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|Title:||Is the real exchange rate stationary? - a similar sized test approach for the univariate panel cases|
|Keywords:||Non-stationarity, panel data, PPP, real exchange rate, stationarity|
|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.|
|Appears in Collections:||Economics and Finance|
Dept of Economics and Finance Research Papers
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