메뉴 건너뛰기




Volumn 28, Issue 4, 2006, Pages 700-719

PPP in the medium run: The case of Norway

Author keywords

Econometric analysis; PPP; Real exchange rate

Indexed keywords


EID: 33751316995     PISSN: 01640704     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.jmacro.2004.09.008     Document Type: Article
Times cited : (11)

References (33)
  • 1
    • 33751326894 scopus 로고    scopus 로고
    • Akram, Q.F., 2003. Real equilibrium exchange rate for Norway. In: Eitrheim, Ø., Gulbrandsen, K. (Eds.), Explaining movements in the Norwegian exchange rate. Norges Bank, Oslo, Occasional Papers No. 32, 4, pp. 53-85.
  • 2
    • 33751337887 scopus 로고    scopus 로고
    • A monetary policy framework for Norway: The options
    • Christiansen A.B., and Qvigstad J.F. (Eds), Scandinavian University Press, Oslo
    • Alexander A.W., Green J.H., and Arnason B. A monetary policy framework for Norway: The options. In: Christiansen A.B., and Qvigstad J.F. (Eds). Choosing a Monetary Policy Target for Norway (1997), Scandinavian University Press, Oslo
    • (1997) Choosing a Monetary Policy Target for Norway
    • Alexander, A.W.1    Green, J.H.2    Arnason, B.3
  • 3
    • 0010016029 scopus 로고
    • Real effective exchange rates and the purchasing power parity: Experience of 19 industrial countries
    • Bahmani-Oskooee M. Real effective exchange rates and the purchasing power parity: Experience of 19 industrial countries. Economic Notes by Banca Monte dei Paschi di Siena SpA 24 2 (1995) 239-250
    • (1995) Economic Notes by Banca Monte dei Paschi di Siena SpA , vol.24 , Issue.2 , pp. 239-250
    • Bahmani-Oskooee, M.1
  • 5
    • 84981689119 scopus 로고
    • The estimation of long run coefficients from error correction models
    • Bårdsen G. The estimation of long run coefficients from error correction models. Oxford Bulletin of Economics and Statistics 51 (1989) 345-350
    • (1989) Oxford Bulletin of Economics and Statistics , vol.51 , pp. 345-350
    • Bårdsen, G.1
  • 7
    • 84981676740 scopus 로고
    • Finite sample sizes of Johansen's likelihood ratio tests for cointegration
    • Cheung Y.W., and Lai K.S. Finite sample sizes of Johansen's likelihood ratio tests for cointegration. Oxford Bulletin of Economics and Statistics 55 (1993) 313-328
    • (1993) Oxford Bulletin of Economics and Statistics , vol.55 , pp. 313-328
    • Cheung, Y.W.1    Lai, K.S.2
  • 8
    • 0033998054 scopus 로고    scopus 로고
    • On cross-country differences in the persistence of real exchange rates
    • Cheung Y.W., and Lai K.S. On cross-country differences in the persistence of real exchange rates. Journal of International Economics 50 (2000) 375-397
    • (2000) Journal of International Economics , vol.50 , pp. 375-397
    • Cheung, Y.W.1    Lai, K.S.2
  • 10
    • 33751309466 scopus 로고    scopus 로고
    • Cheung, Y.W., Lai, K.S., Bergman, M., 2002. Dissecting the PPP puzzle: The unconventional roles of nominal exchange rate and price adjustments. Working Paper 924, CESifo.
  • 11
    • 33751333999 scopus 로고    scopus 로고
    • Chortareas, G.E., Driver, R.L., 2001. PPP and the real exchange rate-real interest differential puzzle revisited: Evidence from non-stationary panel data. Working Paper 138, Bank of England.
  • 12
    • 0002056085 scopus 로고
    • Booming sector and Dutch Disease economics: Survey and consolidations
    • Corden W.M. Booming sector and Dutch Disease economics: Survey and consolidations. Oxford Economic Papers 36 (1984) 359-380
    • (1984) Oxford Economic Papers , vol.36 , pp. 359-380
    • Corden, W.M.1
  • 15
    • 33751321490 scopus 로고    scopus 로고
    • Engel, C., Morley, J.C., 2001. The adjustment of prices and the adjustment of the exchange rate. Working Paper 8550, NBER, USA.
  • 19
    • 33646390473 scopus 로고    scopus 로고
    • Testing for purchasing power parities and interest rate parities on Norwegian data
    • Hickman G.B., and Lawrence K. (Eds), World Scientific Publishing Co. Pte. Ltd., Singapore
    • Jore A.S., Skjerpen T., and Swensen A.R. Testing for purchasing power parities and interest rate parities on Norwegian data. In: Hickman G.B., and Lawrence K. (Eds). LINK-Proceedings 1991-1992 vol. I (1998), World Scientific Publishing Co. Pte. Ltd., Singapore 60-84
    • (1998) LINK-Proceedings 1991-1992 , vol.I , pp. 60-84
    • Jore, A.S.1    Skjerpen, T.2    Swensen, A.R.3
  • 20
    • 34247480179 scopus 로고
    • Testing the null hypothesis of stationarity against the alternative of a unit root: How sure are we that economic series have a unit root?
    • Kwiatkowski D., Phillips P.C.B., Schmidt P., and Shin Y. Testing the null hypothesis of stationarity against the alternative of a unit root: How sure are we that economic series have a unit root?. Journal of Econometrics 54 (1992) 159-178
    • (1992) Journal of Econometrics , vol.54 , pp. 159-178
    • Kwiatkowski, D.1    Phillips, P.C.B.2    Schmidt, P.3    Shin, Y.4
  • 22
    • 0001703353 scopus 로고
    • Long run exchange rate modelling: A survey of recent evidence
    • MacDonald R. Long run exchange rate modelling: A survey of recent evidence. IMF Staff Papers 42 3 (1995) 437-486
    • (1995) IMF Staff Papers , vol.42 , Issue.3 , pp. 437-486
    • MacDonald, R.1
  • 23
    • 0042273578 scopus 로고
    • Nominal exchange rate regimes and the behaviour of real exchange rates: Evidence and implications
    • Mussa M. Nominal exchange rate regimes and the behaviour of real exchange rates: Evidence and implications. Carnegie Rochester Conference Series on Public Policy 25 (1986) 117-214
    • (1986) Carnegie Rochester Conference Series on Public Policy , vol.25 , pp. 117-214
    • Mussa, M.1
  • 24
    • 33751343301 scopus 로고    scopus 로고
    • Norges Bank, 1987. Exchange rate and intervention policy. In: Norwegian Foreign Exchange Policy. Norges Banks Skriftserie/Occasional Papers, 16.
  • 25
    • 84986409279 scopus 로고
    • A small linear model of wage and price-inflation in the Norwegian economy
    • Nymoen R. A small linear model of wage and price-inflation in the Norwegian economy. Journal of Applied Econometrics 6 (1991) 255-269
    • (1991) Journal of Applied Econometrics , vol.6 , pp. 255-269
    • Nymoen, R.1
  • 26
    • 0010130401 scopus 로고    scopus 로고
    • Searching for stationarity: Purchasing power parity under the current float
    • Papell D.H. Searching for stationarity: Purchasing power parity under the current float. Journal of International Economics 43 (1997) 313-332
    • (1997) Journal of International Economics , vol.43 , pp. 313-332
    • Papell, D.H.1
  • 27
    • 84986408996 scopus 로고
    • Purchasing power parity as a long run relation
    • Patel J. Purchasing power parity as a long run relation. Journal of Applied Econometrics 4 (1990) 367-379
    • (1990) Journal of Applied Econometrics , vol.4 , pp. 367-379
    • Patel, J.1
  • 28
    • 0000786475 scopus 로고    scopus 로고
    • The purchasing power parity puzzle
    • Rogoff K. The purchasing power parity puzzle. Journal of Economic Literature 34 (1996) 647-668
    • (1996) Journal of Economic Literature , vol.34 , pp. 647-668
    • Rogoff, K.1
  • 29
    • 0002028420 scopus 로고    scopus 로고
    • Purchasing power parity and the real exchange rate
    • Sarno L., and Taylor M.P. Purchasing power parity and the real exchange rate. IMF Staff Papers 49 1 (2002) 65-105
    • (2002) IMF Staff Papers , vol.49 , Issue.1 , pp. 65-105
    • Sarno, L.1    Taylor, M.P.2
  • 30
    • 33751312715 scopus 로고    scopus 로고
    • Statistics Norway, 2003. Oil and Gas Activity: Statistics and Analysis.
  • 31
    • 0001436323 scopus 로고    scopus 로고
    • Potential pitfalls for the purchasing power-parity puzzle? Sampling and specification biases in mean-reversion tests of the law of one price
    • Taylor A.P. Potential pitfalls for the purchasing power-parity puzzle? Sampling and specification biases in mean-reversion tests of the law of one price. Econometrica 69 (2001) 473-498
    • (2001) Econometrica , vol.69 , pp. 473-498
    • Taylor, A.P.1
  • 32
    • 0036005230 scopus 로고    scopus 로고
    • A century of purchasing-power parity
    • Taylor A.P. A century of purchasing-power parity. Review of Economics and Statistics 84 1 (2002) 139-150
    • (2002) Review of Economics and Statistics , vol.84 , Issue.1 , pp. 139-150
    • Taylor, A.P.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.