Real exchange rates and structural breaks: Evidence for the Spanish peseta

Applied Economics Letters

Volumn 6, Issue 6, 1999, Pages 349-352

  Montañés, Antonio ^a   Clemente, Jesús ^a  

^a UNIVERSITY OF ZARAGOZA   (Spain)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 0040960213     PISSN: 13504851     EISSN: None     Source Type: Journal    
DOI: 10.1080/135048599353050     Document Type: Article

References (8)

1. Clemente, J., Montañés, A. and Reyes, M. (1997) Testing for a unit root in variable with two changes in the mean, Working Paper, University of Zaragoza.
2. Dropsy, V. (1996) Real exchange rates and structural breaks, Applied Economics, 28, 209-19.
3. Edison, H., Gagnon, J.E. and Melick, W.R. (1997) Understanding the empirical literature on purchasing power parity: the post-Bretton Woods era, Journal of International Money and Finance, 16, 1-17.
4. Froot, K.A. and Rogoff, K. (1995) Perspectives on PPP and long-run exchange rates, in Handbook of International Economics (Eds) G. Grossman and K. Rogoff, Elsevier, Amsterdam, pp. 1647-88
5. Montañés, A. and Reyes, M. (1997) The asymptotic behaviour of the Dickey-Fuller unit root tests in breaking trend variables, Econometric Theory (forthcoming).
6. Perron, P. (1989) The Great Crash, the oil shock and the unit root hypothesis, Econometrica, 57, 1361-402.
7. Perron, P. (1990) Testing for a unit root in time series with a changing mean, Journal of Business and Economic Statistics, 8, 153-62.
8. Perron, P. and Vogelsang, T. (1992) Nonstationary and level shift with an application to the purchasing power parity, Journal of Business and Economic Statistics, 10, 301-20.