Advanced search
Publication Cover
Applied Economics Letters Volume 16, 2009 - Issue 1: Special Theme: Long-run purchasing power parity and real exchange rates
Submit an article Journal homepage
79
Views
4
CrossRef citations to date
0
Altmetric
Original Articles

Purchasing power parity and nonlinear adjustment

J. V. Pérez-Rodríguez Universidad de Las Palmas de Gran Canaria, Correspondence[email protected]
,
F. Ledesma-Rodríguez Universidad de la Laguna,
&
S. Torra-Porras Universidad de Barcelona,
Pages 35-38 | Published online: 16 Jan 2009
 
Sample our Economics, Finance,Business & Industry journals, sign in here to start your access, latest two full volumes FREE to you for 14 days

Abstract

In this article we study the out-of-sample real exchange rate forecasts of an Artificial Neural Network model, an AR model and a random walk model. The results confirm the relevance of nonlinear adjustment in the dynamics of the real exchange rate.

Acknowledgement

Financial support from Ministerio de Educación y Ciencia (Project SEJ-2005 09094/ECON) is gratefully acknowledged.

Log in via your institution

Access through your institution

Log in to Taylor & Francis Online

Restore content access

Restore content access for purchases made as guest
Purchase options * Save for later

PDF download + Online access

  • 48 hours access to article PDF & online version
  • Article PDF can be downloaded
  • Article PDF can be printed
USD 53.00 Add to cart

Issue Purchase

  • 30 days online access to complete issue
  • Article PDFs can be downloaded
  • Article PDFs can be printed
USD 205.00 Add to cart

* Local tax will be added as applicable

Related Research

People also read lists articles that other readers of this article have read.

Recommended articles lists articles that we recommend and is powered by our AI driven recommendation engine.

Cited by lists all citing articles based on Crossref citations.
Articles with the Crossref icon will open in a new tab.