메뉴 건너뛰기




Volumn 33, Issue 3, 2001, Pages 767-789

How sure are we about purchasing power parity? Panel evidence with the null of stationary real exchange rates

Author keywords

[No Author keywords available]

Indexed keywords


EID: 0035613169     PISSN: 00222879     EISSN: None     Source Type: Journal    
DOI: 10.2307/2673893     Document Type: Article
Times cited : (22)

References (30)
  • 1
    • 0000383942 scopus 로고
    • An improved heteroskedasticity and autocorrelation consistent covariance matrix estimation
    • Andrews, Donald W.K., and Christopher Monahan. "An Improved Heteroskedasticity and Autocorrelation Consistent Covariance Matrix Estimation." Econometrica 60 (1992), 953-66.
    • (1992) Econometrica , vol.60 , pp. 953-966
    • Andrews, D.W.K.1    Monahan, C.2
  • 3
    • 0002893689 scopus 로고    scopus 로고
    • Testing the null of stationarity for multiple time series
    • Choi, In, and Byung Chul Ahn. "Testing the Null of Stationarity for Multiple Time Series." Journal of Econometrics 88 (1999), 41-78.
    • (1999) Journal of Econometrics , vol.88 , pp. 41-78
    • Choi, I.1    Ahn, B.C.2
  • 4
    • 0031287134 scopus 로고    scopus 로고
    • New panel unit root tests of PPP
    • Coakley, Jerry, and Ana Maria Fuertes. "New Panel Unit Root Tests of PPP." Economic Letters 57 (1997), 17-22.
    • (1997) Economic Letters , vol.57 , pp. 17-22
    • Coakley, J.1    Fuertes, A.M.2
  • 5
    • 0033938808 scopus 로고    scopus 로고
    • Long-run PPP may not hold after all
    • Engel, Charles. "Long-run PPP May Not Hold after All." Journal of International Economics 51 (2000), 243-73.
    • (2000) Journal of International Economics , vol.51 , pp. 243-273
    • Engel, C.1
  • 7
    • 77957239083 scopus 로고
    • Perspectives of PPP and long-run real exchange rates
    • edited by G. Grossman and K. Rogoff, Amsterdam: North-Holland
    • Froot, Kenneth A., and Kenneth Rogoff. "Perspectives of PPP and Long-run Real Exchange Rates." In Handbook of International Economics, edited by G. Grossman and K. Rogoff, pp. 1647-88. Vol. 3, Amsterdam: North-Holland, 1995.
    • (1995) Handbook of International Economics , vol.3 , pp. 1647-1688
    • Froot, K.A.1    Rogoff, K.2
  • 8
    • 0040122116 scopus 로고    scopus 로고
    • The grid bootstrap and the autoregressive model
    • Hansen, Bruce E. "The Grid Bootstrap and the Autoregressive Model." Review of Economics and Statistics 81 (1999), 594-607.
    • (1999) Review of Economics and Statistics , vol.81 , pp. 594-607
    • Hansen, B.E.1
  • 12
    • 34247480179 scopus 로고
    • Testing the null hypothesis of stationarity against the alternative of a unit root. How sure are we that economic time series have a unit root?
    • Kwiatkowski, Denis, Peter C.B. Phillips, Peter Schmidt, and Yongcheol Shin. "Testing the Null Hypothesis of Stationarity against the Alternative of a Unit Root. How Sure Are We That Economic Time Series Have a Unit Root?" Journal of Econometrics 54 (1992), 159-78.
    • (1992) Journal of Econometrics , vol.54 , pp. 159-178
    • Kwiatkowski, D.1    Phillips, P.C.B.2    Schmidt, P.3    Shin, Y.4
  • 13
    • 0030147258 scopus 로고    scopus 로고
    • On the power of stationarity tests using optimal bandwidth estimates
    • Lee, Junsoo. "On the Power of Stationarity Tests Using Optimal Bandwidth Estimates." Economics Letters 51 (1996), 131-37.
    • (1996) Economics Letters , vol.51 , pp. 131-137
    • Lee, J.1
  • 16
    • 0031068989 scopus 로고    scopus 로고
    • Multi-country evidence on the behavior of purchasing power parity under the current float
    • Lothian, James R. "Multi-Country Evidence on the Behavior of Purchasing Power Parity under the Current Float." Journal of International Money and Finance 16 (1997), 19-35.
    • (1997) Journal of International Money and Finance , vol.16 , pp. 19-35
    • Lothian, J.R.1
  • 17
    • 0032545902 scopus 로고    scopus 로고
    • Some new stylized facts of floating exchange rates
    • _ . "Some New Stylized Facts of Floating Exchange Rates." Journal of International Money and Finance 17 (1998), 29-39.
    • (1998) Journal of International Money and Finance , vol.17 , pp. 29-39
  • 18
    • 0030480824 scopus 로고    scopus 로고
    • Real exchange rate behavior: The recent float from the perspective of the past two centuries
    • Lothian, James R., and Mark P. Taylor. "Real Exchange Rate Behavior: The Recent Float from the Perspective of the Past Two Centuries." Journal of Political Economy 104 (1996), 488-510.
    • (1996) Journal of Political Economy , vol.104 , pp. 488-510
    • Lothian, J.R.1    Taylor, M.P.2
  • 19
    • 0030305869 scopus 로고    scopus 로고
    • Panel unit root tests and real exchange rates
    • MacDonald, Ronald. "Panel Unit Root Tests and Real Exchange Rates." Economic Letters 50 (1996), 7-11.
    • (1996) Economic Letters , vol.50 , pp. 7-11
    • MacDonald, R.1
  • 20
    • 0034395571 scopus 로고    scopus 로고
    • Tests of common stochastic trends
    • Nyblom, Jukka, and Andrew Harvey. "Tests of Common Stochastic Trends." Econometric Theory 16 (2000), 176-99.
    • (2000) Econometric Theory , vol.16 , pp. 176-199
    • Nyblom, J.1    Harvey, A.2
  • 22
    • 0030163302 scopus 로고    scopus 로고
    • Purchasing power parity and unit root tests using panel data
    • Oh, Keun-Yeob. "Purchasing Power Parity and Unit Root Tests Using Panel Data." Journal of International Money and Finance 15 (1996), 405-18.
    • (1996) Journal of International Money and Finance , vol.15 , pp. 405-418
    • Oh, K.-Y.1
  • 23
    • 0032545906 scopus 로고    scopus 로고
    • Increasing evidence of purchasing power parity over the current float
    • Papell, David H., and Hristos Theodoridis. "Increasing Evidence of Purchasing Power Parity over the Current Float." Journal of International Money and Finance 17 (1998), 41-50.
    • (1998) Journal of International Money and Finance , vol.17 , pp. 41-50
    • Papell, D.H.1    Theodoridis, H.2
  • 24
    • 0032346856 scopus 로고    scopus 로고
    • An autoregressive spectral density estimator at frequency zero for nonstationary tests
    • Perron, Pierre, and Serena Ng. "An Autoregressive Spectral Density Estimator at Frequency Zero for Nonstationary Tests." Econometric Theory 14 (1998), 560-603.
    • (1998) Econometric Theory , vol.14 , pp. 560-603
    • Perron, P.1    Ng, S.2
  • 25
    • 0000786475 scopus 로고    scopus 로고
    • The purchasing power parity puzzle
    • Rogoff, Kenneth. "The Purchasing Power Parity Puzzle." Journal of Economic Literature 34 (1996), 647-68.
    • (1996) Journal of Economic Literature , vol.34 , pp. 647-668
    • Rogoff, K.1
  • 26
    • 0001165719 scopus 로고
    • The uncertain unit root in real GNP
    • Rudebusch, Glenn D. "The Uncertain Unit Root in Real GNP" American Economic Review 83 (1993), 264-71.
    • (1993) American Economic Review , vol.83 , pp. 264-271
    • Rudebusch, G.D.1
  • 27
    • 14344281401 scopus 로고
    • Testing the random walk hypothesis: Power versus frequency of observation
    • Shiller, Robert J., and Pierre Perron. "Testing the Random Walk Hypothesis: Power versus Frequency of Observation." Economics Letters 18 (1985), 381-86.
    • (1985) Economics Letters , vol.18 , pp. 381-386
    • Shiller, R.J.1    Perron, P.2
  • 28
    • 0032462524 scopus 로고    scopus 로고
    • The behaviour of real exchange rates during the post-bretton woods period
    • Taylor, Mark P., and Lucio Sarno. "The Behaviour of Real Exchange Rates during the Post-Bretton Woods Period." Journal of International Economics 46 (1998), 281-312.
    • (1998) Journal of International Economics , vol.46 , pp. 281-312
    • Taylor, M.P.1    Sarno, L.2
  • 30
    • 0030534750 scopus 로고    scopus 로고
    • Are real exchange rates nonstationary? evidence from a panel-data test
    • February
    • Wu, Yangru. "Are Real Exchange Rates Nonstationary? Evidence from a Panel-Data Test." Journal of Money, Credit, and Banking 28 (February 1996), 54-63.
    • (1996) Journal of Money, Credit, and Banking , vol.28 , pp. 54-63
    • Wu, Y.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.