Article ID Journal Published Year Pages File Type
5062369 Economics Letters 2008 7 Pages PDF
Abstract

Using a nonlinear unit root test, we reject the null hypothesis of nonstationarity for most of the Asian-Pacific real exchange rates, but not for the Japanese yen based rates. There is more evidence for level stationarity in the Singapore dollar based rates than in other currency based rates.

Keywords
Related Topics
Social Sciences and Humanities Economics, Econometrics and Finance Economics and Econometrics
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