Assessing the mean reversion behaviour of fiscal policy : the perspective of Asian countries
This study reexamines the validity of long-run purchasing power parity (PPP) hypothesis using a battery of panel unit root tests for 11 developing countries in Africa over the period 1980-2007. Based on the conventional panel unit root tests, we found evidence that the monthly real exchange rates in...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Taylor & Francis Group
2009
|
| Subjects: | |
| Online Access: | http://ir.unimas.my/id/eprint/1366/1/Assessing%2Bthe%2Bmean%2Breversion%2Bbehaviour%2Bof%2Bfiscal%2Bpolicy%2B-%2Bthe%2Bperspective%2Bof%2BAsian%2Bcountries.pdf http://ir.unimas.my/id/eprint/1366/ https://www.tandfonline.com/doi/full/10.1080/00036840601131755 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|