메뉴 건너뛰기




Volumn 38, Issue 5, 2006, Pages 1329-1349

Additional evidence of long-run purchasing power parity with restricted structural change

Author keywords

Purchasing power parity; Structural change; Unit root tests

Indexed keywords


EID: 33747049830     PISSN: 00222879     EISSN: None     Source Type: Journal    
DOI: 10.1353/mcb.2006.0073     Document Type: Article
Times cited : (67)

References (27)
  • 1
    • 84977737410 scopus 로고
    • Purchasing power parity in the long run
    • Abuaf, Niso, and Philippe Jorion (1990). "Purchasing Power Parity in the Long Run." The Journal of Finance 45, 157-174.
    • (1990) The Journal of Finance , vol.45 , pp. 157-174
    • Abuaf, N.1    Jorion, P.2
  • 2
    • 84982677739 scopus 로고
    • The Balassa-Samuelson model: A general equilibrium appraisal
    • Asea, Patrick K., and Enrique G. Mendoza (1994). "The Balassa-Samuelson Model: A General Equilibrium Appraisal." Review of International Economics 2, 244-267.
    • (1994) Review of International Economics , vol.2 , pp. 244-267
    • Asea, P.K.1    Mendoza, E.G.2
  • 3
    • 0001399205 scopus 로고
    • The purchasing parity power doctrine: A reappraisal
    • Balassa, Bela (1964). "The Purchasing Parity Power Doctrine: a Reappraisal." The Journal of Political Economy 72, 584-596.
    • (1964) The Journal of Political Economy , vol.72 , pp. 584-596
    • Balassa, B.1
  • 4
    • 0001397560 scopus 로고
    • Pitfalls and opportunities: What macroeconomists should know about unit roots
    • Campbell, John, and Pierre Perron (1991). "Pitfalls and Opportunities: What Macroeconomists Should Know about Unit Roots." NBER Macroeconomics Annual 141-201.
    • (1991) NBER Macroeconomics Annual , pp. 141-201
    • Campbell, J.1    Perron, P.2
  • 5
    • 0033067796 scopus 로고    scopus 로고
    • Relative labor productivity and the real exchange rate in the long run: Evidence for a panel of OECD countries
    • Canzoneri, Matthew B., Robert E. Cumby, and Behzad, Diba (1999). "Relative Labor Productivity and the Real Exchange Rate in the Long Run: Evidence for a Panel of OECD Countries." Journal of International Economics 47, 245-266.
    • (1999) Journal of International Economics , vol.47 , pp. 245-266
    • Canzoneri, M.B.1    Cumby, R.E.2    Behzad, D.3
  • 6
    • 0000832141 scopus 로고
    • Abnormal deviations in international exchanges
    • Cassel, Gustav (1918). "Abnormal Deviations in International Exchanges." The Economic Journal 28, 413-415.
    • (1918) The Economic Journal , vol.28 , pp. 413-415
    • Cassel, G.1
  • 8
    • 0030356207 scopus 로고    scopus 로고
    • Efficient tests for an autoregressive unit root
    • Elliott, Graham, Thomas J. Rothenberg, and James H. Stock (1996). "Efficient Tests for an Autoregressive Unit Root." Econometrica 64, 813-836.
    • (1996) Econometrica , vol.64 , pp. 813-836
    • Elliott, G.1    Rothenberg, T.J.2    Stock, J.H.3
  • 9
    • 0242282278 scopus 로고    scopus 로고
    • Terms-of-trade effects, interdependence and cross-country differences in price levels
    • University of California Santa Cruz
    • Fitzgerald, Doireann (2003). "Terms-of-Trade Effects, Interdependence and Cross-Country Differences in Price Levels." Working Paper, University of California Santa Cruz.
    • (2003) Working Paper
    • Fitzgerald, D.1
  • 11
    • 18144430623 scopus 로고    scopus 로고
    • State of the art unit root tests and purchasing power parity
    • Lopez, Claude, Christian J. Murray, and David H. Papell (2005). "State of the Art Unit Root Tests and Purchasing Power Parity." Journal of Money, Credit, and Banking 37, 361-369.
    • (2005) Journal of Money, Credit, and Banking , vol.37 , pp. 361-369
    • Lopez, C.1    Murray, C.J.2    Papell, D.H.3
  • 12
    • 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 (1996). "Real Exchange Rate Behavior: The Recent Float from the Perspective of the Past Two Centuries." Journal of Political Economy 104, 488-509.
    • (1996) Journal of Political Economy , vol.104 , pp. 488-509
    • Lothian, J.R.1    Taylor, M.P.2
  • 14
  • 15
    • 21844518679 scopus 로고
    • Unit root tests in ARMA models with data dependent methods for the selection of the truncation lag
    • Ng, Serena, and Pierre Perron (1995). "Unit Root Tests in ARMA Models with Data Dependent Methods for the Selection of the Truncation Lag." Journal of the American Statistical Association 90, 268-281.
    • (1995) Journal of the American Statistical Association , vol.90 , pp. 268-281
    • Ng, S.1    Perron, P.2
  • 16
    • 0000387132 scopus 로고    scopus 로고
    • Lag length selection and the construction of unit root tests with good size and power
    • Ng, Serena, and Pierre Perron (2001). "Lag Length Selection and the Construction of Unit Root Tests with Good Size and Power." Econometrica 69, 1519-1554.
    • (2001) Econometrica , vol.69 , pp. 1519-1554
    • Ng, S.1    Perron, P.2
  • 18
    • 0036272619 scopus 로고    scopus 로고
    • The great appreciation, the great depreciation and the purchasing power parity hypothesis
    • Papell, David H. (2002) "The Great Appreciation, the Great Depreciation and the Purchasing Power Parity Hypothesis." Journal of International Economics 57, 51-82.
    • (2002) Journal of International Economics , vol.57 , pp. 51-82
    • Papell, D.H.1
  • 19
    • 0001561726 scopus 로고    scopus 로고
    • Further evidence on breaking trend functions in macroeconomic variables
    • Perron, Pierre (1997). "Further Evidence on Breaking Trend Functions in Macroeconomic Variables." Journal of Econometrics 80, 355-385.
    • (1997) Journal of Econometrics , vol.80 , pp. 355-385
    • Perron, P.1
  • 20
    • 33646790699 scopus 로고
    • Nonstationarity and level shifts with an application to purchasing power parity
    • Perron, Pierre, and Timothy J. Voselgang (1992). "Nonstationarity and Level Shifts with an Application to Purchasing Power Parity." Journal of Business and Economic Statistics 10, 301-320.
    • (1992) Journal of Business and Economic Statistics , vol.10 , pp. 301-320
    • Perron, P.1    Voselgang, T.J.2
  • 21
    • 0000786475 scopus 로고    scopus 로고
    • The purchasing power parity puzzle
    • Rogofif, Kenneth (1996). "The Purchasing Power Parity Puzzle." Journal of Economic Literature 34, 647-668.
    • (1996) Journal of Economic Literature , vol.34 , pp. 647-668
    • Rogofif, K.1
  • 23
    • 0036005230 scopus 로고    scopus 로고
    • A century of purchasing-power parity
    • Taylor, Alan (2002). "A Century of Purchasing-Power Parity." Review of Economics and Statistics 84, 139-150.
    • (2002) Review of Economics and Statistics , vol.84 , pp. 139-150
    • Taylor, A.1
  • 24
    • 85081443238 scopus 로고    scopus 로고
    • Sources of nonmonotonic power when testing for a shift in the trend of a dynamic time series
    • Cornell University
    • Vogelsang, Timothy J. (1997). "Sources of Nonmonotonic Power When Testing for a Shift in the Trend of a Dynamic Time Series." Center for Analytic Economics, Working Paper No. 97-4, Cornell University.
    • (1997) Center for Analytic Economics, Working Paper No. 97-4 , vol.97 , Issue.4
    • Vogelsang, T.J.1
  • 25
    • 0009368151 scopus 로고    scopus 로고
    • Sources of nonmonotonic power when testing for a shift in mean of a dynamic time series
    • Vogelsang, Timothy J. (1999). "Sources of Nonmonotonic Power When Testing for a Shift in Mean of a Dynamic Time Series." Journal of Econometrics 88, 283-299.
    • (1999) Journal of Econometrics , vol.88 , pp. 283-299
    • Vogelsang, T.J.1
  • 26
    • 0347569984 scopus 로고    scopus 로고
    • Additional tests for a unit root allowing for a break in the trend function at an unknown time
    • Vogelsang, Timothy J., and Pierre Perron (1998). "Additional Tests for a Unit Root Allowing for a Break in the Trend Function at an Unknown Time." International Economic Review 39, 1073-1100.
    • (1998) International Economic Review , vol.39 , pp. 1073-1100
    • Vogelsang, T.J.1    Perron, P.2
  • 27
    • 38249038434 scopus 로고
    • A note on the power of least squares tests for a unit root
    • West, Kenneth (1987). "A Note on the Power of Least Squares Tests for a Unit Root." Economics Letters 24, 249-252.
    • (1987) Economics Letters , vol.24 , pp. 249-252
    • West, K.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.