Does the Long-Run Ppp Hypothesis Hold for Africa? : Evidence From Panel Co-Integration Study /
This paper addresses whether parallel market exchange rates in Africa behave in the long run in a manner consistent with the purchasing power parity (PPP) hypothesis. A recent econometric method, the panel co-integration test, enables us to examine the long-run PPP hypothesis by pooling the time-ser...
| Tác giả chính: | |
|---|---|
| Định dạng: | Tạp chí |
| Ngôn ngữ: | English |
| Được phát hành: |
Washington, D.C. :
International Monetary Fund,
1998.
|
| Loạt: | IMF Working Papers; Working Paper ;
No. 1998/123 |
| Truy cập trực tuyến: | Full text available on IMF |