Long-Run Exchange Rate Dynamics : A Panel Data Study /
Long-run movements of real exchange rates are studied using a panel data set comprising 51 economies. The purchasing power parity hypothesis (PPP) is examined first using unit root tests. It is found that PPP does not hold for the full sample of countries, but it may hold for the advanced economies,...
מחבר ראשי: | |
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מחברים אחרים: | |
פורמט: | כתב-עת |
שפה: | English |
יצא לאור: |
Washington, D.C. :
International Monetary Fund,
1999.
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סדרה: | IMF Working Papers; Working Paper ;
No. 1999/050 |
גישה מקוונת: | Full text available on IMF |