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Explaining the Tunisian Real Exchange: Long Memory versus Structural Breaks

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  • Slim Chaouachi
  • Zied Ftiti
  • Frederic Teulon

Abstract

This paper investigates the dilemma of long memory versus a switching regime for the Tunisian real exchange rate (TRER). Empirically, three long memory tests are implemented to examine the long-range dependence in the processes of Tunisian REER. All long

Suggested Citation

  • Slim Chaouachi & Zied Ftiti & Frederic Teulon, 2014. "Explaining the Tunisian Real Exchange: Long Memory versus Structural Breaks," Working Papers 2014-147, Department of Research, Ipag Business School.
    • Handle: RePEc:ipg:wpaper:2014-147
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    File URL: https://faculty-research.ipag.edu/wp-content/uploads/recherche/WP/IPAG_WP_2014_147.pdf
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    More about this item

    Keywords

    Real Exchange Rate; Long Memory; Structural Breaks; Spurious; and Tunisia.;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • F31 - International Economics - - International Finance - - - Foreign Exchange

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