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Volume 24, Number 1, 2021

DOES ECONOMIC INTEGRATION INCREASE FEMALE LABOUR FORCE PARTICIPATION? SOME NEW EVIDENCE FROM VIETNAM

Seema Narayan, Tri Tung Nguyen, and Xuan-Hoa Nghiem SPILLOVER EFFECTS OF EXCHANGE RATE RETURNS IN SELECTED

ASIAN COUNTRIES Neluka Devpura TERRORIST ATTACKS AND CORPORATE INVESTMENT IN INDONESIA Dat Thanh Nguyen, Dinh Hoang Bach Phan, and Van Ky Long Nguyen ADJUSTMENT SPEED OF DEBT MATURITY: EVIDENCE FROM

FINANCIAL CRISES IN EAST ASIA Hasan Tekin, and Ali Yavuz Polat TRADE CREATION AND TRADE DIVERSION EFFECTS: THE CASE OF

THE ASEAN PLUS SIX FREE TRADE AREA Rossanto Dwi Handoyo, Lilik Sugiharti, and Miguel Angel Esquivias ASYMMETRIC TRANSMISSION OF MONETARY POLICY TO INTEREST RATES: EMPIRICAL EVIDENCE FROM INDONESIA

Fitri Ami Handayani, and Febrio Kacaribu FOREIGN OWNERSHIP, STOCK PERFORMANCE-RISK, AND

MACROECONOMIC FACTORS IN ASEAN COUNTRIES Ahmad Maulin Naufa, Mamduh M. Hanafi, and I Wayan Nuka Lantara

Bulletin of Monetary Economics and Banking - Volume 24, Number 1, 2021

ISSN 1410 - 8046 (Print) ISSN 2460 - 9196 (Online)

Internationally Indexed by

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Bulletin of Monetary Economics and Banking

Bank Indonesia

Patron

Board of Governors, Bank Indonesia Editor-in-Chief

Dr. Perry Warjiyo, Bank Indonesia, Indonesia Managing Editor

Prof. Paresh Kumar Narayan, Monash University, Australia Co-Managing Editors

Sahminan, Ph.D., Bank Indonesia, Indonesia

Dr. Andi M. Alfian Parewangi, University of Indonesia, Indonesia Board of Editors

Prof. Hal Hill, Australian National University, Australia Prof. Iwan Jaya Azis, Cornell University, USA

Prof. Anwar Nasution, University of Indonesia, Indonesia Prof. Iftekhar Hasan, Fordham University, USA

Prof. Miranda S. Goeltom, University of Indonesia, Indonesia Prof. Chun-Ping Chang, Shih Chien University, Taiwan Prof. Insukindro, Gadjah Mada University, Indonesia Prof. Ahmet Faruk Aysan, Istanbul Sehir University, Turkey Prof. Jonathan Batten, University Utara, Malaysia Prof. Niklas Wagner, University of Passau, Germany Prof. Takahiro Akita, International University of Japan Prof. Naoyuki Yoshino, Keio University, Tokyo, Japan Dr. M. Syamsuddin, Bandung Institute of Technology, Indonesia Dr. Iskandar Simorangkir, Bank Indonesia, Indonesia Dr. Solikin M. Juhro, Bank Indonesia, Indonesia Dr. Haris Munandar, Bank Indonesia, Indonesia

This bulletin is published by Bank Indonesia Institute, Bank Indonesia. Contents and research outcome in the articles of this bulletin are entirely the responsibility of the authors and do not represent Bank Indonesia’s views.

We invite all authors to write in this journal. The manuscript is submitted through the Bulletin of Monetary Economics and Banking's (BMEB) Open Journal System on www.bmeb-bi.org.

The bulletin is published quarterly. Any person who wishes to obtain this publication shall contact the Research Center of Bank Indonesia, D Tower, 10th floor, Jl. M.H. Thamrin No. 2, Jakarta, Phone (62-21) 2981-4617. For subscription, please contact: email: bmeb@bmeb-bi.org.

Accredited - SK: 36A / E / KPT / 2016

AUSTRALIAN

BUSINESS DEANS COUNCIL

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Bulletin of Monetary Economics and Banking

Volume 24, Number 1, 2021

CONTENT

Does Economic Integration Increase Female Labour Force Participation?

Some New Evidence From Vietnam

Seema Narayan, Tri Tung Nguyen, and Xuan-Hoa Nghiem__________ 1 - 34 Spillover Effects of Exchange Rate Returns in Selected Asian Countries

Neluka Devpura ______________________________________________ 35 - 52 Terrorist Attacks and Corporate Investment in Indonesia

Dat Thanh Nguyen, Dinh Hoang Bach Phan, and Van Ky Long Nguyen 53 - 70 Adjustment Speed of Debt Maturity: Evidence From Financial Crises

in East Asia

Hasan Tekin, and Ali Yavuz Polat ________________________________ 71 - 92 Trade Creation and Trade Diversion Effects: The Case of The Asean

Plus Six Free Trade Area

Rossanto Dwi Handoyo, Lilik Sugiharti, and Miguel Angel Esquivias _ 93 - 118 Asymmetric Transmission of Monetary Policy to Interest Rates:

Empirical Evidence From Indonesia

Fitri Ami Handayani, and Febrio Kacaribu ________________________ 119 - 150 Foreign Ownership, Stock Performance-Risk, and Macroeconomic

Factors in Asean Countries

Ahmad Maulin Naufa, Mamduh M. Hanafi, and I Wayan Nuka Lantara 151 - 168

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Bulletin of Monetary Economics and Banking, Volume 24, Number 1, 2021

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