Please use this identifier to cite or link to this item: http://buratest.brunel.ac.uk/handle/2438/1024
Title: Is the real exchange rate stationary? - a similar sized test approach for the univariate panel cases
Authors: Beirne, J
Hunter, J
Simpson, M
Keywords: Non-stationarity, panel data, PPP, real exchange rate, stationarity
Issue Date: 2007
Publisher: Brunel University
Citation: Economics and Finance Discussion Paper, Brunel University, 07-03
Abstract: In this article we show that mean-adjusting Panel and Time Series unit root tests yields similar size when there is no drift. The conclusion of the empirics for Purchasing Power Parity is that it holds on average.
URI: http://bura.brunel.ac.uk/handle/2438/1024
Appears in Collections:Economics and Finance
Dept of Economics and Finance Research Papers

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