Non-linear mean reversion of real exchange rates and purchasing power parity: Some evidence from Turkey

Applied Economics Letters

Volumn 12, Issue 11, 2005, Pages 701-704

  Alba, Joseph D ^a   Park, Donghyun ^a  

^a NANYANG TECHNOLOGICAL UNIVERSITY   (Singapore)

Author keywords

[No Author keywords available]

Indexed keywords

EMPIRICAL ANALYSIS; EXCHANGE RATE; MATHEMATICAL ANALYSIS; PURCHASING POWER PARITY;

EASTERN HEMISPHERE; EURASIA; TURKEY; WORLD;

EID: 25144458154     PISSN: 13504851     EISSN: None     Source Type: Journal    
DOI: 10.1080/13504850500188133     Document Type: Article

References (9)

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3. Caner, M. and Hansen, B. (2001) Threshold autoregression with a unit root, Econometrica, 69, 1555-96.
4. Sarno, L. (2000) Real exchange rate behavior in high inflation countries: empirical evidence from Turkey, 1980-1997, Applied Economics Letters, 7, 285-91.
5. Sarno, L. and Taylor, M. (2002) Purchasing power parity and the real exchange rate, IMF Staff Papers, 49, 65-105.
6. Taylor, M. (2003) Purchasing power parity, Review of International Economics, 11, 436-52.
7. Telatar, E. and Kazdagli, H. (1998) Re-examine the long-run purchasing power parity hypothesis for a high inflation country: the case of Turkey, 1980-93, Applied Economics Letters, 5, 51-3.
8. Tong, H. (1978) On a threshold model, in Pattern Recognition and Signal Processing (Ed.) C. Chen, Sijhoff and Noordhoff, Amsterdam.
9. Yazgan, M. (2003) The purchasing power parity hypothesis for a high inflation country: a re-examination of the case of Turkey, Applied Economics Letters, 10, 143-7.