Exchange rate misalignment and nonlinear convergence to purchasing power parity in the European exchange rate mechanism

Applied Financial Economics

Volumn 11, Issue 5, 2001, Pages 511-526

  Iannizzotto, M ^a  

^a DURHAM UNIVERSITY   (United Kingdom)

Author keywords

[No Author keywords available]

Indexed keywords

CONVERGENCE; EXCHANGE RATE; INTERNATIONAL TRADE; PURCHASING POWER PARITY;

EUROPE;

EID: 0034808436     PISSN: 09603107     EISSN: None     Source Type: Journal    
DOI: 10.1080/096031001752236799     Document Type: Article

References (17)

1. Exchange rates, interest rates, capital controls and the EMS: Assessing the track record
2. Some issues concerning the long run credibility of the European monetary system
3. The equilibrium pricing of exchange rates and assets when trade takes time
4. Purchasing power parity under the European monetary system
5. Purchasing power parity in the major EMS countries: The role of price and exchange rate adjustment
6. Distribution of the estimators for auto-regressive time series with a unit root
7. Real exchange rates and macroeconomics. A selective survey
8. Dynamic equilibrium and the real exchange rate in a spatially separated world
9. The advantage of tying one's hands
10. The purchasing power parity puzzle
11. The exchange rate in the presence of transaction costs
12. An equilibrium model of exchange rate determination and asset pricing with non-traded goods and imperfect information
13. Specification, estimation and evaluation of smooth transition autogressive models