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Long-Run PPP May Not Hold After All

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  • Engel, C.

Abstract

Recent tests using long data series find evidence in favor of long-run PPP (by rejecting either the null hypothesis of unit roots in real exchange rates and relative prices.)

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Bibliographic Info

Paper provided by University of Washington, Department of Economics in its series Working Papers with number 96-05.

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Length: 32 pages
Date of creation: 1996
Date of revision:
Handle: RePEc:udb:wpaper:96-05

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Web page: http://www.econ.washington.edu/
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Keywords: UNIT ROOTS; EXCHANGE RATE; TESTS; ECONOMIC MODELS;

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References

References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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