109
Views
0
CrossRef citations to date
0
Altmetric
Original Articles

Are Asian-Pacific real exchange rates (trend) stationary?

&
Pages 1531-1535 | Published online: 28 Mar 2011

References

  • Abuaf , N. and Jorion , P. 1990 . Purchasing power parity in the long run . Journal of Finance , 45 : 157 – 74 .
  • Amara , J. and Papell , D. H. 2006 . Testing for purchasing power parity using stationary covariates . Applied Financial Economics , 16 : 29 – 39 .
  • Aparicio , F. , Escribano , A. and Garcia , A. E. A range unit root test . Working Paper No. 04‐11 . Madrid. University Carlos III of Madrid .
  • Aparicio , F. , Escribano , A. and Sipols , A. E. 2006 . Range unit-root (RUR) tests: robust against nonlinearities, error distributions, structural breaks and outliers . Journal of Time Series Analysis , 27 : 545 – 76 .
  • Cook , S. 2008 . The sensitivity of robust unit root tests . Journal of Applied Statistics , 35 : 547 – 57 .
  • Elliott , G. and Pesavento , E. 2006 . On the failure of purchasing power parity for bilateral exchange rates after 1973 . Journal of Money, Credit and Banking , 38 : 1405 – 30 .
  • Hegwood , N. D. and Papell , D. H. 1998 . Quasi purchasing power parity . International Journal of Finance & Economics , 3 : 279 – 89 .
  • Kapetanios , G. , Shin , Y. and Snell , A. 2003 . Testing for a unit root in the nonlinear STAR framework . Journal of Econometrics , 112 : 359 – 79 .
  • Liew , V. K. , Baharumshah , A. Z. and Chong , T. T. 2004 . Are Asian real exchange rates stationary? . Economics Letters , 83 : 313 – 6 .
  • Lothian , J. R. and Taylor , M. P. 1996 . Real exchange rate behavior: the recent float from the perspective of the past two centuries . Journal of Political Economy , 104 : 488 – 509 .
  • O'Connell , P. G. J. 1998 . The overvaluation of purchasing power parity . Journal of International Economics , 44 : 1 – 19 .
  • Papell , D. H. and Theodoridis , H. 2001 . The choice of numeraire currency in panel tests of purchasing power parity . Journal of Money, Credit and Banking , 33 : 790 – 803 .
  • Sarno , L. 2005 . Viewpoint: towards a solution to the puzzles in exchange rate economics: Where do we stand? . Canadian Journal of Economics , 38 : 673 – 708 .
  • Taylor , A. M. 2002 . A century of purchasing-power parity . Review of Economics and Statistics , 84 : 139 – 50 .
  • Taylor , M. P. and Sarno , L. 1998 . The behavior of real exchange rates during the post-Bretton Woods period . Journal of International Economics , 46 : 281 – 312 .
  • Zhou , S. 2008 . Stationarity of Asian-Pacific real exchange rates . Economics Letters , 98 : 16 – 22 .

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.