PPP in OECD Countries: An Analysis of Real Exchange Rate Stationarity, Cross-Sectional Dependency and Structural Breaks

The stationarity of OECD real exchange rates over the period 1972-2008 is tested using a panel of 26 member countries. The methodology followed stems from the need to meet several key concerns: (i) the identification of which panel members are stationary; (ii) the presence of cross-sectional depende...

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Autores:

Tipo de recurso:

Fecha de publicación:

2012

Institución:

Universidad del Rosario

Repositorio:

Repositorio EdocUR - U. Rosario

Idioma:

eng

OAI Identifier:

oai:repository.urosario.edu.co:10336/22729

Acceso en línea:

https://doi.org/10.1007/s11079-011-9234-0
https://repository.urosario.edu.co/handle/10336/22729

Palabra clave:

Oecd
Purchasing power parity
Real exchange rate
Time series analysis
Heterogeneous dynamic panels
Mean reversion
Panel stationarity test
Purchasing power parity

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