𝔖 Bobbio Scriptorium
✦   LIBER   ✦

Nonlinear trends in real exchange rates: A panel unit root test approach

✍ Scribed by David O. Cushman; Nils Michael

Book ID
116659166
Publisher
Elsevier Science
Year
2011
Tongue
English
Weight
242 KB
Volume
30
Category
Article
ISSN
0261-5606

No coin nor oath required. For personal study only.

πŸ“œ SIMILAR VOLUMES

Are real exchange rates stationary based
Are real exchange rates stationary based on panel unit-root tests? Evidence from Pacific Basin countries
✍ Jyh-Lin Wu; Show-Lin Chen πŸ“‚ Article πŸ“… 1999 πŸ› John Wiley and Sons 🌐 English βš– 151 KB

Recently, there have been many studies that apply the panel unit-root test of to support the validity of long-run purchasing power parity (PPP) for industrial countries. This paper applies two recently developed panel unit-root tests, provided by Im et al. (1995) and , respectively, to re-examine t

More powerful panel data unit root tests
More powerful panel data unit root tests with an application to mean reversion in real exchange rates
✍ L. Vanessa Smith; Stephen Leybourne; Tae-Hwan Kim; Paul Newbold πŸ“‚ Article πŸ“… 2004 πŸ› John Wiley and Sons 🌐 English βš– 153 KB

## Abstract Unit root tests, seeking mean or trend reversion, are frequently applied to panel data. We show that more powerful variants of commonly applied tests are readily available. Moreover, power gains persist when the modifications are applied to bootstrap procedures that may be employed when