Title of article :
Testing PPP in the non-linear STAR framework
Author/Authors :
Mohsen Bahmani-Oskooee، نويسنده , , Ali M. Kutan، نويسنده , , Su Zhou، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2007
Abstract :
We apply the standard ADF test and a new test that incorporates non-linearity in time series to the real effective exchange rates of 23 industrial countries. The new test provides support for PPP in more countries than the ADF test.
Keywords :
Non-linearity , Unit roots , PPP
Journal title :
Economics Letters
Journal title :
Economics Letters
