Title of article :
Stationarity of Asian-Pacific real exchange rates
Author/Authors :
Su Zhou، نويسنده ,
Issue Information :
روزنامه با شماره پیاپی سال 2008
Abstract :
Using a nonlinear unit root test, we reject the null hypothesis of nonstationarity for most of the Asian-Pacific real exchange rates, but not for the Japanese yen based rates. There is more evidence for level stationarity in the Singapore dollar based rates than in other currency based rates.
Keywords :
Nonlinear stationarity , PPP , Asian-Pacific real exchange rates
Journal title :
Economics Letters
Journal title :
Economics Letters