The black market exchange rate vs. the official rate in testing PPP: Which rate fosters the adjustment process?

Economics Letters

Volumn 99, Issue 1, 2008, Pages 40-43

  Bahmani Oskooee, Mohsen ^a   Tankui, Altin ^a  

^a UNIVERSITY OF WISCONSIN MILWAUKEE   (United States)

Author keywords

Adjustment speed; Black market exchange rate; Bounds testing approach; PPP

Indexed keywords

EID: 41049090805     PISSN: 01651765     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.econlet.2007.05.024     Document Type: Article

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