Persistence of real exchange rates in the Central and Eastern European countries

Persistence of real exchange rates in the Central and Eastern European countries

We investigate the mean reversion in real exchange rates for Central and Eastern European countries. We use point and confidence interval estimates from the Phillips et al.’s (2001) local-persistent model as our preferred measures of the persistence of real exchange rates. We find that the adjustmen...

תיאור מלא

מידע ביבליוגרפי
Main Authors: Ahmad Zubaidi Baharumshah, Siew-Voon Soon, Stilianos Fountas, Nurul Sima Mohamad Shariff
פורמט: Article
שפה:English
יצא לאור: Vilnius Gediminas Technical University 2016-06-01
סדרה:Journal of Business Economics and Management
נושאים:
half-lives
local persistence
structural breaks
real exchange rate
PPP puzzle
transition economies
גישה מקוונת:https://journals.vgtu.lt/index.php/JBEM/article/view/2244

אינטרנט

https://journals.vgtu.lt/index.php/JBEM/article/view/2244

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