Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
5062129 | Economics Letters | 2007 | 7 Pages |
Abstract
We apply the standard ADF test and a new test that incorporates non-linearity in time series to the real effective exchange rates of 23 industrial countries. The new test provides support for PPP in more countries than the ADF test.
Keywords
Related Topics
Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Mohsen Bahmani-Oskooee, Ali M. Kutan, Su Zhou,