The real exchange rateβreal interest rat
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Robert Sollis; Mark E. Wohar
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Article
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2006
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John Wiley and Sons
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English
β 212 KB
π 1 views
## Abstract This paper investigates the existence of threshold cointegration between real exchange rates and real interest rate differentials. Unlike previous work, which generally fails to find evidence of a longβrun relationship employing linear models, we employ tests of the null hypothesis of n