Long-run validity of purchasing power parity and rank tests for cointegration for Central Asian countries
This study finds that Purchasing Power Parity (PPP) holds in the long-run for Azerbaijan, Kazakhstan and Kyrgyzstan, based on Breitung’s (2001) rank tests for cointegration. Results from further analysis indicates that nominal exchange rates and relative prices are nonlinearly interrelated. Trad...
محفوظ في:
| المؤلفون الرئيسيون: | , , |
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| التنسيق: | E-Article |
| اللغة: | English |
| منشور في: |
Routledge
2010
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| الموضوعات: | |
| الوصول للمادة أونلاين: | http://ir.unimas.my/id/eprint/17991/7/Long-run%20validity%20of%20purchasing%20power%20parity%20%28abstract%29.pdf http://ir.unimas.my/id/eprint/17991/ http://www.tandfonline.com/doi/full/10.1080/00036840902762704 |
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