Gibt es einen Weltrealzins
AbstractThe article examines the validity of real interest parity as a long run condition for the G7 countries. According to the hypothesis, differences of real interest rates are stationary. The hypothesis is supported by the means of panel unit root tests. Compared with standard unit root tests, these procedures rely on a broader long run information set and are better suited to detect a false null hypothesis.
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Bibliographic InfoArticle provided by Halle Institute for Economic Research in its journal Wirtschaft im Wandel.
Volume (Year): 6 (2000)
Issue (Month): 12 ()
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