Nonlinear Mean Reversion in Real Exchange Rates: Evidence from Developing and Emerging Market Economies
AbstractWe provide evidence on nonlinear mean reversion in the real exchange rates of developing and emerging market economies, using recently developed nonlinear unit root tests and a unique set of monthly data on black market exchange rates.
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Bibliographic InfoArticle provided by AccessEcon in its journal Economics Bulletin.
Volume (Year): 6 (2006)
Issue (Month): 7 ()
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- F3 - International Economics - - International Finance
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