The Library
Real exchange rates under the recent float : unequivocal evidence of mean reversion
Tools
Tools
Tools
Sarno, Lucio and Taylor, Mark P. (1998) Real exchange rates under the recent float : unequivocal evidence of mean reversion. Economics Letters, 60 (2). pp. 131-137. doi:10.1016/S0165-1765(98)00106-2
Research output not available from this repository, contact author.
Official URL: http://dx.doi.org/10.1016/S0165-1765(98)00106-2
Abstract
Standard multivariate tests of long-run PPP may reject nonstationarity when a single real exchange rate series is stationary. We apply a test where the null hypothesis is violated only when all series are stationary, and reject nonstationarity for real dollar rates.
| Item Type: | Journal Article | ||||
|---|---|---|---|---|---|
| Divisions: | Faculty of Social Sciences > Warwick Business School | ||||
| Journal or Publication Title: | Economics Letters | ||||
| Publisher: | Elsevier | ||||
| ISSN: | 0165-1765 | ||||
| Official Date: | 1998 | ||||
| Dates: |
|
||||
| Volume: | 60 | ||||
| Number: | 2 | ||||
| Page Range: | pp. 131-137 | ||||
| DOI: | 10.1016/S0165-1765(98)00106-2 | ||||
| Status: | Peer Reviewed | ||||
| Publication Status: | Published | ||||
| Access rights to Published version: | Restricted or Subscription Access |
Request changes or add full text files to a record
Repository staff actions (login required)
 |
View Item |
