Nonlinear Adjustment Of Real Exchange Rates Towards Purchasing Power Parity And The Asian Financial Crisis

This paper investigates the underlying dynamics of the adjustment process of the deviations of two selected ASEAN exchange rates from long-run equilibrium level as suggested by the well-known purchasing power parity (PPP) hypothesis. To accomplish this task, we estimate the standard linearity test...

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Bibliographic Details
Main Authors: Liew, Venus Khim-Sen, Ahmad Zubaidi, Baharumshah, Lim, Kian-Ping
Format: E-Article
Language:English
Published: Universiti Malaysia Sarawak, (UNIMAS) 2005
Subjects:
Online Access:http://ir.unimas.my/id/eprint/18662/1/Vol%206%20no.1%28abs5%29.pdf
http://ir.unimas.my/id/eprint/18662/
http://www.ijbs.unimas.my/index.php/content-abstract/all-issues/16-vol-6-no-1-2005/75-nonlinear-adjustment-of-real-exchange-rates-towards-purchasing-power-parity-and-the-asian-financial-crisis
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