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Long-run PPP may not hold after all

Listed author(s):
  • Engel, Charles

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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Article provided by Elsevier in its journal Journal of International Economics.

Volume (Year): 51 (2000)
Issue (Month): 2 (August)
Pages: 243-273

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Handle: RePEc:eee:inecon:v:51:y:2000:i:2:p:243-273
Contact details of provider: Web page: http://www.elsevier.com/locate/inca/505552

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  31. Cheung, Yin-Wong & Chinn, Menzie D, 1997. "Further Investigation of the Uncertain Unit Root in GNP," Journal of Business & Economic Statistics, American Statistical Association, vol. 15(1), pages 68-73, January.
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