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,...
| 主要作者: | |
|---|---|
| 其他作者: | |
| 格式: | 杂志 |
| 语言: | English |
| 出版: |
Washington, D.C. :
International Monetary Fund,
1999.
|
| 丛编: | IMF Working Papers; Working Paper ;
No. 1999/050 |
| 在线阅读: | Full text available on IMF |