCT
ajfa-5200	188	20	vec	vec	NOUN
ajfa-5200	188	21	model	model	NOUN
ajfa-5200	188	22	specified	specify	VERB
ajfa-5200	188	23	by	by	ADP
ajfa-5200	188	24	equations	equation	NOUN
ajfa-5200	188	25	(	(	PUNCT
ajfa-5200	188	26	5	5	NUM
ajfa-5200	188	27	)	)	PUNCT
ajfa-5200	188	28	and	and	CCONJ
ajfa-5200	188	29	(	(	PUNCT
ajfa-5200	188	30	6	6	X
ajfa-5200	188	31	)	)	PUNCT
ajfa-5200	188	32	using	use	VERB
ajfa-5200	188	33	natural	natural	ADJ
ajfa-5200	188	34	logarithmic	logarithmic	ADJ
ajfa-5200	188	35	values	value	NOUN
ajfa-5200	188	36	of	of	ADP
ajfa-5200	188	37	the	the	DET
ajfa-5200	188	38	vietnamese	vietnamese	ADJ
ajfa-5200	188	39	stock	stock	NOUN
ajfa-5200	188	40	price	price	NOUN
ajfa-5200	188	41	index	index	NOUN
ajfa-5200	188	42	and	and	CCONJ
ajfa-5200	188	43	the	the	DET
ajfa-5200	188	44	monthly	monthly	ADJ
ajfa-5200	188	45	money	money	NOUN
ajfa-5200	188	46	supply	supply	NOUN
ajfa-5200	188	47	m1	m1	NOUN
ajfa-5200	188	48	.	.	PUNCT
ajfa-5200	189	1	in	in	ADP
ajfa-5200	189	2	the	the	DET
ajfa-5200	189	3	summary	summary	NOUN
ajfa-5200	189	4	of	of	ADP
ajfa-5200	189	5	the	the	DET
ajfa-5200	189	6	estimation	estimation	NOUN
ajfa-5200	189	7	results	result	NOUN
ajfa-5200	189	8	,	,	PUNCT
ajfa-5200	189	9	the	the	DET
ajfa-5200	189	10	partial	partial	ADJ
ajfa-5200	189	11	fij	fij	PROPN
ajfa-5200	189	12	represents	represent	VERB
ajfa-5200	189	13	the	the	DET
ajfa-5200	189	14	calculated	calculated	ADJ
ajfa-5200	189	15	partial	partial	ADJ
ajfa-5200	189	16	f	f	NOUN
ajfa-5200	189	17	-	-	PUNCT
ajfa-5200	189	18	statistic	statistic	NOUN
ajfa-5200	189	19	with	with	ADP
ajfa-5200	189	20	the	the	DET
ajfa-5200	189	21	p	p	NOUN
ajfa-5200	189	22	-	-	PUNCT
ajfa-5200	189	23	value	value	NOUN
ajfa-5200	189	24	in	in	ADP
ajfa-5200	189	25	square	square	ADJ
ajfa-5200	189	26	brackets	bracket	NOUN
ajfa-5200	189	27	testing	test	VERB
ajfa-5200	189	28	the	the	DET
ajfa-5200	189	29	null	null	ADJ
ajfa-5200	189	30	hypothesis	hypothesis	NOUN
ajfa-5200	189	31	that	that	PRON
ajfa-5200	189	32	all	all	DET
ajfa-5200	189	33	coefficients	coefficient	NOUN
ajfa-5200	189	34	ij	ij	INTJ
ajfa-5200	189	35	are	be	AUX
ajfa-5200	189	36	equal	equal	ADJ
ajfa-5200	189	37	to	to	ADP
ajfa-5200	189	38	zero	zero	NUM
ajfa-5200	189	39	.	.	PUNCT
ajfa-5200	190	1	“	"	PUNCT
ajfa-5200	190	2	*	*	PUNCT
ajfa-5200	190	3	”	"	PUNCT
ajfa-5200	190	4	indicates	indicate	VERB
ajfa-5200	190	5	the	the	DET
ajfa-5200	190	6	1	1	NUM
ajfa-5200	190	7	percent	percent	NOUN
ajfa-5200	190	8	significant	significant	ADJ
ajfa-5200	190	9	level	level	NOUN
ajfa-5200	190	10	of	of	ADP
ajfa-5200	190	11	the	the	DET
ajfa-5200	190	12	t	t	PROPN
ajfa-5200	190	13	-	-	PUNCT
ajfa-5200	190	14	statistic	statistic	NOUN
ajfa-5200	190	15	.	.	PUNCT
ajfa-5200	191	1	qlb	qlb	PROPN
ajfa-5200	191	2	(	(	PUNCT
ajfa-5200	191	3	12	12	NUM
ajfa-5200	191	4	)	)	PUNCT
ajfa-5200	191	5	is	be	AUX
ajfa-5200	191	6	the	the	DET
ajfa-5200	191	7	ljung	ljung	ADJ
ajfa-5200	191	8	-	-	PUNCT
ajfa-5200	191	9	box	box	NOUN
ajfa-5200	191	10	statistic	statistic	NOUN
ajfa-5200	191	11	and	and	CCONJ
ajfa-5200	191	12	its	its	PRON
ajfa-5200	191	13	significance	significance	NOUN
ajfa-5200	191	14	is	be	AUX
ajfa-5200	191	15	in	in	ADP
ajfa-5200	191	16	square	square	ADJ
ajfa-5200	191	17	brackets	bracket	NOUN
ajfa-5200	191	18	,	,	PUNCT
ajfa-5200	191	19	testing	test	VERB
ajfa-5200	191	20	for	for	ADP
ajfa-5200	191	21	the	the	DET
ajfa-5200	191	22	first	first	ADJ
ajfa-5200	191	23	twelve	twelve	NUM
ajfa-5200	191	24	of	of	ADP
ajfa-5200	191	25	the	the	DET
ajfa-5200	191	26	residual	residual	ADJ
ajfa-5200	191	27	autocorrelations	autocorrelation	NOUN
ajfa-5200	191	28	to	to	PART
ajfa-5200	191	29	be	be	AUX
ajfa-5200	191	30	jointly	jointly	ADV
ajfa-5200	191	31	equal	equal	ADJ
ajfa-5200	191	32	to	to	ADP
ajfa-5200	191	33	zero	zero	NUM
ajfa-5200	191	34	.	.	PUNCT
ajfa-5200	192	1	lnl	lnl	PROPN
ajfa-5200	192	2	is	be	AUX
ajfa-5200	192	3	the	the	DET
ajfa-5200	192	4	log	log	NOUN
ajfa-5200	192	5	likelihood	likelihood	NOUN
ajfa-5200	192	6	.	.	PUNCT
ajfa-5200	193	1	the	the	DET
ajfa-5200	193	2	overall	overall	ADJ
ajfa-5200	193	3	f	f	NOUN
ajfa-5200	193	4	-	-	PUNCT
ajfa-5200	193	5	statistic	statistic	NOUN
ajfa-5200	193	6	with	with	ADP
ajfa-5200	193	7	the	the	DET
ajfa-5200	193	8	p	p	NOUN
ajfa-5200	193	9	-	-	PUNCT
ajfa-5200	193	10	value	value	NOUN
ajfa-5200	193	11	in	in	ADP
ajfa-5200	193	12	square	square	ADJ
ajfa-5200	193	13	brackets	bracket	NOUN
ajfa-5200	193	14	tests	test	VERB
ajfa-5200	193	15	the	the	DET
ajfa-5200	193	16	overall	overall	ADJ
ajfa-5200	193	17	fitness	fitness	NOUN
ajfa-5200	193	18	of	of	ADP
ajfa-5200	193	19	the	the	DET
ajfa-5200	193	20	model	model	NOUN
ajfa-5200	193	21	.	.	PUNCT
ajfa-5200	194	1	the	the	DET
ajfa-5200	194	2	retained	retain	VERB
ajfa-5200	194	3	estimated	estimate	VERB
ajfa-5200	194	4	coefficients	coefficient	NOUN
ajfa-5200	194	5	iα	iα	VERB
ajfa-5200	194	6	,	,	PUNCT
ajfa-5200	194	7	iγ	iγ	INTJ
ajfa-5200	194	8	,	,	PUNCT
ajfa-5200	194	9	iα~	iα~	PROPN
ajfa-5200	194	10	,	,	PUNCT
ajfa-5200	194	11	and	and	CCONJ
ajfa-5200	194	12	iγ~	iγ~	PROPN
ajfa-5200	194	13	are	be	AUX
ajfa-5200	194	14	based	base	VERB
ajfa-5200	194	15	on	on	ADP
ajfa-5200	194	16	the	the	DET
ajfa-5200	194	17	5	5	NUM
ajfa-5200	194	18	percent	percent	NOUN
ajfa-5200	194	19	level	level	NOUN
ajfa-5200	194	20	of	of	ADP
ajfa-5200	194	21	significance	significance	NOUN
ajfa-5200	194	22	of	of	ADP
ajfa-5200	194	23	the	the	DET
ajfa-5200	194	24	calculated	calculated	ADJ
ajfa-5200	194	25	t	t	PROPN
ajfa-5200	194	26	-	-	PUNCT
ajfa-5200	194	27	statistics	statistic	NOUN
ajfa-5200	194	28	.	.	PUNCT
ajfa-5200	195	1	an	an	DET
ajfa-5200	195	2	analysis	analysis	NOUN
ajfa-5200	195	3	of	of	ADP
ajfa-5200	195	4	the	the	DET
ajfa-5200	195	5	overall	overall	ADJ
ajfa-5200	195	6	empirical	empirical	ADJ
ajfa-5200	195	7	results	result	NOUN
ajfa-5200	195	8	indicates	indicate	VERB
ajfa-5200	195	9	that	that	SCONJ
ajfa-5200	195	10	the	the	DET
ajfa-5200	195	11	estimated	estimate	VERB
ajfa-5200	195	12	equations	equation	NOUN
ajfa-5200	195	13	(	(	PUNCT
ajfa-5200	195	14	5	5	NUM
ajfa-5200	195	15	)	)	PUNCT
ajfa-5200	195	16	and	and	CCONJ
ajfa-5200	195	17	(	(	PUNCT
ajfa-5200	195	18	6	6	NUM
ajfa-5200	195	19	)	)	PUNCT
ajfa-5200	195	20	are	be	AUX
ajfa-5200	195	21	absent	absent	ADJ
ajfa-5200	195	22	of	of	ADP
ajfa-5200	195	23	serial	serial	ADJ
ajfa-5200	195	24	correlation	correlation	NOUN
ajfa-5200	195	25	and	and	CCONJ
ajfa-5200	195	26	have	have	VERB
ajfa-5200	195	27	good	good	ADJ
ajfa-5200	195	28	predicting	predicting	NOUN
ajfa-5200	195	29	power	power	NOUN
ajfa-5200	195	30	as	as	SCONJ
ajfa-5200	195	31	evidenced	evidence	VERB
ajfa-5200	195	32	by	by	ADP
ajfa-5200	195	33	the	the	DET
ajfa-5200	195	34	ljung	ljung	PROPN
ajfa-5200	195	35	-	-	PUNCT
ajfa-5200	195	36	box	box	NOUN
ajfa-5200	195	37	statistics	statistic	NOUN
ajfa-5200	195	38	and	and	CCONJ
ajfa-5200	195	39	the	the	DET
ajfa-5200	195	40	overall	overall	ADJ
ajfa-5200	195	41	f	f	PROPN
ajfa-5200	195	42	-	-	PUNCT
ajfa-5200	195	43	statistics	statistic	NOUN
ajfa-5200	195	44	,	,	PUNCT
ajfa-5200	195	45	respectively	respectively	ADV
ajfa-5200	195	46	.	.	PUNCT
ajfa-5200	196	1	as	as	ADP
ajfa-5200	196	2	to	to	ADP
ajfa-5200	196	3	the	the	DET
ajfa-5200	196	4	long	long	ADV
ajfa-5200	196	5	-	-	PUNCT
ajfa-5200	196	6	run	run	NOUN
ajfa-5200	196	7	adjustment	adjustment	NOUN
ajfa-5200	196	8	,	,	PUNCT
ajfa-5200	196	9	the	the	DET
ajfa-5200	196	10	statistical	statistical	ADJ
ajfa-5200	196	11	significances	significance	NOUN
ajfa-5200	196	12	of	of	ADP
ajfa-5200	196	13	the	the	DET
ajfa-5200	196	14	error	error	NOUN
ajfa-5200	196	15	correction	correction	NOUN
ajfa-5200	196	16	terms	term	NOUN
ajfa-5200	196	17	and	and	CCONJ
ajfa-5200	196	18	21	21	NUM
ajfa-5200	196	19	ρρ	ρρ	NOUN
ajfa-5200	196	20	>	>	X
ajfa-5200	196	21	in	in	ADP
ajfa-5200	196	22	equation	equation	NOUN
ajfa-5200	196	23	(	(	PUNCT
ajfa-5200	196	24	5	5	NUM
ajfa-5200	196	25	)	)	PUNCT
ajfa-5200	196	26	indicate	indicate	VERB
ajfa-5200	196	27	that	that	SCONJ
ajfa-5200	196	28	the	the	DET
ajfa-5200	196	29	stock	stock	NOUN
ajfa-5200	196	30	price	price	NOUN
ajfa-5200	196	31	asymmetrically	asymmetrically	ADV
ajfa-5200	196	32	responds	respond	VERB
ajfa-5200	196	33	to	to	ADP
ajfa-5200	196	34	negative	negative	ADJ
ajfa-5200	196	35	and	and	CCONJ
ajfa-5200	196	36	positive	positive	ADJ
ajfa-5200	196	37	spreads	spread	NOUN
ajfa-5200	196	38	.	.	PUNCT
ajfa-5200	197	1	in	in	ADP
ajfa-5200	197	2	fact	fact	NOUN
ajfa-5200	197	3	,	,	PUNCT
ajfa-5200	197	4	estimation	estimation	NOUN
ajfa-5200	197	5	results	result	NOUN
ajfa-5200	197	6	of	of	ADP
ajfa-5200	197	7	the	the	DET
ajfa-5200	197	8	tar	tar	NOUN
ajfa-5200	197	9	-	-	PUNCT
ajfa-5200	197	10	vec	vec	NOUN
ajfa-5200	197	11	reveal	reveal	VERB
ajfa-5200	197	12	that	that	SCONJ
ajfa-5200	197	13	stock	stock	NOUN
ajfa-5200	197	14	price	price	NOUN
ajfa-5200	197	15	reverses	reverse	VERB
ajfa-5200	197	16	to	to	ADP
ajfa-5200	197	17	the	the	DET
ajfa-5200	197	18	long	long	ADV
ajfa-5200	197	19	-	-	PUNCT
ajfa-5200	197	20	run	run	VERB
ajfa-5200	197	21	equilibrium	equilibrium	NOUN
ajfa-5200	197	22	faster	fast	ADV
ajfa-5200	197	23	when	when	SCONJ
ajfa-5200	197	24	the	the	DET
ajfa-5200	197	25	vietnamese	vietnamese	ADJ
ajfa-5200	197	26	central	central	ADJ
ajfa-5200	197	27	bank	bank	PROPN
ajfa-5200	197	28	tightens	tighten	VERB
ajfa-5200	197	29	the	the	DET
ajfa-5200	197	30	money	money	NOUN
ajfa-5200	197	31	supply	supply	NOUN
ajfa-5200	197	32	m1	m1	NOUN
ajfa-5200	197	33	,	,	PUNCT
ajfa-5200	197	34	widening	widen	VERB
ajfa-5200	197	35	the	the	DET
ajfa-5200	197	36	basis	basis	NOUN
ajfa-5200	197	37	compared	compare	VERB
ajfa-5200	197	38	to	to	PART
ajfa-5200	197	39	ease	ease	VERB
ajfa-5200	197	40	monetary	monetary	ADJ
ajfa-5200	197	41	policy	policy	NOUN
ajfa-5200	197	42	actions	action	NOUN
ajfa-5200	197	43	.	.	PUNCT
ajfa-5200	198	1	with	with	ADP
ajfa-5200	198	2	regard	regard	NOUN
ajfa-5200	198	3	to	to	ADP
ajfa-5200	198	4	the	the	DET
ajfa-5200	198	5	long	long	ADJ
ajfa-5200	198	6	-	-	PUNCT
ajfa-5200	198	7	term	term	NOUN
ajfa-5200	198	8	money	money	NOUN
ajfa-5200	198	9	supply	supply	NOUN
ajfa-5200	198	10	m1	m1	NOUN
ajfa-5200	198	11	,	,	PUNCT
ajfa-5200	198	12	the	the	DET
ajfa-5200	198	13	estimation	estimation	NOUN
ajfa-5200	198	14	results	result	NOUN
ajfa-5200	198	15	of	of	ADP
ajfa-5200	198	16	equation	equation	NOUN
ajfa-5200	198	17	(	(	PUNCT
ajfa-5200	198	18	6	6	NUM
ajfa-5200	198	19	)	)	PUNCT
ajfa-5200	198	20	show	show	NOUN
ajfa-5200	198	21	|	|	ADV
ajfa-5200	198	22	2	2	NUM
ajfa-5200	198	23	~ρ	~ρ	NUM
ajfa-5200	198	24	|	|	ADV
ajfa-5200	198	25	<	<	X
ajfa-5200	198	26	|~|	|~|	PROPN
ajfa-5200	198	27	1ρ	1ρ	PROPN
ajfa-5200	198	28	.	.	PUNCT
ajfa-5200	199	1	however	however	ADV
ajfa-5200	199	2	,	,	PUNCT
ajfa-5200	199	3	both	both	DET
ajfa-5200	199	4	|	|	ADV
ajfa-5200	199	5	1	1	NUM
ajfa-5200	199	6	~ρ	~ρ	NUM
ajfa-5200	199	7	|	|	ADV
ajfa-5200	199	8	and	and	CCONJ
ajfa-5200	199	9	|~|	|~|	PROPN
ajfa-5200	199	10	2ρ	2ρ	NOUN
ajfa-5200	199	11	are	be	AUX
ajfa-5200	199	12	not	not	PART
ajfa-5200	199	13	statistically	statistically	ADV
ajfa-5200	199	14	significant	significant	ADJ
ajfa-5200	199	15	at	at	ADP
ajfa-5200	199	16	any	any	DET
ajfa-5200	199	17	conventional	conventional	ADJ
ajfa-5200	199	18	level	level	NOUN
ajfa-5200	199	19	,	,	PUNCT
ajfa-5200	199	20	indicating	indicate	VERB
ajfa-5200	199	21	that	that	SCONJ
ajfa-5200	199	22	the	the	DET
ajfa-5200	199	23	money	money	NOUN
ajfa-5200	199	24	supply	supply	NOUN
ajfa-5200	199	25	does	do	AUX
ajfa-5200	199	26	not	not	PART
ajfa-5200	199	27	respond	respond	VERB
ajfa-5200	199	28	to	to	ADP
ajfa-5200	199	29	either	either	CCONJ
ajfa-5200	199	30	the	the	DET
ajfa-5200	199	31	widening	widening	NOUN
ajfa-5200	199	32	or	or	CCONJ
ajfa-5200	199	33	the	the	DET
ajfa-5200	199	34	narrowing	narrowing	NOUN
ajfa-5200	199	35	of	of	ADP
ajfa-5200	199	36	the	the	DET
ajfa-5200	199	37	spread	spread	NOUN
ajfa-5200	199	38	between	between	ADP
ajfa-5200	199	39	stock	stock	NOUN
ajfa-5200	199	40	price	price	NOUN
ajfa-5200	199	41	and	and	CCONJ
ajfa-5200	199	42	the	the	DET
ajfa-5200	199	43	money	money	NOUN
ajfa-5200	199	44	supply	supply	NOUN
ajfa-5200	199	45	in	in	ADP
ajfa-5200	199	46	the	the	DET
ajfa-5200	199	47	long	long	ADJ
ajfa-5200	199	48	run	run	NOUN
ajfa-5200	199	49	.	.	PUNCT
ajfa-5200	200	1	these	these	DET
ajfa-5200	200	2	empirical	empirical	ADJ
ajfa-5200	200	3	findings	finding	NOUN
ajfa-5200	200	4	suggest	suggest	VERB
ajfa-5200	200	5	that	that	SCONJ
ajfa-5200	200	6	vietnamese	vietnamese	ADJ
ajfa-5200	200	7	monetary	monetary	ADJ
ajfa-5200	200	8	policy	policy	NOUN
ajfa-5200	200	9	makers	maker	NOUN
ajfa-5200	200	10	have	have	AUX
ajfa-5200	200	11	not	not	PART
ajfa-5200	200	12	been	be	AUX
ajfa-5200	200	13	sensitive	sensitive	ADJ
ajfa-5200	200	14	to	to	ADP
ajfa-5200	200	15	equity	equity	NOUN
ajfa-5200	200	16	market	market	NOUN
ajfa-5200	200	17	in	in	ADP
ajfa-5200	200	18	the	the	DET
ajfa-5200	200	19	long	long	ADJ
ajfa-5200	200	20	run	run	NOUN
ajfa-5200	200	21	.	.	PUNCT
ajfa-5200	201	1	asian	asian	ADJ
ajfa-5200	201	2	journal	journal	PROPN
ajfa-5200	201	3	of	of	ADP
ajfa-5200	201	4	finance	finance	PROPN
ajfa-5200	201	5	&	&	CCONJ
ajfa-5200	201	6	accounting	accounting	PROPN
ajfa-5200	201	7	issn	issn	PROPN
ajfa-5200	201	8	1946	1946	NUM
ajfa-5200	201	9	-	-	PUNCT
ajfa-5200	201	10	052x	052x	PROPN
ajfa-5200	201	11	2014	2014	NUM
ajfa-5200	201	12	,	,	PUNCT
ajfa-5200	201	13	vol	vol	NOUN
ajfa-5200	201	14	.	.	PROPN
ajfa-5200	202	1	6	6	NUM
ajfa-5200	202	2	,	,	PUNCT
ajfa-5200	202	3	no	no	INTJ
ajfa-5200	202	4	.	.	NOUN
ajfa-5200	202	5	1	1	NUM
ajfa-5200	202	6	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-5200	202	7	171	171	NUM
ajfa-5200	202	8	exhibit	exhibit	VERB
ajfa-5200	202	9	4asymmetric	4asymmetric	NUM
ajfa-5200	202	10	error	error	NOUN
ajfa-5200	202	11	correction	correction	NOUN
ajfa-5200	202	12	model	model	NOUN
ajfa-5200	202	13	,	,	PUNCT
ajfa-5200	202	14	vietnamese	vietnamese	ADJ
ajfa-5200	202	15	monthly	monthly	ADJ
ajfa-5200	202	16	data	datum	NOUN
ajfa-5200	202	17	,	,	PUNCT
ajfa-5200	202	18	2000:07	2000:07	NUM
ajfa-5200	202	19	-	-	PUNCT
ajfa-5200	202	20	2010:08	2010:08	NUM
ajfa-5200	202	21	eq	eq	NOUN
ajfa-5200	202	22	.	.	PUNCT
ajfa-5200	203	1	(	(	PUNCT
ajfa-5200	203	2	5	5	X
ajfa-5200	203	3	)	)	PUNCT
ajfa-5200	203	4	independent	independent	ADJ
ajfa-5200	203	5	variables	variable	NOUN
ajfa-5200	203	6	overall	overall	ADJ
ajfa-5200	203	7	000]7.8268[0.0)88,11	000]7.8268[0.0)88,11	NOUN
ajfa-5200	203	8	(	(	PUNCT
ajfa-5200	203	9	=	=	NOUN
ajfa-5200	203	10	f	f	X
ajfa-5200	203	11	;	;	PUNCT
ajfa-5200	203	12	lnl=	lnl=	NUM
ajfa-5200	203	13	107.3700	107.3700	NUM
ajfa-5200	203	14	;	;	PUNCT
ajfa-5200	203	15	)	)	PUNCT
ajfa-5200	203	16	12(q	12(q	NUM
ajfa-5200	204	1	=	=	SYM
ajfa-5200	204	2	6.47201[0.8905	6.47201[0.8905	PROPN
ajfa-5200	204	3	]	]	PUNCT
ajfa-5200	204	4	;	;	PUNCT
ajfa-5200	204	5	2r	2r	NUM
ajfa-5200	204	6	=	=	SYM
ajfa-5200	204	7	0.4314	0.4314	NUM
ajfa-5200	204	8	tepδ	tepδ	NOUN
ajfa-5200	204	9	021191191	021191191	NUM
ajfa-5200	205	1	=	=	PUNCT
ajfa-5200	205	2	=	=	SYM
ajfa-5200	205	3	=	=	SYM
ajfa-5200	205	4	=	=	SYM
ajfa-5200	205	5	=	=	NOUN
ajfa-5200	205	6	ααααα	ααααα	NOUN
ajfa-5200	205	7	0201981	0201981	NUM
ajfa-5200	206	1	=	=	X
ajfa-5200	206	2	=	=	SYM
ajfa-5200	206	3	=	=	SYM
ajfa-5200	206	4	=	=	X
ajfa-5200	206	5	γγγγ	γγγγ	VERB
ajfa-5200	206	6	1ρ	1ρ	ADJ
ajfa-5200	206	7	2ρ	2ρ	NUM
ajfa-5200	206	8	partial	partial	ADJ
ajfa-5200	206	9	f11	f11	NOUN
ajfa-5200	206	10	=	=	SYM
ajfa-5200	206	11	9.4280[0.000	9.4280[0.000	NUM
ajfa-5200	206	12	]	]	X
ajfa-5200	206	13	partial	partial	ADJ
ajfa-5200	206	14	f12	f12	NOUN
ajfa-5200	206	15	=	=	SYM
ajfa-5200	206	16	8.5329[0	8.5329[0	NUM
ajfa-5200	206	17	.	.	NOUN
ajfa-5200	206	18	000	000	NUM
ajfa-5200	206	19	]	]	X
ajfa-5200	206	20	-0.1484	-0.1484	PROPN
ajfa-5200	206	21	*	*	PUNCT
ajfa-5200	206	22	-0.0138	-0.0138	PROPN
ajfa-5200	207	1	eq	eq	PROPN
ajfa-5200	207	2	.	.	PUNCT
ajfa-5200	208	1	(	(	PUNCT
ajfa-5200	208	2	6	6	NUM
ajfa-5200	208	3	)	)	PUNCT
ajfa-5200	208	4	independent	independent	ADJ
ajfa-5200	208	5	variables	variable	NOUN
ajfa-5200	208	6	overall	overall	ADJ
ajfa-5200	208	7	00]7.7152[0.0	00]7.7152[0.0	NOUN
ajfa-5200	208	8	)	)	PUNCT
ajfa-5200	208	9	91,7	91,7	NOUN
ajfa-5200	208	10	(	(	PUNCT
ajfa-5200	208	11	=	=	NOUN
ajfa-5200	208	12	f	f	X
ajfa-5200	208	13	;	;	PUNCT
ajfa-5200	208	14	lnl=	lnl=	NUM
ajfa-5200	208	15	230.7142	230.7142	NUM
ajfa-5200	208	16	;	;	PUNCT
ajfa-5200	208	17	)	)	PUNCT
ajfa-5200	208	18	12(q	12(q	NUM
ajfa-5200	209	1	=	=	SYM
ajfa-5200	209	2	15.5880[0.2108	15.5880[0.2108	NUM
ajfa-5200	209	3	]	]	PUNCT
ajfa-5200	209	4	;	;	PUNCT
ajfa-5200	209	5	2r	2r	NUM
ajfa-5200	209	6	=	=	SYM
ajfa-5200	209	7	0.3242	0.3242	NUM
ajfa-5200	210	1	tmsδ	tmsδ	VERB
ajfa-5200	210	2	0~~~	0~~~	NUM
ajfa-5200	210	3	221712	221712	NUM
ajfa-5200	210	4	=	=	SYM
ajfa-5200	210	5	=	=	SYM
ajfa-5200	210	6	=	=	NOUN
ajfa-5200	210	7	ααα	ααα	ADJ
ajfa-5200	210	8	0~~	0~~	NOUN
ajfa-5200	210	9	1210	1210	NUM
ajfa-5200	210	10	=	=	SYM
ajfa-5200	210	11	=	=	NOUN
ajfa-5200	210	12	γγ	γγ	PROPN
ajfa-5200	210	13	1	1	NUM
ajfa-5200	210	14	~ρ	~ρ	NUM
ajfa-5200	210	15	2	2	NUM
ajfa-5200	210	16	~ρ	~ρ	NUM
ajfa-5200	210	17	partial	partial	ADJ
ajfa-5200	210	18	f21	f21	NOUN
ajfa-5200	210	19	=	=	NOUN
ajfa-5200	210	20	5.1530[0.003	5.1530[0.003	NUM
ajfa-5200	210	21	]	]	PUNCT
ajfa-5200	210	22	partial	partial	ADJ
ajfa-5200	210	23	f22	f22	NOUN
ajfa-5200	210	24	=	=	SYM
ajfa-5200	210	25	21.2280[0.000	21.2280[0.000	NUM
ajfa-5200	210	26	]	]	X
ajfa-5200	210	27	0.0053	0.0053	NUM
ajfa-5200	210	28	0.0102	0.0102	NUM
ajfa-5200	210	29	notes	note	NOUN
ajfa-5200	210	30	:	:	PUNCT
ajfa-5200	210	31	partial	partial	ADJ
ajfa-5200	210	32	f	f	X
ajfa-5200	210	33	-	-	PUNCT
ajfa-5200	210	34	statistics	statistic	NOUN
ajfa-5200	210	35	for	for	ADP
ajfa-5200	210	36	lagged	lag	VERB
ajfa-5200	210	37	values	value	NOUN
ajfa-5200	210	38	of	of	ADP
ajfa-5200	210	39	changes	change	NOUN
ajfa-5200	210	40	in	in	ADP
ajfa-5200	210	41	the	the	DET
ajfa-5200	210	42	lending	lending	NOUN
ajfa-5200	210	43	rate	rate	NOUN
ajfa-5200	210	44	and	and	CCONJ
ajfa-5200	210	45	central	central	ADJ
ajfa-5200	210	46	bank	bank	NOUN
ajfa-5200	210	47	discount	discount	NOUN
ajfa-5200	210	48	rate	rate	NOUN
ajfa-5200	210	49	,	,	PUNCT
ajfa-5200	210	50	respectively	respectively	ADV
ajfa-5200	210	51	,	,	PUNCT
ajfa-5200	210	52	are	be	AUX
ajfa-5200	210	53	reported	report	VERB
ajfa-5200	210	54	under	under	ADP
ajfa-5200	210	55	the	the	DET
ajfa-5200	210	56	specified	specified	ADJ
ajfa-5200	210	57	null	null	ADJ
ajfa-5200	210	58	hypotheses	hypothesis	NOUN
ajfa-5200	210	59	.	.	PUNCT
ajfa-5200	211	1	q(12	q(12	NOUN
ajfa-5200	211	2	)	)	PUNCT
ajfa-5200	211	3	is	be	AUX
ajfa-5200	211	4	the	the	DET
ajfa-5200	211	5	ljung	ljung	PROPN
ajfa-5200	211	6	-	-	PUNCT
ajfa-5200	211	7	box	box	NOUN
ajfa-5200	211	8	q	q	NOUN
ajfa-5200	211	9	-	-	NOUN
ajfa-5200	211	10	statistic	statistic	NOUN
ajfa-5200	211	11	to	to	PART
ajfa-5200	211	12	test	test	VERB
ajfa-5200	211	13	for	for	ADP
ajfa-5200	211	14	serial	serial	ADJ
ajfa-5200	211	15	correlation	correlation	NOUN
ajfa-5200	211	16	up	up	ADP
ajfa-5200	211	17	to	to	PART
ajfa-5200	211	18	12	12	NUM
ajfa-5200	211	19	lags	lag	NOUN
ajfa-5200	211	20	.	.	PUNCT
ajfa-5200	212	1	“	"	PUNCT
ajfa-5200	212	2	*	*	PUNCT
ajfa-5200	212	3	”	"	PUNCT
ajfa-5200	212	4	indicates	indicate	VERB
ajfa-5200	212	5	the	the	DET
ajfa-5200	212	6	1	1	NUM
ajfa-5200	212	7	percent	percent	NOUN
ajfa-5200	212	8	level	level	NOUN
ajfa-5200	212	9	of	of	ADP
ajfa-5200	212	10	significance	significance	NOUN
ajfa-5200	212	11	of	of	ADP
ajfa-5200	212	12	the	the	DET
ajfa-5200	212	13	t	t	PROPN
ajfa-5200	212	14	-	-	PUNCT
ajfa-5200	212	15	statistics	statistic	NOUN
ajfa-5200	212	16	.	.	PUNCT
ajfa-5200	213	1	with	with	ADP
ajfa-5200	213	2	regard	regard	NOUN
ajfa-5200	213	3	to	to	ADP
ajfa-5200	213	4	the	the	DET
ajfa-5200	213	5	short	short	ADJ
ajfa-5200	213	6	-	-	PUNCT
ajfa-5200	213	7	run	run	NOUN
ajfa-5200	213	8	dynamic	dynamic	ADJ
ajfa-5200	213	9	granger	granger	NOUN
ajfa-5200	213	10	causality	causality	NOUN
ajfa-5200	213	11	between	between	ADP
ajfa-5200	213	12	stock	stock	NOUN
ajfa-5200	213	13	price	price	NOUN
ajfa-5200	213	14	and	and	CCONJ
ajfa-5200	213	15	the	the	DET
ajfa-5200	213	16	money	money	NOUN
ajfa-5200	213	17	supply	supply	NOUN
ajfa-5200	213	18	,	,	PUNCT
ajfa-5200	213	19	the	the	DET
ajfa-5200	213	20	partial	partial	ADJ
ajfa-5200	213	21	f	f	NOUN
ajfa-5200	213	22	-	-	PUNCT
ajfa-5200	213	23	statistics	statistic	NOUN
ajfa-5200	213	24	in	in	ADP
ajfa-5200	213	25	equation	equation	NOUN
ajfa-5200	213	26	(	(	PUNCT
ajfa-5200	213	27	5	5	X
ajfa-5200	213	28	)	)	PUNCT
ajfa-5200	213	29	reveals	reveal	VERB
ajfa-5200	213	30	is	be	AUX
ajfa-5200	213	31	a	a	DET
ajfa-5200	213	32	bi	bi	ADJ
ajfa-5200	213	33	-	-	ADJ
ajfa-5200	213	34	directional	directional	ADJ
ajfa-5200	213	35	granger	granger	NOUN
ajfa-5200	213	36	-	-	PUNCT
ajfa-5200	213	37	causality	causality	NOUN
ajfa-5200	213	38	from	from	ADP
ajfa-5200	213	39	the	the	DET
ajfa-5200	213	40	money	money	NOUN
ajfa-5200	213	41	supply	supply	NOUN
ajfa-5200	213	42	to	to	ADP
ajfa-5200	213	43	the	the	DET
ajfa-5200	213	44	stock	stock	NOUN
ajfa-5200	213	45	price	price	NOUN
ajfa-5200	213	46	,	,	PUNCT
ajfa-5200	213	47	i.e.	i.e.	X
ajfa-5200	213	48	,	,	PUNCT
ajfa-5200	213	49	the	the	DET
ajfa-5200	213	50	stock	stock	NOUN
ajfa-5200	213	51	price	price	NOUN
ajfa-5200	213	52	responds	respond	VERB
ajfa-5200	213	53	to	to	ADP
ajfa-5200	213	54	both	both	CCONJ
ajfa-5200	213	55	the	the	DET
ajfa-5200	213	56	its	its	PRON
ajfa-5200	213	57	own	own	ADJ
ajfa-5200	213	58	lagged	lag	VERB
ajfa-5200	213	59	changes	change	NOUN
ajfa-5200	213	60	and	and	CCONJ
ajfa-5200	213	61	the	the	DET
ajfa-5200	213	62	lagged	lag	VERB
ajfa-5200	213	63	changes	change	NOUN
ajfa-5200	213	64	of	of	ADP
ajfa-5200	213	65	money	money	NOUN
ajfa-5200	213	66	supply	supply	NOUN
ajfa-5200	213	67	as	as	ADV
ajfa-5200	213	68	well	well	ADV
ajfa-5200	213	69	.	.	PUNCT
ajfa-5200	214	1	as	as	ADP
ajfa-5200	214	2	to	to	ADP
ajfa-5200	214	3	the	the	DET
ajfa-5200	214	4	empirical	empirical	ADJ
ajfa-5200	214	5	results	result	NOUN
ajfa-5200	214	6	for	for	ADP
ajfa-5200	214	7	equation	equation	NOUN
ajfa-5200	214	8	(	(	PUNCT
ajfa-5200	214	9	6	6	NUM
ajfa-5200	214	10	)	)	PUNCT
ajfa-5200	214	11	,	,	PUNCT
ajfa-5200	214	12	the	the	DET
ajfa-5200	214	13	partial	partial	ADJ
ajfa-5200	214	14	f	f	NOUN
ajfa-5200	214	15	-	-	PUNCT
ajfa-5200	214	16	statistics	statistic	NOUN
ajfa-5200	214	17	suggest	suggest	VERB
ajfa-5200	214	18	that	that	SCONJ
ajfa-5200	214	19	the	the	DET
ajfa-5200	214	20	money	money	NOUN
ajfa-5200	214	21	supply	supply	NOUN
ajfa-5200	214	22	responds	respond	VERB
ajfa-5200	214	23	not	not	PART
ajfa-5200	214	24	only	only	ADV
ajfa-5200	214	25	to	to	ADP
ajfa-5200	214	26	its	its	PRON
ajfa-5200	214	27	own	own	ADJ
ajfa-5200	214	28	lagged	lag	VERB
ajfa-5200	214	29	changes	change	NOUN
ajfa-5200	214	30	but	but	CCONJ
ajfa-5200	214	31	also	also	ADV
ajfa-5200	214	32	to	to	PART
ajfa-5200	214	33	lagged	lag	VERB
ajfa-5200	214	34	changes	change	NOUN
ajfa-5200	214	35	of	of	ADP
ajfa-5200	214	36	the	the	DET
ajfa-5200	214	37	stock	stock	NOUN
ajfa-5200	214	38	price	price	NOUN
ajfa-5200	214	39	in	in	ADP
ajfa-5200	214	40	the	the	DET
ajfa-5200	214	41	short	short	ADJ
ajfa-5200	214	42	run	run	NOUN
ajfa-5200	214	43	.	.	PUNCT
ajfa-5200	215	1	over	over	ADP
ajfa-5200	215	2	all	all	PRON
ajfa-5200	215	3	,	,	PUNCT
ajfa-5200	215	4	the	the	DET
ajfa-5200	215	5	tarvec	tarvec	PROPN
ajfa-5200	215	6	estimation	estimation	NOUN
ajfa-5200	215	7	results	result	NOUN
ajfa-5200	215	8	seem	seem	VERB
ajfa-5200	215	9	to	to	PART
ajfa-5200	215	10	lend	lend	VERB
ajfa-5200	215	11	credence	credence	NOUN
ajfa-5200	215	12	to	to	ADP
ajfa-5200	215	13	the	the	DET
ajfa-5200	215	14	neo	neo	NOUN
ajfa-5200	215	15	-	-	NOUN
ajfa-5200	215	16	classical	classical	ADJ
ajfa-5200	215	17	in	in	ADP
ajfa-5200	215	18	the	the	DET
ajfa-5200	215	19	long	long	ADJ
ajfa-5200	215	20	run	run	NOUN
ajfa-5200	215	21	and	and	CCONJ
ajfa-5200	215	22	the	the	DET
ajfa-5200	215	23	keynesian	keynesian	ADJ
ajfa-5200	215	24	views	view	NOUN
ajfa-5200	215	25	in	in	ADP
ajfa-5200	215	26	the	the	DET
ajfa-5200	215	27	short	short	ADJ
ajfa-5200	215	28	run	run	NOUN
ajfa-5200	215	29	on	on	ADP
ajfa-5200	215	30	the	the	DET
ajfa-5200	215	31	causality	causality	NOUN
ajfa-5200	215	32	between	between	ADP
ajfa-5200	215	33	the	the	DET
ajfa-5200	215	34	market	market	NOUN
ajfa-5200	215	35	stock	stock	NOUN
ajfa-5200	215	36	price	price	NOUN
ajfa-5200	215	37	and	and	CCONJ
ajfa-5200	215	38	the	the	DET
ajfa-5200	215	39	money	money	NOUN
ajfa-5200	215	40	supply	supply	NOUN
ajfa-5200	215	41	in	in	ADP
ajfa-5200	215	42	the	the	DET
ajfa-5200	215	43	last	last	ADJ
ajfa-5200	215	44	decade	decade	NOUN
ajfa-5200	215	45	.	.	PUNCT
ajfa-5200	216	1	6	6	X
ajfa-5200	216	2	.	.	X
ajfa-5200	216	3	concluding	conclude	VERB
ajfa-5200	216	4	remarks	remark	VERB
ajfa-5200	216	5	the	the	DET
ajfa-5200	216	6	standard	standard	ADJ
ajfa-5200	216	7	neoclassical	neoclassical	ADJ
ajfa-5200	216	8	paradigm	paradigm	NOUN
ajfa-5200	216	9	of	of	ADP
ajfa-5200	216	10	financial	financial	ADJ
ajfa-5200	216	11	economics	economic	NOUN
ajfa-5200	216	12	assumes	assume	VERB
ajfa-5200	216	13	that	that	SCONJ
ajfa-5200	216	14	investors	investor	NOUN
ajfa-5200	216	15	react	react	VERB
ajfa-5200	216	16	to	to	ADP
ajfa-5200	216	17	noteworthy	noteworthy	ADJ
ajfa-5200	216	18	news	news	NOUN
ajfa-5200	216	19	events	event	NOUN
ajfa-5200	216	20	by	by	ADP
ajfa-5200	216	21	adjusting	adjust	VERB
ajfa-5200	216	22	their	their	PRON
ajfa-5200	216	23	investment	investment	NOUN
ajfa-5200	216	24	portfolios	portfolio	NOUN
ajfa-5200	216	25	because	because	SCONJ
ajfa-5200	216	26	these	these	DET
ajfa-5200	216	27	events	event	NOUN
ajfa-5200	216	28	change	change	VERB
ajfa-5200	216	29	risk	risk	NOUN
ajfa-5200	216	30	-	-	PUNCT
ajfa-5200	216	31	return	return	NOUN
ajfa-5200	216	32	profile	profile	NOUN
ajfa-5200	216	33	of	of	ADP
ajfa-5200	216	34	securities	security	NOUN
ajfa-5200	216	35	.	.	PUNCT
ajfa-5200	217	1	therefore	therefore	ADV
ajfa-5200	217	2	,	,	PUNCT
ajfa-5200	217	3	a	a	DET
ajfa-5200	217	4	change	change	NOUN
ajfa-5200	217	5	in	in	ADP
ajfa-5200	217	6	the	the	DET
ajfa-5200	217	7	growth	growth	NOUN
ajfa-5200	217	8	rate	rate	NOUN
ajfa-5200	217	9	of	of	ADP
ajfa-5200	217	10	the	the	DET
ajfa-5200	217	11	money	money	NOUN
ajfa-5200	217	12	supply	supply	NOUN
ajfa-5200	217	13	m1	m1	PROPN
ajfa-5200	217	14	is	be	AUX
ajfa-5200	217	15	an	an	DET
ajfa-5200	217	16	indicator	indicator	NOUN
ajfa-5200	217	17	of	of	ADP
ajfa-5200	217	18	future	future	ADJ
ajfa-5200	217	19	macroeconomic	macroeconomic	ADJ
ajfa-5200	217	20	conditions	condition	NOUN
ajfa-5200	217	21	such	such	ADJ
ajfa-5200	217	22	as	as	ADP
ajfa-5200	217	23	higher	high	ADJ
ajfa-5200	217	24	interest	interest	NOUN
ajfa-5200	217	25	rate	rate	NOUN
ajfa-5200	217	26	,	,	PUNCT
ajfa-5200	217	27	sophisticated	sophisticated	ADJ
ajfa-5200	217	28	and	and	CCONJ
ajfa-5200	217	29	unsophisticated	unsophisticated	ADJ
ajfa-5200	217	30	investors	investor	NOUN
ajfa-5200	217	31	alike	alike	ADV
ajfa-5200	217	32	will	will	AUX
ajfa-5200	217	33	react	react	VERB
ajfa-5200	217	34	according	accord	VERB
ajfa-5200	217	35	to	to	ADP
ajfa-5200	217	36	their	their	PRON
ajfa-5200	217	37	ability	ability	NOUN
ajfa-5200	217	38	to	to	PART
ajfa-5200	217	39	access	access	VERB
ajfa-5200	217	40	research	research	NOUN
ajfa-5200	217	41	information	information	NOUN
ajfa-5200	217	42	and	and	CCONJ
ajfa-5200	217	43	reposition	reposition	VERB
ajfa-5200	217	44	their	their	PRON
ajfa-5200	217	45	portfolios	portfolio	NOUN
ajfa-5200	217	46	.	.	PUNCT
ajfa-5200	218	1	consequently	consequently	ADV
ajfa-5200	218	2	,	,	PUNCT
ajfa-5200	218	3	the	the	DET
ajfa-5200	218	4	stock	stock	NOUN
ajfa-5200	218	5	prices	price	NOUN
ajfa-5200	218	6	will	will	AUX
ajfa-5200	218	7	move	move	VERB
ajfa-5200	218	8	.	.	PUNCT
ajfa-5200	219	1	the	the	DET
ajfa-5200	219	2	post	post	ADJ
ajfa-5200	219	3	-	-	ADJ
ajfa-5200	219	4	keynesian	keynesian	ADJ
ajfa-5200	219	5	school	school	NOUN
ajfa-5200	219	6	of	of	ADP
ajfa-5200	219	7	economics	economic	NOUN
ajfa-5200	219	8	posits	posit	NOUN
ajfa-5200	219	9	that	that	PRON
ajfa-5200	219	10	movements	movement	NOUN
ajfa-5200	219	11	in	in	ADP
ajfa-5200	219	12	money	money	NOUN
ajfa-5200	219	13	supply	supply	NOUN
ajfa-5200	219	14	m1	m1	PROPN
ajfa-5200	219	15	reflect	reflect	VERB
ajfa-5200	219	16	the	the	DET
ajfa-5200	219	17	shift	shift	NOUN
ajfa-5200	219	18	of	of	ADP
ajfa-5200	219	19	money	money	NOUN
ajfa-5200	219	20	from	from	ADP
ajfa-5200	219	21	long	long	ADJ
ajfa-5200	219	22	-	-	PUNCT
ajfa-5200	219	23	term	term	NOUN
ajfa-5200	219	24	saving	save	VERB
ajfa-5200	219	25	deposits	deposit	NOUN
ajfa-5200	219	26	to	to	PART
ajfa-5200	219	27	demand	demand	VERB
ajfa-5200	219	28	deposits	deposit	NOUN
ajfa-5200	219	29	and	and	CCONJ
ajfa-5200	219	30	vice	vice	ADV
ajfa-5200	219	31	versa	versa	ADV
ajfa-5200	219	32	as	as	ADP
ajfa-5200	219	33	a	a	DET
ajfa-5200	219	34	result	result	NOUN
ajfa-5200	219	35	of	of	ADP
ajfa-5200	219	36	the	the	DET
ajfa-5200	219	37	preceding	precede	VERB
ajfa-5200	219	38	changes	change	NOUN
ajfa-5200	219	39	in	in	ADP
ajfa-5200	219	40	stock	stock	NOUN
ajfa-5200	219	41	prices	price	NOUN
ajfa-5200	219	42	.	.	PUNCT
ajfa-5200	220	1	the	the	DET
ajfa-5200	220	2	results	result	NOUN
ajfa-5200	220	3	of	of	ADP
ajfa-5200	220	4	this	this	DET
ajfa-5200	220	5	study	study	NOUN
ajfa-5200	220	6	empirically	empirically	ADV
ajfa-5200	220	7	reveal	reveal	VERB
ajfa-5200	220	8	both	both	CCONJ
ajfa-5200	220	9	the	the	DET
ajfa-5200	220	10	neoclassical	neoclassical	NOUN
ajfa-5200	220	11	and	and	CCONJ
ajfa-5200	220	12	the	the	DET
ajfa-5200	220	13	post	post	NOUN
ajfa-5200	220	14	keynesian	keynesian	ADJ
ajfa-5200	220	15	paradigm	paradigm	NOUN
ajfa-5200	220	16	that	that	SCONJ
ajfa-5200	220	17	there	there	PRON
ajfa-5200	220	18	is	be	VERB
ajfa-5200	220	19	a	a	DET
ajfa-5200	220	20	bidirectional	bidirectional	ADJ
ajfa-5200	220	21	granger	granger	NOUN
ajfa-5200	220	22	causality	causality	NOUN
ajfa-5200	220	23	between	between	ADP
ajfa-5200	220	24	the	the	DET
ajfa-5200	220	25	stock	stock	NOUN
ajfa-5200	220	26	price	price	NOUN
ajfa-5200	220	27	index	index	NOUN
ajfa-5200	220	28	and	and	CCONJ
ajfa-5200	220	29	the	the	DET
ajfa-5200	220	30	narrowest	narrow	ADJ
ajfa-5200	220	31	defined	define	VERB
ajfa-5200	220	32	money	money	NOUN
ajfa-5200	220	33	supply	supply	NOUN
ajfa-5200	220	34	.	.	PUNCT
ajfa-5200	221	1	in	in	ADP
ajfa-5200	221	2	asian	asian	ADJ
ajfa-5200	221	3	journal	journal	NOUN
ajfa-5200	221	4	of	of	ADP
ajfa-5200	221	5	finance	finance	PROPN
ajfa-5200	221	6	&	&	CCONJ
ajfa-5200	221	7	accounting	accounting	PROPN
ajfa-5200	221	8	issn	issn	PROPN
ajfa-5200	221	9	1946	1946	NUM
ajfa-5200	221	10	-	-	PUNCT
ajfa-5200	221	11	052x	052x	PROPN
ajfa-5200	221	12	2014	2014	NUM
ajfa-5200	221	13	,	,	PUNCT
ajfa-5200	221	14	vol	vol	NOUN
ajfa-5200	221	15	.	.	PROPN
ajfa-5200	221	16	6	6	NUM
ajfa-5200	221	17	,	,	PUNCT
ajfa-5200	221	18	no	no	INTJ
ajfa-5200	221	19	.	.	NOUN
ajfa-5200	221	20	1	1	NUM
ajfa-5200	221	21	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-5200	221	22	172	172	NUM
ajfa-5200	221	23	fact	fact	NOUN
ajfa-5200	221	24	,	,	PUNCT
ajfa-5200	221	25	their	their	PRON
ajfa-5200	221	26	granger	granger	NOUN
ajfa-5200	221	27	causality	causality	NOUN
ajfa-5200	221	28	is	be	AUX
ajfa-5200	221	29	asymmetric	asymmetric	ADJ
ajfa-5200	221	30	.	.	PUNCT
ajfa-5200	222	1	this	this	DET
ajfa-5200	222	2	asymmetric	asymmetric	ADJ
ajfa-5200	222	3	relationship	relationship	NOUN
ajfa-5200	222	4	indicates	indicate	VERB
ajfa-5200	222	5	that	that	SCONJ
ajfa-5200	222	6	the	the	DET
ajfa-5200	222	7	counter	counter	ADJ
ajfa-5200	222	8	cyclical	cyclical	ADJ
ajfa-5200	222	9	monetary	monetary	ADJ
ajfa-5200	222	10	policies	policy	NOUN
ajfa-5200	222	11	affect	affect	VERB
ajfa-5200	222	12	corporations	corporation	NOUN
ajfa-5200	222	13	differently	differently	ADV
ajfa-5200	222	14	in	in	ADP
ajfa-5200	222	15	different	different	ADJ
ajfa-5200	222	16	phases	phase	NOUN
ajfa-5200	222	17	of	of	ADP
ajfa-5200	222	18	business	business	NOUN
ajfa-5200	222	19	cycles	cycle	NOUN
ajfa-5200	222	20	.	.	PUNCT
ajfa-5200	223	1	the	the	DET
ajfa-5200	223	2	empirical	empirical	ADJ
ajfa-5200	223	3	results	result	NOUN
ajfa-5200	223	4	reveal	reveal	VERB
ajfa-5200	223	5	the	the	DET
ajfa-5200	223	6	existence	existence	NOUN
ajfa-5200	223	7	of	of	ADP
ajfa-5200	223	8	the	the	DET
ajfa-5200	223	9	asymmetric	asymmetric	ADJ
ajfa-5200	223	10	response	response	NOUN
ajfa-5200	223	11	of	of	ADP
ajfa-5200	223	12	the	the	DET
ajfa-5200	223	13	stock	stock	NOUN
ajfa-5200	223	14	prices	price	NOUN
ajfa-5200	223	15	to	to	ADP
ajfa-5200	223	16	the	the	DET
ajfa-5200	223	17	changes	change	NOUN
ajfa-5200	223	18	in	in	ADP
ajfa-5200	223	19	the	the	DET
ajfa-5200	223	20	money	money	NOUN
ajfa-5200	223	21	supply	supply	NOUN
ajfa-5200	223	22	,	,	PUNCT
ajfa-5200	223	23	which	which	PRON
ajfa-5200	223	24	will	will	AUX
ajfa-5200	223	25	in	in	ADP
ajfa-5200	223	26	turn	turn	NOUN
ajfa-5200	223	27	affect	affect	VERB
ajfa-5200	223	28	firms	firm	NOUN
ajfa-5200	223	29	relying	rely	VERB
ajfa-5200	223	30	on	on	ADP
ajfa-5200	223	31	equity	equity	NOUN
ajfa-5200	223	32	market	market	NOUN
ajfa-5200	223	33	for	for	ADP
ajfa-5200	223	34	funds	fund	NOUN
ajfa-5200	223	35	differently	differently	ADV
ajfa-5200	223	36	than	than	ADP
ajfa-5200	223	37	those	those	PRON
ajfa-5200	223	38	using	use	VERB
ajfa-5200	223	39	loans	loan	NOUN
ajfa-5200	223	40	for	for	ADP
ajfa-5200	223	41	their	their	PRON
ajfa-5200	223	42	financial	financial	ADJ
ajfa-5200	223	43	resources	resource	NOUN
ajfa-5200	223	44	.	.	PUNCT
ajfa-5200	224	1	thus	thus	ADV
ajfa-5200	224	2	,	,	PUNCT
ajfa-5200	224	3	policymakers	policymaker	NOUN
ajfa-5200	224	4	should	should	AUX
ajfa-5200	224	5	be	be	AUX
ajfa-5200	224	6	aware	aware	ADJ
ajfa-5200	224	7	that	that	SCONJ
ajfa-5200	224	8	countercyclical	countercyclical	ADJ
ajfa-5200	224	9	monetary	monetary	ADJ
ajfa-5200	224	10	policy	policy	NOUN
ajfa-5200	224	11	may	may	AUX
ajfa-5200	224	12	have	have	VERB
ajfa-5200	224	13	different	different	ADJ
ajfa-5200	224	14	effects	effect	NOUN
ajfa-5200	224	15	due	due	ADJ
ajfa-5200	224	16	to	to	ADP
ajfa-5200	224	17	the	the	DET
ajfa-5200	224	18	asymmetric	asymmetric	ADJ
ajfa-5200	224	19	behavior	behavior	NOUN
ajfa-5200	224	20	of	of	ADP
ajfa-5200	224	21	stock	stock	NOUN
ajfa-5200	224	22	prices	price	NOUN
ajfa-5200	224	23	in	in	ADP
ajfa-5200	224	24	their	their	PRON
ajfa-5200	224	25	formulation	formulation	NOUN
ajfa-5200	224	26	of	of	ADP
ajfa-5200	224	27	monetary	monetary	ADJ
ajfa-5200	224	28	policy	policy	NOUN
ajfa-5200	224	29	.	.	PUNCT
ajfa-5200	225	1	additionally	additionally	ADV
ajfa-5200	225	2	,	,	PUNCT
ajfa-5200	225	3	keeping	keep	VERB
ajfa-5200	225	4	pace	pace	NOUN
ajfa-5200	225	5	with	with	ADP
ajfa-5200	225	6	the	the	DET
ajfa-5200	225	7	age	age	NOUN
ajfa-5200	225	8	of	of	ADP
ajfa-5200	225	9	globalization	globalization	NOUN
ajfa-5200	225	10	,	,	PUNCT
ajfa-5200	225	11	the	the	DET
ajfa-5200	225	12	equity	equity	NOUN
ajfa-5200	225	13	market	market	NOUN
ajfa-5200	225	14	has	have	AUX
ajfa-5200	225	15	been	be	AUX
ajfa-5200	225	16	increasingly	increasingly	ADV
ajfa-5200	225	17	internationalized	internationalize	VERB
ajfa-5200	225	18	;	;	PUNCT
ajfa-5200	225	19	these	these	DET
ajfa-5200	225	20	findings	finding	NOUN
ajfa-5200	225	21	may	may	AUX
ajfa-5200	225	22	provide	provide	VERB
ajfa-5200	225	23	a	a	DET
ajfa-5200	225	24	better	well	ADJ
ajfa-5200	225	25	understanding	understanding	NOUN
ajfa-5200	225	26	of	of	ADP
ajfa-5200	225	27	the	the	DET
ajfa-5200	225	28	countercyclical	countercyclical	ADJ
ajfa-5200	225	29	monetary	monetary	ADJ
ajfa-5200	225	30	policy	policy	NOUN
ajfa-5200	225	31	and	and	CCONJ
ajfa-5200	225	32	the	the	DET
ajfa-5200	225	33	equity	equity	NOUN
ajfa-5200	225	34	market	market	NOUN
ajfa-5200	225	35	worldwide	worldwide	ADV
ajfa-5200	225	36	.	.	PUNCT
ajfa-5200	226	1	more	more	ADV
ajfa-5200	226	2	specifically	specifically	ADV
ajfa-5200	226	3	,	,	PUNCT
ajfa-5200	226	4	the	the	DET
ajfa-5200	226	5	results	result	NOUN
ajfa-5200	226	6	reveal	reveal	VERB
ajfa-5200	226	7	that	that	SCONJ
ajfa-5200	226	8	the	the	DET
ajfa-5200	226	9	stock	stock	NOUN
ajfa-5200	226	10	price	price	NOUN
ajfa-5200	226	11	adjusts	adjust	VERB
ajfa-5200	226	12	faster	fast	ADV
ajfa-5200	226	13	to	to	ADP
ajfa-5200	226	14	the	the	DET
ajfa-5200	226	15	threshold	threshold	NOUN
ajfa-5200	226	16	value	value	NOUN
ajfa-5200	226	17	when	when	SCONJ
ajfa-5200	226	18	the	the	DET
ajfa-5200	226	19	vietnamese	vietnamese	ADJ
ajfa-5200	226	20	monetary	monetary	ADJ
ajfa-5200	226	21	authority	authority	PROPN
ajfa-5200	226	22	tightens	tighten	VERB
ajfa-5200	226	23	the	the	DET
ajfa-5200	226	24	money	money	NOUN
ajfa-5200	226	25	supply	supply	NOUN
ajfa-5200	226	26	,	,	PUNCT
ajfa-5200	226	27	widening	widen	VERB
ajfa-5200	226	28	the	the	DET
ajfa-5200	226	29	basis	basis	NOUN
ajfa-5200	226	30	than	than	ADP
ajfa-5200	226	31	when	when	SCONJ
ajfa-5200	226	32	the	the	DET
ajfa-5200	226	33	central	central	ADJ
ajfa-5200	226	34	bank	bank	NOUN
ajfa-5200	226	35	eases	ease	VERB
ajfa-5200	226	36	the	the	DET
ajfa-5200	226	37	monetary	monetary	ADJ
ajfa-5200	226	38	policy	policy	NOUN
ajfa-5200	226	39	,	,	PUNCT
ajfa-5200	226	40	narrowing	narrow	VERB
ajfa-5200	226	41	the	the	DET
ajfa-5200	226	42	basis	basis	NOUN
ajfa-5200	226	43	.	.	PUNCT
ajfa-5200	227	1	these	these	DET
ajfa-5200	227	2	findings	finding	NOUN
ajfa-5200	227	3	suggest	suggest	VERB
ajfa-5200	227	4	that	that	SCONJ
ajfa-5200	227	5	the	the	DET
ajfa-5200	227	6	stock	stock	NOUN
ajfa-5200	227	7	price	price	NOUN
ajfa-5200	227	8	is	be	AUX
ajfa-5200	227	9	more	more	ADV
ajfa-5200	227	10	responsive	responsive	ADJ
ajfa-5200	227	11	to	to	ADP
ajfa-5200	227	12	contractionary	contractionary	ADJ
ajfa-5200	227	13	monetary	monetary	ADJ
ajfa-5200	227	14	policy	policy	NOUN
ajfa-5200	227	15	as	as	SCONJ
ajfa-5200	227	16	reflected	reflect	VERB
ajfa-5200	227	17	in	in	ADP
ajfa-5200	227	18	the	the	DET
ajfa-5200	227	19	decline	decline	NOUN
ajfa-5200	227	20	in	in	ADP
ajfa-5200	227	21	the	the	DET
ajfa-5200	227	22	money	money	NOUN
ajfa-5200	227	23	supply	supply	NOUN
ajfa-5200	227	24	m1	m1	NOUN
ajfa-5200	227	25	.	.	PUNCT
ajfa-5200	228	1	most	most	ADJ
ajfa-5200	228	2	of	of	ADP
ajfa-5200	228	3	studies	study	NOUN
ajfa-5200	228	4	of	of	ADP
ajfa-5200	228	5	vietnamese	vietnamese	ADJ
ajfa-5200	228	6	equity	equity	NOUN
ajfa-5200	228	7	market	market	NOUN
ajfa-5200	228	8	are	be	AUX
ajfa-5200	228	9	of	of	ADP
ajfa-5200	228	10	micro	micro	NOUN
ajfa-5200	228	11	-	-	NOUN
ajfa-5200	228	12	nature	nature	NOUN
ajfa-5200	228	13	and	and	CCONJ
ajfa-5200	228	14	detailed	detailed	ADJ
ajfa-5200	228	15	operations	operation	NOUN
ajfa-5200	228	16	.	.	PUNCT
ajfa-5200	229	1	the	the	DET
ajfa-5200	229	2	macro	macro	ADJ
ajfa-5200	229	3	nature	nature	NOUN
ajfa-5200	229	4	of	of	ADP
ajfa-5200	229	5	the	the	DET
ajfa-5200	229	6	empirical	empirical	ADJ
ajfa-5200	229	7	results	result	NOUN
ajfa-5200	229	8	of	of	ADP
ajfa-5200	229	9	this	this	DET
ajfa-5200	229	10	investigation	investigation	NOUN
ajfa-5200	229	11	would	would	AUX
ajfa-5200	229	12	help	help	VERB
ajfa-5200	229	13	policy	policy	NOUN
ajfa-5200	229	14	makers	maker	NOUN
ajfa-5200	229	15	to	to	PART
ajfa-5200	229	16	design	design	VERB
ajfa-5200	229	17	and	and	CCONJ
ajfa-5200	229	18	implement	implement	VERB
ajfa-5200	229	19	proper	proper	ADJ
ajfa-5200	229	20	policy	policy	NOUN
ajfa-5200	229	21	,	,	PUNCT
ajfa-5200	229	22	investors	investor	NOUN
ajfa-5200	229	23	to	to	PART
ajfa-5200	229	24	design	design	VERB
ajfa-5200	229	25	their	their	PRON
ajfa-5200	229	26	investment	investment	NOUN
ajfa-5200	229	27	strategies	strategy	NOUN
ajfa-5200	229	28	,	,	PUNCT
ajfa-5200	229	29	and	and	CCONJ
ajfa-5200	229	30	corporate	corporate	ADJ
ajfa-5200	229	31	executives	executive	NOUN
ajfa-5200	229	32	to	to	PART
ajfa-5200	229	33	determine	determine	VERB
ajfa-5200	229	34	their	their	PRON
ajfa-5200	229	35	capital	capital	NOUN
ajfa-5200	229	36	structures	structure	NOUN
ajfa-5200	229	37	.	.	PUNCT
ajfa-5200	230	1	references	reference	NOUN
ajfa-5200	230	2	arak	arak	PROPN
ajfa-5200	230	3	,	,	PUNCT
ajfa-5200	230	4	m.	m.	NOUN
ajfa-5200	230	5	,	,	PUNCT
ajfa-5200	230	6	englander	englander	NOUN
ajfa-5200	230	7	,	,	PUNCT
ajfa-5200	230	8	s.	s.	PROPN
ajfa-5200	230	9	,	,	PUNCT
ajfa-5200	230	10	&	&	CCONJ
ajfa-5200	230	11	tang	tang	PROPN
ajfa-5200	230	12	,	,	PUNCT
ajfa-5200	230	13	e.	e.	PROPN
ajfa-5200	230	14	(	(	PUNCT
ajfa-5200	230	15	1983	1983	NUM
ajfa-5200	230	16	)	)	PUNCT
ajfa-5200	230	17	.	.	PUNCT
ajfa-5200	231	1	credit	credit	NOUN
ajfa-5200	231	2	cycles	cycle	NOUN
ajfa-5200	231	3	and	and	CCONJ
ajfa-5200	231	4	the	the	DET
ajfa-5200	231	5	pricing	pricing	NOUN
ajfa-5200	231	6	of	of	ADP
ajfa-5200	231	7	the	the	DET
ajfa-5200	231	8	prime	prime	ADJ
ajfa-5200	231	9	rate	rate	NOUN
ajfa-5200	231	10	.	.	PUNCT
ajfa-5200	232	1	federal	federal	PROPN
ajfa-5200	232	2	reserve	reserve	PROPN
ajfa-5200	232	3	bank	bank	PROPN
ajfa-5200	232	4	of	of	ADP
ajfa-5200	232	5	new	new	PROPN
ajfa-5200	232	6	york	york	PROPN
ajfa-5200	232	7	quarterly	quarterly	PROPN
ajfa-5200	232	8	review	review	NOUN
ajfa-5200	232	9	,	,	PUNCT
ajfa-5200	232	10	12	12	NUM
ajfa-5200	232	11	-	-	SYM
ajfa-5200	232	12	18	18	NUM
ajfa-5200	232	13	.	.	PUNCT
ajfa-5200	233	1	asia	asia	PROPN
ajfa-5200	233	2	focus	focus	NOUN
ajfa-5200	233	3	.	.	PUNCT
ajfa-5200	234	1	(	(	PUNCT
ajfa-5200	234	2	2011	2011	NUM
ajfa-5200	234	3	)	)	PUNCT
ajfa-5200	234	4	.	.	PUNCT
ajfa-5200	235	1	banking	banking	NOUN
ajfa-5200	235	2	reform	reform	NOUN
ajfa-5200	235	3	in	in	ADP
ajfa-5200	235	4	vietnam	vietnam	PROPN
ajfa-5200	235	5	.	.	PUNCT
ajfa-5200	236	1	country	country	NOUN
ajfa-5200	236	2	analysis	analysis	NOUN
ajfa-5200	236	3	unit	unit	NOUN
ajfa-5200	236	4	,	,	PUNCT
ajfa-5200	236	5	federal	federal	PROPN
ajfa-5200	236	6	reserve	reserve	PROPN
ajfa-5200	236	7	bank	bank	PROPN
ajfa-5200	236	8	of	of	ADP
ajfa-5200	236	9	san	san	PROPN
ajfa-5200	236	10	francisco	francisco	PROPN
ajfa-5200	236	11	,	,	PUNCT
ajfa-5200	236	12	us	us	PROPN
ajfa-5200	236	13	.	.	PUNCT
ajfa-5200	237	1	chan	chan	PROPN
ajfa-5200	237	2	,	,	PUNCT
ajfa-5200	237	3	k.s	k.s	PROPN
ajfa-5200	237	4	.	.	PROPN
ajfa-5200	237	5	(	(	PUNCT
ajfa-5200	237	6	1993	1993	NUM
ajfa-5200	237	7	)	)	PUNCT
ajfa-5200	237	8	.	.	PUNCT
ajfa-5200	238	1	consistency	consistency	NOUN
ajfa-5200	238	2	and	and	CCONJ
ajfa-5200	238	3	limiting	limit	VERB
ajfa-5200	238	4	distribution	distribution	NOUN
ajfa-5200	238	5	of	of	ADP
ajfa-5200	238	6	the	the	DET
ajfa-5200	238	7	least	least	ADJ
ajfa-5200	238	8	squares	square	NOUN
ajfa-5200	238	9	estimator	estimator	NOUN
ajfa-5200	238	10	of	of	ADP
ajfa-5200	238	11	a	a	DET
ajfa-5200	238	12	threshold	threshold	NOUN
ajfa-5200	238	13	autoregressive	autoregressive	ADJ
ajfa-5200	238	14	model	model	NOUN
ajfa-5200	238	15	.	.	PUNCT
ajfa-5200	239	1	annals	annal	NOUN
ajfa-5200	239	2	of	of	ADP
ajfa-5200	239	3	statistics	statistic	NOUN
ajfa-5200	239	4	,	,	PUNCT
ajfa-5200	239	5	21(2	21(2	NUM
ajfa-5200	239	6	)	)	PUNCT
ajfa-5200	239	7	,	,	PUNCT
ajfa-5200	239	8	520	520	NUM
ajfa-5200	239	9	-	-	SYM
ajfa-5200	239	10	533	533	NUM
ajfa-5200	239	11	.	.	PUNCT
ajfa-5200	240	1	http://dx.doi.org/10.1214/aos/1176349040	http://dx.doi.org/10.1214/aos/1176349040	NOUN
ajfa-5200	240	2	cook	cook	NOUN
ajfa-5200	240	3	,	,	PUNCT
ajfa-5200	240	4	t.	t.	PROPN
ajfa-5200	240	5	,	,	PUNCT
ajfa-5200	240	6	&	&	CCONJ
ajfa-5200	240	7	hahn	hahn	PROPN
ajfa-5200	240	8	,	,	PUNCT
ajfa-5200	240	9	t.	t.	PROPN
ajfa-5200	240	10	t.	t.	PROPN
ajfa-5200	240	11	(	(	PUNCT
ajfa-5200	240	12	1989	1989	NUM
ajfa-5200	240	13	)	)	PUNCT
ajfa-5200	240	14	.	.	PUNCT
ajfa-5200	241	1	the	the	DET
ajfa-5200	241	2	effect	effect	NOUN
ajfa-5200	241	3	of	of	ADP
ajfa-5200	241	4	changes	change	NOUN
ajfa-5200	241	5	in	in	ADP
ajfa-5200	241	6	the	the	DET
ajfa-5200	241	7	federal	federal	ADJ
ajfa-5200	241	8	funds	fund	NOUN
ajfa-5200	241	9	rate	rate	NOUN
ajfa-5200	241	10	target	target	NOUN
ajfa-5200	241	11	on	on	ADP
ajfa-5200	241	12	market	market	NOUN
ajfa-5200	241	13	interest	interest	NOUN
ajfa-5200	241	14	rates	rate	NOUN
ajfa-5200	241	15	in	in	ADP
ajfa-5200	241	16	the	the	DET
ajfa-5200	241	17	1970s	1970s	NUM
ajfa-5200	241	18	.	.	PUNCT
ajfa-5200	242	1	journal	journal	NOUN
ajfa-5200	242	2	of	of	ADP
ajfa-5200	242	3	monetary	monetary	ADJ
ajfa-5200	242	4	economics	economic	NOUN
ajfa-5200	242	5	,	,	PUNCT
ajfa-5200	242	6	24	24	NUM
ajfa-5200	242	7	,	,	PUNCT
ajfa-5200	242	8	331	331	NUM
ajfa-5200	242	9	-	-	SYM
ajfa-5200	242	10	351	351	NUM
ajfa-5200	242	11	.	.	PUNCT
ajfa-5200	243	1	http://dx.doi.org/10.1016/0304-3932(89)90025-1	http://dx.doi.org/10.1016/0304-3932(89)90025-1	PROPN
ajfa-5200	243	2	dueker	dueker	PROPN
ajfa-5200	243	3	,	,	PUNCT
ajfa-5200	243	4	m.j	m.j	PROPN
ajfa-5200	243	5	.	.	PROPN
ajfa-5200	243	6	(	(	PUNCT
ajfa-5200	243	7	2000	2000	NUM
ajfa-5200	243	8	)	)	PUNCT
ajfa-5200	243	9	.	.	PUNCT
ajfa-5200	244	1	are	be	AUX
ajfa-5200	244	2	prime	prime	ADJ
ajfa-5200	244	3	rate	rate	NOUN
ajfa-5200	244	4	changes	change	NOUN
ajfa-5200	244	5	asymmetric	asymmetric	ADJ
ajfa-5200	244	6	?	?	PUNCT
ajfa-5200	245	1	federal	federal	PROPN
ajfa-5200	245	2	reserve	reserve	PROPN
ajfa-5200	245	3	bank	bank	PROPN
ajfa-5200	245	4	of	of	ADP
ajfa-5200	245	5	st	st	PROPN
ajfa-5200	245	6	.	.	PROPN
ajfa-5200	245	7	louis	louis	PROPN
ajfa-5200	245	8	economic	economic	PROPN
ajfa-5200	245	9	review	review	NOUN
ajfa-5200	245	10	,	,	PUNCT
ajfa-5200	245	11	september	september	PROPN
ajfa-5200	245	12	/	/	SYM
ajfa-5200	245	13	october	october	PROPN
ajfa-5200	245	14	,	,	PUNCT
ajfa-5200	245	15	33	33	NUM
ajfa-5200	245	16	-	-	SYM
ajfa-5200	245	17	40	40	NUM
ajfa-5200	245	18	.	.	PUNCT
ajfa-5200	246	1	diebold	diebold	PROPN
ajfa-5200	246	2	,	,	PUNCT
ajfa-5200	246	3	f.x	f.x	PROPN
ajfa-5200	246	4	.	.	PROPN
ajfa-5200	246	5	,	,	PUNCT
ajfa-5200	246	6	&	&	CCONJ
ajfa-5200	246	7	sharpe	sharpe	PROPN
ajfa-5200	246	8	,	,	PUNCT
ajfa-5200	246	9	s.	s.	PROPN
ajfa-5200	246	10	a.	a.	PROPN
ajfa-5200	246	11	(	(	PUNCT
ajfa-5200	246	12	1990	1990	NUM
ajfa-5200	246	13	)	)	PUNCT
ajfa-5200	246	14	.	.	PUNCT
ajfa-5200	247	1	post	post	ADJ
ajfa-5200	247	2	-	-	ADJ
ajfa-5200	247	3	deregulation	deregulation	ADJ
ajfa-5200	247	4	bank	bank	NOUN
ajfa-5200	247	5	deposit	deposit	NOUN
ajfa-5200	247	6	rate	rate	NOUN
ajfa-5200	247	7	pricing	pricing	NOUN
ajfa-5200	247	8	:	:	PUNCT
ajfa-5200	247	9	the	the	DET
ajfa-5200	247	10	multivariate	multivariate	NOUN
ajfa-5200	247	11	dynamics	dynamic	NOUN
ajfa-5200	247	12	.	.	PUNCT
ajfa-5200	248	1	journal	journal	PROPN
ajfa-5200	248	2	of	of	ADP
ajfa-5200	248	3	business	business	PROPN
ajfa-5200	248	4	&	&	CCONJ
ajfa-5200	248	5	economic	economic	ADJ
ajfa-5200	248	6	statistics	statistic	NOUN
ajfa-5200	248	7	,	,	PUNCT
ajfa-5200	248	8	8(3	8(3	NUM
ajfa-5200	248	9	)	)	PUNCT
ajfa-5200	248	10	,	,	PUNCT
ajfa-5200	248	11	281	281	NUM
ajfa-5200	248	12	-	-	SYM
ajfa-5200	248	13	291	291	NUM
ajfa-5200	248	14	.	.	PUNCT
ajfa-5200	249	1	enders	ender	NOUN
ajfa-5200	249	2	,	,	PUNCT
ajfa-5200	249	3	w.	w.	NOUN
ajfa-5200	249	4	(	(	PUNCT
ajfa-5200	249	5	2001	2001	NUM
ajfa-5200	249	6	)	)	PUNCT
ajfa-5200	249	7	.	.	PUNCT
ajfa-5200	250	1	improved	improve	VERB
ajfa-5200	250	2	critical	critical	ADJ
ajfa-5200	250	3	values	value	NOUN
ajfa-5200	250	4	for	for	ADP
ajfa-5200	250	5	enders	ender	NOUN
ajfa-5200	250	6	and	and	CCONJ
ajfa-5200	250	7	granger	granger	PROPN
ajfa-5200	250	8	unit	unit	PROPN
ajfa-5200	250	9	root	root	PROPN
ajfa-5200	250	10	test	test	NOUN
ajfa-5200	250	11	.	.	PUNCT
ajfa-5200	251	1	applied	apply	VERB
ajfa-5200	251	2	economic	economic	ADJ
ajfa-5200	251	3	letters	letter	NOUN
ajfa-5200	251	4	,	,	PUNCT
ajfa-5200	251	5	8(4	8(4	NUM
ajfa-5200	251	6	)	)	PUNCT
ajfa-5200	251	7	,	,	PUNCT
ajfa-5200	251	8	257	257	NUM
ajfa-5200	251	9	-	-	SYM
ajfa-5200	251	10	261	261	NUM
ajfa-5200	251	11	.	.	PUNCT
ajfa-5200	252	1	http://dx.doi.org/10.1080/135048501750104033	http://dx.doi.org/10.1080/135048501750104033	PROPN
ajfa-5200	252	2	asian	asian	PROPN
ajfa-5200	252	3	journal	journal	PROPN
ajfa-5200	252	4	of	of	ADP
ajfa-5200	252	5	finance	finance	PROPN
ajfa-5200	252	6	&	&	CCONJ
ajfa-5200	252	7	accounting	accounting	PROPN
ajfa-5200	252	8	issn	issn	PROPN
ajfa-5200	252	9	1946	1946	NUM
ajfa-5200	252	10	-	-	PUNCT
ajfa-5200	252	11	052x	052x	PROPN
ajfa-5200	252	12	2014	2014	NUM
ajfa-5200	252	13	,	,	PUNCT
ajfa-5200	252	14	vol	vol	NOUN
ajfa-5200	252	15	.	.	PROPN
ajfa-5200	252	16	6	6	NUM
ajfa-5200	252	17	,	,	PUNCT
ajfa-5200	252	18	no	no	INTJ
ajfa-5200	252	19	.	.	NOUN
ajfa-5200	252	20	1	1	NUM
ajfa-5200	252	21	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NOUN
ajfa-5200	252	22	173	173	NUM
ajfa-5200	252	23	enders	ender	NOUN
ajfa-5200	252	24	,	,	PUNCT
ajfa-5200	252	25	w.	w.	PROPN
ajfa-5200	252	26	,	,	PUNCT
ajfa-5200	252	27	&	&	CCONJ
ajfa-5200	252	28	siklos	siklos	PROPN
ajfa-5200	252	29	,	,	PUNCT
ajfa-5200	252	30	p.l	p.l	PROPN
ajfa-5200	252	31	.	.	PROPN
ajfa-5200	252	32	(	(	PUNCT
ajfa-5200	252	33	2001	2001	NUM
ajfa-5200	252	34	)	)	PUNCT
ajfa-5200	252	35	,	,	PUNCT
ajfa-5200	252	36	cointegration	cointegration	NOUN
ajfa-5200	252	37	and	and	CCONJ
ajfa-5200	252	38	threshold	threshold	NOUN
ajfa-5200	252	39	adjustment	adjustment	NOUN
ajfa-5200	252	40	.	.	PUNCT
ajfa-5200	253	1	journal	journal	PROPN
ajfa-5200	253	2	of	of	ADP
ajfa-5200	253	3	business	business	NOUN
ajfa-5200	253	4	and	and	CCONJ
ajfa-5200	253	5	economic	economic	ADJ
ajfa-5200	253	6	statistics	statistic	NOUN
ajfa-5200	253	7	,	,	PUNCT
ajfa-5200	253	8	19(2	19(2	NUM
ajfa-5200	253	9	)	)	PUNCT
ajfa-5200	253	10	,	,	PUNCT
ajfa-5200	253	11	166	166	NUM
ajfa-5200	253	12	-	-	SYM
ajfa-5200	253	13	176	176	NUM
ajfa-5200	253	14	http://dx.doi.org/10.1198/073500101316970395	http://dx.doi.org/10.1198/073500101316970395	NOUN
ajfa-5200	253	15	enders	ender	NOUN
ajfa-5200	253	16	,	,	PUNCT
ajfa-5200	253	17	w.	w.	PROPN
ajfa-5200	253	18	,	,	PUNCT
ajfa-5200	253	19	&	&	CCONJ
ajfa-5200	253	20	granger	granger	PROPN
ajfa-5200	253	21	,	,	PUNCT
ajfa-5200	253	22	c.w.j	c.w.j	NOUN
ajfa-5200	253	23	.	.	PUNCT
ajfa-5200	254	1	(	(	PUNCT
ajfa-5200	254	2	1998	1998	NUM
ajfa-5200	254	3	)	)	PUNCT
ajfa-5200	254	4	.	.	PUNCT
ajfa-5200	255	1	unit	unit	NOUN
ajfa-5200	255	2	root	root	NOUN
ajfa-5200	255	3	tests	test	NOUN
ajfa-5200	255	4	and	and	CCONJ
ajfa-5200	255	5	asymmetric	asymmetric	ADJ
ajfa-5200	255	6	adjustment	adjustment	NOUN
ajfa-5200	255	7	with	with	ADP
ajfa-5200	255	8	an	an	DET
ajfa-5200	255	9	example	example	NOUN
ajfa-5200	255	10	using	use	VERB
ajfa-5200	255	11	the	the	DET
ajfa-5200	255	12	term	term	NOUN
ajfa-5200	255	13	structure	structure	NOUN
ajfa-5200	255	14	of	of	ADP
ajfa-5200	255	15	interest	interest	NOUN
ajfa-5200	255	16	rates	rate	NOUN
ajfa-5200	255	17	.	.	PUNCT
ajfa-5200	256	1	journal	journal	NOUN
ajfa-5200	256	2	of	of	ADP
ajfa-5200	256	3	business	business	NOUN
ajfa-5200	256	4	and	and	CCONJ
ajfa-5200	256	5	economic	economic	ADJ
ajfa-5200	256	6	statistics	statistic	NOUN
ajfa-5200	256	7	,	,	PUNCT
ajfa-5200	256	8	16(3	16(3	NOUN
ajfa-5200	256	9	)	)	PUNCT
ajfa-5200	256	10	,	,	PUNCT
ajfa-5200	256	11	304	304	NUM
ajfa-5200	256	12	-	-	SYM
ajfa-5200	256	13	311	311	NUM
ajfa-5200	256	14	.	.	PUNCT
ajfa-5200	257	1	engle	engle	PROPN
ajfa-5200	257	2	,	,	PUNCT
ajfa-5200	257	3	r.f	r.f	PROPN
ajfa-5200	257	4	.	.	PROPN
ajfa-5200	257	5	,	,	PUNCT
ajfa-5200	257	6	hendry	hendry	PROPN
ajfa-5200	257	7	,	,	PUNCT
ajfa-5200	257	8	d.f	d.f	PROPN
ajfa-5200	257	9	.	.	PROPN
ajfa-5200	257	10	,	,	PUNCT
ajfa-5200	257	11	&	&	CCONJ
ajfa-5200	257	12	richard	richard	PROPN
ajfa-5200	257	13	,	,	PUNCT
ajfa-5200	257	14	j.f	j.f	PROPN
ajfa-5200	257	15	.	.	PROPN
ajfa-5200	257	16	(	(	PUNCT
ajfa-5200	257	17	1983	1983	NUM
ajfa-5200	257	18	)	)	PUNCT
ajfa-5200	257	19	.	.	PUNCT
ajfa-5200	258	1	exogeneity	exogeneity	NOUN
ajfa-5200	258	2	.	.	PUNCT
ajfa-5200	259	1	econometrica	econometrica	PROPN
ajfa-5200	259	2	,	,	PUNCT
ajfa-5200	259	3	51(2	51(2	NUM
ajfa-5200	259	4	)	)	PUNCT
ajfa-5200	259	5	,	,	PUNCT
ajfa-5200	259	6	277	277	NUM
ajfa-5200	259	7	-	-	SYM
ajfa-5200	259	8	304	304	NUM
ajfa-5200	259	9	.	.	PUNCT
ajfa-5200	260	1	http://dx.doi.org/10.2307/1911990	http://dx.doi.org/10.2307/1911990	PROPN
ajfa-5200	260	2	ewing	ewing	PROPN
ajfa-5200	260	3	,	,	PUNCT
ajfa-5200	260	4	b.	b.	PROPN
ajfa-5200	260	5	t.	t.	PROPN
ajfa-5200	260	6	,	,	PUNCT
ajfa-5200	260	7	hammoudeh	hammoudeh	PROPN
ajfa-5200	260	8	,	,	PUNCT
ajfa-5200	260	9	s.	s.	PROPN
ajfa-5200	260	10	m.	m.	PROPN
ajfa-5200	260	11	,	,	PUNCT
ajfa-5200	260	12	&	&	CCONJ
ajfa-5200	260	13	thompson	thompson	PROPN
ajfa-5200	260	14	,	,	PUNCT
ajfa-5200	260	15	m.	m.	NOUN
ajfa-5200	260	16	a.	a.	NOUN
ajfa-5200	260	17	(	(	PUNCT
ajfa-5200	260	18	2006	2006	NUM
ajfa-5200	260	19	)	)	PUNCT
ajfa-5200	260	20	.	.	PUNCT
ajfa-5200	261	1	examining	examine	VERB
ajfa-5200	261	2	asymmetric	asymmetric	ADJ
ajfa-5200	261	3	behavior	behavior	NOUN
ajfa-5200	261	4	in	in	ADP
ajfa-5200	261	5	us	us	PROPN
ajfa-5200	261	6	petroleum	petroleum	NOUN
ajfa-5200	261	7	futures	future	NOUN
ajfa-5200	261	8	and	and	CCONJ
ajfa-5200	261	9	spot	spot	NOUN
ajfa-5200	261	10	prices	price	NOUN
ajfa-5200	261	11	.	.	PUNCT
ajfa-5200	262	1	energy	energy	NOUN
ajfa-5200	262	2	journal	journal	NOUN
ajfa-5200	262	3	,	,	PUNCT
ajfa-5200	262	4	27(3	27(3	NUM
ajfa-5200	262	5	)	)	PUNCT
ajfa-5200	262	6	,	,	PUNCT
ajfa-5200	262	7	9	9	NUM
ajfa-5200	262	8	-	-	SYM
ajfa-5200	262	9	23	23	NUM
ajfa-5200	262	10	.	.	PUNCT
ajfa-5200	263	1	http://dx.doi.org/10.5547/issn0195-6574-ej-vol27-no3-2	http://dx.doi.org/10.5547/issn0195-6574-ej-vol27-no3-2	PROPN
ajfa-5200	263	2	forbes	forbes	PROPN
ajfa-5200	263	3	,	,	PUNCT
ajfa-5200	263	4	s.m	s.m	PROPN
ajfa-5200	263	5	.	.	PROPN
ajfa-5200	263	6	,	,	PUNCT
ajfa-5200	263	7	&	&	CCONJ
ajfa-5200	263	8	mayne	mayne	PROPN
ajfa-5200	263	9	,	,	PUNCT
ajfa-5200	263	10	l.s	l.s	PROPN
ajfa-5200	263	11	.	.	PROPN
ajfa-5200	263	12	(	(	PUNCT
ajfa-5200	263	13	1989	1989	NUM
ajfa-5200	263	14	)	)	PUNCT
ajfa-5200	263	15	.	.	PUNCT
ajfa-5200	264	1	a	a	DET
ajfa-5200	264	2	friction	friction	NOUN
ajfa-5200	264	3	model	model	NOUN
ajfa-5200	264	4	of	of	ADP
ajfa-5200	264	5	the	the	DET
ajfa-5200	264	6	prime	prime	NOUN
ajfa-5200	264	7	.	.	PUNCT
ajfa-5200	265	1	journal	journal	NOUN
ajfa-5200	265	2	of	of	ADP
ajfa-5200	265	3	banking	banking	NOUN
ajfa-5200	265	4	and	and	CCONJ
ajfa-5200	265	5	finance	finance	NOUN
ajfa-5200	265	6	,	,	PUNCT
ajfa-5200	265	7	13	13	NUM
ajfa-5200	265	8	,	,	PUNCT
ajfa-5200	265	9	127	127	NUM
ajfa-5200	265	10	-	-	SYM
ajfa-5200	265	11	135	135	NUM
ajfa-5200	265	12	.	.	PUNCT
ajfa-5200	266	1	http://dx.doi.org/10.1016/0378-4266(89)90023-x	http://dx.doi.org/10.1016/0378-4266(89)90023-x	PROPN
ajfa-5200	266	2	frost	frost	NOUN
ajfa-5200	266	3	,	,	PUNCT
ajfa-5200	266	4	d.	d.	PROPN
ajfa-5200	266	5	,	,	PUNCT
ajfa-5200	266	6	&	&	CCONJ
ajfa-5200	266	7	bowden	bowden	PROPN
ajfa-5200	266	8	,	,	PUNCT
ajfa-5200	266	9	r.	r.	PROPN
ajfa-5200	266	10	(	(	PUNCT
ajfa-5200	266	11	1999	1999	NUM
ajfa-5200	266	12	)	)	PUNCT
ajfa-5200	266	13	.	.	PUNCT
ajfa-5200	267	1	an	an	DET
ajfa-5200	267	2	asymmetry	asymmetry	NOUN
ajfa-5200	267	3	generator	generator	NOUN
ajfa-5200	267	4	for	for	ADP
ajfa-5200	267	5	error	error	NOUN
ajfa-5200	267	6	-	-	PUNCT
ajfa-5200	267	7	correction	correction	NOUN
ajfa-5200	267	8	mechanisms	mechanism	NOUN
ajfa-5200	267	9	with	with	ADP
ajfa-5200	267	10	application	application	NOUN
ajfa-5200	267	11	to	to	ADP
ajfa-5200	267	12	bank	bank	NOUN
ajfa-5200	267	13	mortgage	mortgage	NOUN
ajfa-5200	267	14	-	-	PUNCT
ajfa-5200	267	15	rate	rate	NOUN
ajfa-5200	267	16	dynamics	dynamic	NOUN
ajfa-5200	267	17	.	.	PUNCT
ajfa-5200	268	1	journal	journal	PROPN
ajfa-5200	268	2	of	of	ADP
ajfa-5200	268	3	business	business	PROPN
ajfa-5200	268	4	&	&	CCONJ
ajfa-5200	268	5	economic	economic	ADJ
ajfa-5200	268	6	statistics	statistic	NOUN
ajfa-5200	268	7	,	,	PUNCT
ajfa-5200	268	8	17(2	17(2	NUM
ajfa-5200	268	9	)	)	PUNCT
ajfa-5200	268	10	,	,	PUNCT
ajfa-5200	268	11	253	253	NUM
ajfa-5200	268	12	-	-	SYM
ajfa-5200	268	13	263	263	NUM
ajfa-5200	268	14	.	.	PUNCT
ajfa-5200	269	1	goldberger	goldberg	ADJ
ajfa-5200	269	2	,	,	PUNCT
ajfa-5200	269	3	m.a	m.a	PROPN
ajfa-5200	269	4	.	.	PROPN
ajfa-5200	269	5	(	(	PUNCT
ajfa-5200	269	6	1984	1984	NUM
ajfa-5200	269	7	)	)	PUNCT
ajfa-5200	269	8	.	.	PUNCT
ajfa-5200	270	1	the	the	DET
ajfa-5200	270	2	sensitivity	sensitivity	NOUN
ajfa-5200	270	3	of	of	ADP
ajfa-5200	270	4	the	the	DET
ajfa-5200	270	5	prime	prime	ADJ
ajfa-5200	270	6	rate	rate	NOUN
ajfa-5200	270	7	to	to	ADP
ajfa-5200	270	8	money	money	NOUN
ajfa-5200	270	9	market	market	NOUN
ajfa-5200	270	10	conditions	condition	NOUN
ajfa-5200	270	11	.	.	PUNCT
ajfa-5200	271	1	journal	journal	NOUN
ajfa-5200	271	2	of	of	ADP
ajfa-5200	271	3	financial	financial	ADJ
ajfa-5200	271	4	research	research	NOUN
ajfa-5200	271	5	,	,	PUNCT
ajfa-5200	271	6	7(4	7(4	NUM
ajfa-5200	271	7	)	)	PUNCT
ajfa-5200	271	8	,	,	PUNCT
ajfa-5200	271	9	269	269	NUM
ajfa-5200	271	10	-	-	SYM
ajfa-5200	271	11	280	280	NUM
ajfa-5200	271	12	.	.	PUNCT
ajfa-5200	272	1	hannan	hannan	PROPN
ajfa-5200	272	2	,	,	PUNCT
ajfa-5200	272	3	t.h	t.h	PROPN
ajfa-5200	272	4	.	.	PROPN
ajfa-5200	272	5	,	,	PUNCT
ajfa-5200	272	6	&	&	CCONJ
ajfa-5200	272	7	berger	berger	PROPN
ajfa-5200	272	8	,	,	PUNCT
ajfa-5200	272	9	a.n	a.n	PROPN
ajfa-5200	272	10	.	.	PROPN
ajfa-5200	272	11	(	(	PUNCT
ajfa-5200	272	12	1991	1991	NUM
ajfa-5200	272	13	)	)	PUNCT
ajfa-5200	272	14	.	.	PUNCT
ajfa-5200	273	1	the	the	DET
ajfa-5200	273	2	rigidity	rigidity	NOUN
ajfa-5200	273	3	of	of	ADP
ajfa-5200	273	4	prices	price	NOUN
ajfa-5200	273	5	:	:	PUNCT
ajfa-5200	273	6	evidence	evidence	NOUN
ajfa-5200	273	7	from	from	ADP
ajfa-5200	273	8	the	the	DET
ajfa-5200	273	9	banking	banking	NOUN
ajfa-5200	273	10	industry	industry	NOUN
ajfa-5200	273	11	.	.	PUNCT
ajfa-5200	274	1	american	american	PROPN
ajfa-5200	274	2	economic	economic	PROPN
ajfa-5200	274	3	review	review	PROPN
ajfa-5200	274	4	,	,	PUNCT
ajfa-5200	274	5	81(4	81(4	NUM
ajfa-5200	274	6	)	)	PUNCT
ajfa-5200	274	7	,	,	PUNCT
ajfa-5200	274	8	938	938	NUM
ajfa-5200	274	9	-	-	SYM
ajfa-5200	274	10	945	945	NUM
ajfa-5200	274	11	.	.	PUNCT
ajfa-5200	275	1	heffernan	heffernan	PROPN
ajfa-5200	275	2	,	,	PUNCT
ajfa-5200	275	3	s.a	s.a	PROPN
ajfa-5200	275	4	.	.	PROPN
ajfa-5200	275	5	(	(	PUNCT
ajfa-5200	275	6	1997	1997	NUM
ajfa-5200	275	7	)	)	PUNCT
ajfa-5200	275	8	.	.	PUNCT
ajfa-5200	276	1	modeling	model	VERB
ajfa-5200	276	2	british	british	ADJ
ajfa-5200	276	3	interest	interest	NOUN
ajfa-5200	276	4	rate	rate	NOUN
ajfa-5200	276	5	adjustment	adjustment	NOUN
ajfa-5200	276	6	:	:	PUNCT
ajfa-5200	276	7	an	an	DET
ajfa-5200	276	8	error	error	NOUN
ajfa-5200	276	9	correction	correction	NOUN
ajfa-5200	276	10	approach	approach	NOUN
ajfa-5200	276	11	.	.	PUNCT
ajfa-5200	277	1	economica	economica	PROPN
ajfa-5200	277	2	,	,	PUNCT
ajfa-5200	277	3	64	64	NUM
ajfa-5200	277	4	,	,	PUNCT
ajfa-5200	277	5	211	211	NUM
ajfa-5200	277	6	-	-	SYM
ajfa-5200	277	7	231	231	NUM
ajfa-5200	277	8	.	.	PUNCT
ajfa-5200	278	1	http://dx.doi.org/10.1111/1468-0335.00074	http://dx.doi.org/10.1111/1468-0335.00074	PROPN
ajfa-5200	278	2	hofmann	hofmann	PROPN
ajfa-5200	278	3	,	,	PUNCT
ajfa-5200	278	4	b.	b.	PROPN
ajfa-5200	278	5	,	,	PUNCT
ajfa-5200	278	6	&	&	CCONJ
ajfa-5200	278	7	mizen	mizen	PROPN
ajfa-5200	278	8	,	,	PUNCT
ajfa-5200	278	9	p.	p.	NOUN
ajfa-5200	278	10	(	(	PUNCT
ajfa-5200	278	11	2004	2004	NUM
ajfa-5200	278	12	)	)	PUNCT
ajfa-5200	278	13	.	.	PUNCT
ajfa-5200	279	1	interest	interest	NOUN
ajfa-5200	279	2	rate	rate	NOUN
ajfa-5200	279	3	pass	pass	VERB
ajfa-5200	279	4	-	-	PUNCT
ajfa-5200	279	5	through	through	NOUN
ajfa-5200	279	6	and	and	CCONJ
ajfa-5200	279	7	monetary	monetary	ADJ
ajfa-5200	279	8	transmission	transmission	NOUN
ajfa-5200	279	9	:	:	PUNCT
ajfa-5200	279	10	evidence	evidence	NOUN
ajfa-5200	279	11	from	from	ADP
ajfa-5200	279	12	individual	individual	ADJ
ajfa-5200	279	13	financial	financial	ADJ
ajfa-5200	279	14	institutions	institution	NOUN
ajfa-5200	279	15	’	'	PUNCT
ajfa-5200	279	16	retail	retail	ADJ
ajfa-5200	279	17	rates	rate	NOUN
ajfa-5200	279	18	.	.	PUNCT
ajfa-5200	280	1	economica	economica	PROPN
ajfa-5200	280	2	,	,	PUNCT
ajfa-5200	280	3	71	71	NUM
ajfa-5200	280	4	,	,	PUNCT
ajfa-5200	280	5	99	99	NUM
ajfa-5200	280	6	-	-	SYM
ajfa-5200	280	7	123	123	NUM
ajfa-5200	280	8	.	.	PUNCT
ajfa-5200	281	1	http://dx.doi.org/10.1111/j.0013-0427.2004.00359.x	http://dx.doi.org/10.1111/j.0013-0427.2004.00359.x	NOUN
ajfa-5200	281	2	international	international	ADJ
ajfa-5200	281	3	monetary	monetary	ADJ
ajfa-5200	281	4	fund	fund	NOUN
ajfa-5200	281	5	.	.	PUNCT
ajfa-5200	282	1	(	(	PUNCT
ajfa-5200	282	2	2006	2006	NUM
ajfa-5200	282	3	)	)	PUNCT
ajfa-5200	282	4	.	.	PUNCT
ajfa-5200	283	1	staff	staff	NOUN
ajfa-5200	283	2	report	report	NOUN
ajfa-5200	283	3	for	for	ADP
ajfa-5200	283	4	the	the	DET
ajfa-5200	283	5	2006	2006	NUM
ajfa-5200	283	6	article	article	NOUN
ajfa-5200	283	7	iv	iv	NUM
ajfa-5200	283	8	consultation	consultation	NOUN
ajfa-5200	283	9	.	.	PUNCT
ajfa-5200	284	1	imf	imf	PROPN
ajfa-5200	284	2	country	country	PROPN
ajfa-5200	284	3	report	report	VERB
ajfa-5200	284	4	6/421	6/421	NUM
ajfa-5200	284	5	.	.	PUNCT
ajfa-5200	285	1	washington	washington	PROPN
ajfa-5200	285	2	,	,	PUNCT
ajfa-5200	285	3	international	international	ADJ
ajfa-5200	285	4	monetary	monetary	ADJ
ajfa-5200	285	5	fund	fund	NOUN
ajfa-5200	285	6	.	.	PUNCT
ajfa-5200	286	1	_	_	PUNCT
ajfa-5200	287	1	_	_	PUNCT
ajfa-5200	288	1	_	_	PUNCT
ajfa-5200	289	1	_	_	PUNCT
ajfa-5200	290	1	_	_	PUNCT
ajfa-5200	291	1	_	_	PUNCT
ajfa-5200	292	1	_	_	PUNCT
ajfa-5200	293	1	_	_	PUNCT
ajfa-5200	294	1	_	_	PUNCT
ajfa-5200	295	1	_	_	PUNCT
ajfa-5200	296	1	_	_	PUNCT
ajfa-5200	297	1	_	_	PUNCT
ajfa-5200	298	1	_	_	PUNCT
ajfa-5200	299	1	_	_	PUNCT
ajfa-5200	300	1	_	_	PUNCT
ajfa-5200	301	1	_	_	PUNCT
ajfa-5200	302	1	_	_	PUNCT
ajfa-5200	303	1	_	_	PUNCT
ajfa-5200	304	1	_	_	PUNCT
ajfa-5200	305	1	_	_	PUNCT
ajfa-5200	306	1	_	_	PUNCT
ajfa-5200	307	1	_	_	PUNCT
ajfa-5200	308	1	_	_	PUNCT
ajfa-5200	309	1	_	_	PUNCT
ajfa-5200	309	2	.	.	PUNCT
ajfa-5200	310	1	(	(	PUNCT
ajfa-5200	310	2	1998	1998	NUM
ajfa-5200	310	3	)	)	PUNCT
ajfa-5200	310	4	.	.	PUNCT
ajfa-5200	311	1	vietnam	vietnam	PROPN
ajfa-5200	311	2	selected	select	VERB
ajfa-5200	311	3	issues	issue	NOUN
ajfa-5200	311	4	and	and	CCONJ
ajfa-5200	311	5	statistical	statistical	ADJ
ajfa-5200	311	6	annex	annex	NOUN
ajfa-5200	311	7	.	.	PUNCT
ajfa-5200	312	1	imf	imf	PROPN
ajfa-5200	312	2	country	country	PROPN
ajfa-5200	312	3	report	report	PROPN
ajfa-5200	312	4	98/30	98/30	NUM
ajfa-5200	312	5	.	.	PUNCT
ajfa-5200	313	1	washington	washington	PROPN
ajfa-5200	313	2	,	,	PUNCT
ajfa-5200	313	3	international	international	ADJ
ajfa-5200	313	4	monetary	monetary	ADJ
ajfa-5200	313	5	fund	fund	PROPN
ajfa-5200	313	6	.	.	PUNCT
ajfa-5200	314	1	levine	levine	PROPN
ajfa-5200	314	2	,	,	PUNCT
ajfa-5200	314	3	p.	p.	PROPN
ajfa-5200	314	4	,	,	PUNCT
ajfa-5200	314	5	&	&	CCONJ
ajfa-5200	314	6	loeb	loeb	PROPN
ajfa-5200	314	7	,	,	PUNCT
ajfa-5200	314	8	p.d	p.d	PROPN
ajfa-5200	314	9	.	.	PROPN
ajfa-5200	314	10	(	(	PUNCT
ajfa-5200	314	11	1989	1989	NUM
ajfa-5200	314	12	)	)	PUNCT
ajfa-5200	314	13	.	.	PUNCT
ajfa-5200	315	1	asymmetric	asymmetric	ADJ
ajfa-5200	315	2	behavior	behavior	NOUN
ajfa-5200	315	3	of	of	ADP
ajfa-5200	315	4	the	the	DET
ajfa-5200	315	5	prime	prime	ADJ
ajfa-5200	315	6	rate	rate	NOUN
ajfa-5200	315	7	of	of	ADP
ajfa-5200	315	8	interest	interest	NOUN
ajfa-5200	315	9	.	.	PUNCT
ajfa-5200	316	1	american	american	ADJ
ajfa-5200	316	2	economist	economist	NOUN
ajfa-5200	316	3	,	,	PUNCT
ajfa-5200	316	4	33	33	NUM
ajfa-5200	316	5	,	,	PUNCT
ajfa-5200	316	6	34	34	NUM
ajfa-5200	316	7	-	-	SYM
ajfa-5200	316	8	38	38	NUM
ajfa-5200	316	9	.	.	PUNCT
ajfa-5200	317	1	mester	mester	PROPN
ajfa-5200	317	2	,	,	PUNCT
ajfa-5200	317	3	l.j	l.j	PROPN
ajfa-5200	317	4	.	.	PROPN
ajfa-5200	317	5	,	,	PUNCT
ajfa-5200	317	6	&	&	CCONJ
ajfa-5200	317	7	saunders	saunders	PROPN
ajfa-5200	317	8	,	,	PUNCT
ajfa-5200	317	9	a.	a.	NOUN
ajfa-5200	317	10	(	(	PUNCT
ajfa-5200	317	11	1995	1995	NUM
ajfa-5200	317	12	)	)	PUNCT
ajfa-5200	317	13	.	.	PUNCT
ajfa-5200	318	1	when	when	SCONJ
ajfa-5200	318	2	does	do	AUX
ajfa-5200	318	3	the	the	DET
ajfa-5200	318	4	prime	prime	ADJ
ajfa-5200	318	5	rate	rate	NOUN
ajfa-5200	318	6	change	change	NOUN
ajfa-5200	318	7	?	?	PUNCT
ajfa-5200	319	1	journal	journal	NOUN
ajfa-5200	319	2	of	of	ADP
ajfa-5200	319	3	banking	banking	NOUN
ajfa-5200	319	4	and	and	CCONJ
ajfa-5200	319	5	finance	finance	NOUN
ajfa-5200	319	6	,	,	PUNCT
ajfa-5200	319	7	19	19	NUM
ajfa-5200	319	8	,	,	PUNCT
ajfa-5200	319	9	743	743	NUM
ajfa-5200	319	10	-	-	SYM
ajfa-5200	319	11	764	764	NUM
ajfa-5200	319	12	.	.	PUNCT
ajfa-5200	320	1	http://dx.doi.org/10.1016/0378-4266(94)00090-p	http://dx.doi.org/10.1016/0378-4266(94)00090-p	PROPN
ajfa-5200	320	2	moazzami	moazzami	PROPN
ajfa-5200	320	3	,	,	PUNCT
ajfa-5200	320	4	b.	b.	PROPN
ajfa-5200	320	5	(	(	PUNCT
ajfa-5200	320	6	1999	1999	NUM
ajfa-5200	320	7	)	)	PUNCT
ajfa-5200	320	8	.	.	PUNCT
ajfa-5200	321	1	lending	lending	NOUN
ajfa-5200	321	2	rate	rate	NOUN
ajfa-5200	321	3	stickiness	stickiness	NOUN
ajfa-5200	321	4	and	and	CCONJ
ajfa-5200	321	5	monetary	monetary	ADJ
ajfa-5200	321	6	transmission	transmission	NOUN
ajfa-5200	321	7	mechanism	mechanism	NOUN
ajfa-5200	321	8	:	:	PUNCT
ajfa-5200	321	9	the	the	DET
ajfa-5200	321	10	case	case	NOUN
ajfa-5200	321	11	of	of	ADP
ajfa-5200	321	12	canada	canada	PROPN
ajfa-5200	321	13	and	and	CCONJ
ajfa-5200	321	14	the	the	DET
ajfa-5200	321	15	united	united	PROPN
ajfa-5200	321	16	states	states	PROPN
ajfa-5200	321	17	.	.	PUNCT
ajfa-5200	322	1	applied	apply	VERB
ajfa-5200	322	2	financial	financial	ADJ
ajfa-5200	322	3	economics	economic	NOUN
ajfa-5200	322	4	,	,	PUNCT
ajfa-5200	322	5	9	9	NUM
ajfa-5200	322	6	,	,	PUNCT
ajfa-5200	322	7	533	533	NUM
ajfa-5200	322	8	-	-	SYM
ajfa-5200	322	9	538	538	NUM
ajfa-5200	322	10	.	.	PUNCT
ajfa-5200	323	1	http://dx.doi.org/10.1080/096031099331989	http://dx.doi.org/10.1080/096031099331989	PROPN
ajfa-5200	323	2	asian	asian	PROPN
ajfa-5200	323	3	journal	journal	PROPN
ajfa-5200	323	4	of	of	ADP
ajfa-5200	323	5	finance	finance	PROPN
ajfa-5200	323	6	&	&	CCONJ
ajfa-5200	323	7	accounting	accounting	PROPN
ajfa-5200	323	8	issn	issn	PROPN
ajfa-5200	323	9	1946	1946	NUM
ajfa-5200	323	10	-	-	PUNCT
ajfa-5200	323	11	052x	052x	PROPN
ajfa-5200	323	12	2014	2014	NUM
ajfa-5200	323	13	,	,	PUNCT
ajfa-5200	323	14	vol	vol	NOUN
ajfa-5200	323	15	.	.	PROPN
ajfa-5200	323	16	6	6	NUM
ajfa-5200	323	17	,	,	PUNCT
ajfa-5200	323	18	no	no	INTJ
ajfa-5200	323	19	.	.	NOUN
ajfa-5200	323	20	1	1	NUM
ajfa-5200	323	21	www.macrothink.org/ajfa	www.macrothink.org/ajfa	NUM
ajfa-5200	323	22	174	174	NUM
ajfa-5200	323	23	neumark	neumark	PROPN
ajfa-5200	323	24	,	,	PUNCT
ajfa-5200	323	25	d.	d.	PROPN
ajfa-5200	323	26	,	,	PUNCT
ajfa-5200	323	27	&	&	CCONJ
ajfa-5200	323	28	sharpe	sharpe	PROPN
ajfa-5200	323	29	,	,	PUNCT
ajfa-5200	323	30	s.	s.	PROPN
ajfa-5200	323	31	(	(	PUNCT
ajfa-5200	323	32	1992	1992	NUM
ajfa-5200	323	33	)	)	PUNCT
ajfa-5200	323	34	.	.	PUNCT
ajfa-5200	324	1	market	market	NOUN
ajfa-5200	324	2	structure	structure	NOUN
ajfa-5200	324	3	and	and	CCONJ
ajfa-5200	324	4	the	the	DET
ajfa-5200	324	5	nature	nature	NOUN
ajfa-5200	324	6	of	of	ADP
ajfa-5200	324	7	price	price	NOUN
ajfa-5200	324	8	rigidity	rigidity	NOUN
ajfa-5200	324	9	:	:	PUNCT
ajfa-5200	324	10	evidence	evidence	NOUN
ajfa-5200	324	11	from	from	ADP
ajfa-5200	324	12	the	the	DET
ajfa-5200	324	13	market	market	NOUN
ajfa-5200	324	14	for	for	ADP
ajfa-5200	324	15	consumer	consumer	NOUN
ajfa-5200	324	16	deposits	deposit	NOUN
ajfa-5200	324	17	.	.	PUNCT
ajfa-5200	325	1	quarterly	quarterly	ADJ
ajfa-5200	325	2	journal	journal	NOUN
ajfa-5200	325	3	of	of	ADP
ajfa-5200	325	4	economics	economic	NOUN
ajfa-5200	325	5	,	,	PUNCT
ajfa-5200	325	6	107(2	107(2	NUM
ajfa-5200	325	7	)	)	PUNCT
ajfa-5200	325	8	,	,	PUNCT
ajfa-5200	325	9	657	657	NUM
ajfa-5200	325	10	-	-	SYM
ajfa-5200	325	11	680	680	NUM
ajfa-5200	325	12	.	.	PUNCT
ajfa-5200	326	1	http://dx.doi.org/10.2307/2118485	http://dx.doi.org/10.2307/2118485	NOUN
ajfa-5200	326	2	nguyen	nguyen	PROPN
ajfa-5200	326	3	,	,	PUNCT
ajfa-5200	326	4	c.v	c.v	PROPN
ajfa-5200	326	5	.	.	PROPN
ajfa-5200	326	6	,	,	PUNCT
ajfa-5200	326	7	paskelian	paskelian	NOUN
ajfa-5200	326	8	,	,	PUNCT
ajfa-5200	326	9	o.	o.	PROPN
ajfa-5200	326	10	,	,	PUNCT
ajfa-5200	326	11	&	&	CCONJ
ajfa-5200	326	12	whitworth	whitworth	PROPN
ajfa-5200	326	13	,	,	PUNCT
ajfa-5200	326	14	j.	j.	PROPN
ajfa-5200	326	15	(	(	PUNCT
ajfa-5200	326	16	2010	2010	NUM
ajfa-5200	326	17	)	)	PUNCT
ajfa-5200	326	18	.	.	PUNCT
ajfa-5200	327	1	the	the	DET
ajfa-5200	327	2	us	us	PROPN
ajfa-5200	327	3	stock	stock	NOUN
ajfa-5200	327	4	price	price	NOUN
ajfa-5200	327	5	behavior	behavior	NOUN
ajfa-5200	327	6	and	and	CCONJ
ajfa-5200	327	7	the	the	DET
ajfa-5200	327	8	m1	m1	PROPN
ajfa-5200	327	9	money	money	NOUN
ajfa-5200	327	10	supply	supply	NOUN
ajfa-5200	327	11	.	.	PUNCT
ajfa-5200	328	1	the	the	DET
ajfa-5200	328	2	global	global	ADJ
ajfa-5200	328	3	journal	journal	PROPN
ajfa-5200	328	4	of	of	ADP
ajfa-5200	328	5	finance	finance	NOUN
ajfa-5200	328	6	and	and	CCONJ
ajfa-5200	328	7	economics	economic	NOUN
ajfa-5200	328	8	,	,	PUNCT
ajfa-5200	328	9	7(1	7(1	NUM
ajfa-5200	328	10	)	)	PUNCT
ajfa-5200	328	11	,	,	PUNCT
ajfa-5200	328	12	11	11	NUM
ajfa-5200	328	13	-	-	SYM
ajfa-5200	328	14	19	19	NUM
ajfa-5200	328	15	.	.	PUNCT
ajfa-5200	328	16	petrucelli	petrucelli	PROPN
ajfa-5200	328	17	,	,	PUNCT
ajfa-5200	328	18	j.	j.	PROPN
ajfa-5200	328	19	,	,	PUNCT
ajfa-5200	328	20	&	&	CCONJ
ajfa-5200	328	21	woolford	woolford	PROPN
ajfa-5200	328	22	,	,	PUNCT
ajfa-5200	328	23	s.	s.	PROPN
ajfa-5200	328	24	(	(	PUNCT
ajfa-5200	328	25	1984	1984	NUM
ajfa-5200	328	26	)	)	PUNCT
ajfa-5200	328	27	.	.	PUNCT
ajfa-5200	329	1	a	a	DET
ajfa-5200	329	2	threshold	threshold	NOUN
ajfa-5200	329	3	ar(1	ar(1	NOUN
ajfa-5200	329	4	)	)	PUNCT
ajfa-5200	329	5	model	model	NOUN
ajfa-5200	329	6	.	.	PUNCT
ajfa-5200	330	1	journal	journal	PROPN
ajfa-5200	330	2	of	of	ADP
ajfa-5200	330	3	applied	apply	VERB
ajfa-5200	330	4	probability	probability	NOUN
ajfa-5200	330	5	,	,	PUNCT
ajfa-5200	330	6	21	21	NUM
ajfa-5200	330	7	,	,	PUNCT
ajfa-5200	330	8	473	473	NUM
ajfa-5200	330	9	-	-	SYM
ajfa-5200	330	10	481	481	NUM
ajfa-5200	330	11	.	.	PUNCT
ajfa-5200	331	1	sarno	sarno	PROPN
ajfa-5200	331	2	,	,	PUNCT
ajfa-5200	331	3	l.	l.	PROPN
ajfa-5200	331	4	,	,	PUNCT
ajfa-5200	331	5	&	&	CCONJ
ajfa-5200	331	6	thornton	thornton	PROPN
ajfa-5200	331	7	,	,	PUNCT
ajfa-5200	331	8	d.	d.	PROPN
ajfa-5200	331	9	l.	l.	PROPN
ajfa-5200	331	10	(	(	PUNCT
ajfa-5200	331	11	2003	2003	NUM
ajfa-5200	331	12	)	)	PUNCT
ajfa-5200	331	13	.	.	PUNCT
ajfa-5200	332	1	the	the	DET
ajfa-5200	332	2	dynamic	dynamic	ADJ
ajfa-5200	332	3	relationship	relationship	NOUN
ajfa-5200	332	4	between	between	ADP
ajfa-5200	332	5	the	the	DET
ajfa-5200	332	6	federal	federal	ADJ
ajfa-5200	332	7	funds	fund	NOUN
ajfa-5200	332	8	rate	rate	NOUN
ajfa-5200	332	9	and	and	CCONJ
ajfa-5200	332	10	the	the	DET
ajfa-5200	332	11	treasury	treasury	PROPN
ajfa-5200	332	12	bill	bill	NOUN
ajfa-5200	332	13	rate	rate	NOUN
ajfa-5200	332	14	:	:	PUNCT
ajfa-5200	332	15	an	an	DET
ajfa-5200	332	16	empirical	empirical	ADJ
ajfa-5200	332	17	investigation	investigation	NOUN
ajfa-5200	332	18	.	.	PUNCT
ajfa-5200	333	1	journal	journal	NOUN
ajfa-5200	333	2	of	of	ADP
ajfa-5200	333	3	banking	banking	NOUN
ajfa-5200	333	4	and	and	CCONJ
ajfa-5200	333	5	finance	finance	NOUN
ajfa-5200	333	6	,	,	PUNCT
ajfa-5200	333	7	27	27	NUM
ajfa-5200	333	8	,	,	PUNCT
ajfa-5200	333	9	1079	1079	NUM
ajfa-5200	333	10	-	-	SYM
ajfa-5200	333	11	1110	1110	NUM
ajfa-5200	333	12	.	.	PUNCT
ajfa-5200	334	1	http://dx.doi.org/10.1016/s0378-4266(02)00246-7	http://dx.doi.org/10.1016/s0378-4266(02)00246-7	PROPN
ajfa-5200	334	2	scholnick	scholnick	PROPN
ajfa-5200	334	3	,	,	PUNCT
ajfa-5200	334	4	b.	b.	PROPN
ajfa-5200	334	5	(	(	PUNCT
ajfa-5200	334	6	1999	1999	NUM
ajfa-5200	334	7	)	)	PUNCT
ajfa-5200	334	8	.	.	PUNCT
ajfa-5200	335	1	interest	interest	NOUN
ajfa-5200	335	2	rate	rate	NOUN
ajfa-5200	335	3	asymmetries	asymmetry	NOUN
ajfa-5200	335	4	in	in	ADP
ajfa-5200	335	5	long	long	ADJ
ajfa-5200	335	6	-	-	PUNCT
ajfa-5200	335	7	term	term	NOUN
ajfa-5200	335	8	loan	loan	NOUN
ajfa-5200	335	9	and	and	CCONJ
ajfa-5200	335	10	deposit	deposit	NOUN
ajfa-5200	335	11	markets	market	NOUN
ajfa-5200	335	12	.	.	PUNCT
ajfa-5200	336	1	journal	journal	NOUN
ajfa-5200	336	2	of	of	ADP
ajfa-5200	336	3	financial	financial	ADJ
ajfa-5200	336	4	services	service	NOUN
ajfa-5200	336	5	research	research	NOUN
ajfa-5200	336	6	,	,	PUNCT
ajfa-5200	336	7	16	16	NUM
ajfa-5200	336	8	,	,	PUNCT
ajfa-5200	336	9	5	5	NUM
ajfa-5200	336	10	-	-	SYM
ajfa-5200	336	11	26	26	NUM
ajfa-5200	336	12	.	.	PUNCT
ajfa-5200	337	1	http://dx.doi.org/10.1023/a:1008107030893	http://dx.doi.org/10.1023/a:1008107030893	PROPN
ajfa-5200	337	2	thompson	thompson	PROPN
ajfa-5200	337	3	,	,	PUNCT
ajfa-5200	337	4	m.a	m.a	PROPN
ajfa-5200	337	5	.	.	PROPN
ajfa-5200	337	6	(	(	PUNCT
ajfa-5200	337	7	2006	2006	NUM
ajfa-5200	337	8	)	)	PUNCT
ajfa-5200	337	9	.	.	PUNCT
ajfa-5200	338	1	asymmetric	asymmetric	ADJ
ajfa-5200	338	2	adjustment	adjustment	NOUN
ajfa-5200	338	3	in	in	ADP
ajfa-5200	338	4	the	the	DET
ajfa-5200	338	5	prime	prime	ADJ
ajfa-5200	338	6	lending	lending	NOUN
ajfa-5200	338	7	-	-	PUNCT
ajfa-5200	338	8	deposit	deposit	NOUN
ajfa-5200	338	9	rate	rate	NOUN
ajfa-5200	338	10	spread	spread	NOUN
ajfa-5200	338	11	.	.	PUNCT
ajfa-5200	339	1	review	review	NOUN
ajfa-5200	339	2	of	of	ADP
ajfa-5200	339	3	financial	financial	ADJ
ajfa-5200	339	4	economics	economic	NOUN
ajfa-5200	339	5	,	,	PUNCT
ajfa-5200	339	6	15(4	15(4	NUM
ajfa-5200	339	7	)	)	PUNCT
ajfa-5200	339	8	,	,	PUNCT
ajfa-5200	339	9	323	323	NUM
ajfa-5200	339	10	-	-	SYM
ajfa-5200	339	11	329	329	NUM
ajfa-5200	339	12	.	.	PUNCT
ajfa-5200	340	1	http://dx.doi.org/10.1016/j.rfe.2005.12.002	http://dx.doi.org/10.1016/j.rfe.2005.12.002	NOUN
ajfa-5200	340	2	tkacz	tkacz	NOUN
ajfa-5200	340	3	,	,	PUNCT
ajfa-5200	340	4	g.	g.	PROPN
ajfa-5200	340	5	(	(	PUNCT
ajfa-5200	340	6	2001	2001	NUM
ajfa-5200	340	7	)	)	PUNCT
ajfa-5200	340	8	.	.	PUNCT
ajfa-5200	341	1	endogenous	endogenous	ADJ
ajfa-5200	341	2	thresholds	threshold	NOUN
ajfa-5200	341	3	and	and	CCONJ
ajfa-5200	341	4	tests	test	NOUN
ajfa-5200	341	5	of	of	ADP
ajfa-5200	341	6	asymmetry	asymmetry	NOUN
ajfa-5200	341	7	in	in	ADP
ajfa-5200	341	8	u.s	u.s	PROPN
ajfa-5200	341	9	.	.	PROPN
ajfa-5200	341	10	prime	prime	ADJ
ajfa-5200	341	11	rate	rate	NOUN
ajfa-5200	341	12	movements	movement	NOUN
ajfa-5200	341	13	.	.	PUNCT
ajfa-5200	342	1	economic	economic	ADJ
ajfa-5200	342	2	letters	letter	NOUN
ajfa-5200	342	3	,	,	PUNCT
ajfa-5200	342	4	73	73	NUM
ajfa-5200	342	5	,	,	PUNCT
ajfa-5200	342	6	207	207	NUM
ajfa-5200	342	7	-	-	SYM
ajfa-5200	342	8	211	211	NUM
ajfa-5200	342	9	.	.	PUNCT
ajfa-5200	343	1	http://dx.doi.org/10.1016/s0165-1765(01)00489-x	http://dx.doi.org/10.1016/s0165-1765(01)00489-x	PROPN
ajfa-5200	343	2	wray	wray	PROPN
ajfa-5200	343	3	,	,	PUNCT
ajfa-5200	343	4	r.	r.	PROPN
ajfa-5200	343	5	l.	l.	PROPN
ajfa-5200	343	6	(	(	PUNCT
ajfa-5200	343	7	1998	1998	NUM
ajfa-5200	343	8	)	)	PUNCT
ajfa-5200	343	9	.	.	PUNCT
ajfa-5200	344	1	modern	modern	ADJ
ajfa-5200	344	2	money	money	NOUN
ajfa-5200	344	3	.	.	PUNCT
ajfa-5200	345	1	working	work	VERB
ajfa-5200	345	2	paper	paper	NOUN
ajfa-5200	345	3	no	no	INTJ
ajfa-5200	345	4	.	.	PROPN
ajfa-5200	345	5	232	232	NUM
ajfa-5200	345	6	,	,	PUNCT
ajfa-5200	345	7	the	the	DET
ajfa-5200	345	8	jerome	jerome	PROPN
ajfa-5200	345	9	levy	levy	PROPN
ajfa-5200	345	10	economics	economics	PROPN
ajfa-5200	345	11	institute	institute	PROPN
ajfa-5200	345	12	,	,	PUNCT
ajfa-5200	345	13	september	september	PROPN
ajfa-5200	345	14	.	.	PUNCT
