| Yazarlar |
Doç. Dr. Hüseyin Levent KORAP
Kastamonu Üniversitesi, Türkiye |
| Özet |
| In our article we employ some contemporaneous panel unit root tests (Maddala and Wu, 1999; Im et al., 2003) to examine whether the real exchange rates are mean reverting. Considering a panel of 26 OECD countries from 1987 to 2006 both using monthly and quarterly observations, we find that assuming a panel framework significantly increases the power of unit root tests. As a result, we find that the nonstationarity of the real exchange rate has strongly been rejected in favour of giving support to the purchasing power parity. |
| Anahtar Kelimeler |
| Makale Türü | Özgün Makale |
| Makale Alt Türü | SSCI, AHCI, SCI, SCI-Exp dergilerinde yayımlanan tam makale |
| Dergi Adı | APPLIED ECONOMICS LETTERS |
| Dergi ISSN | 1350-4851 |
| Dergi Tarandığı Indeksler | SSCI |
| Makale Dili | İngilizce |
| Basım Tarihi | 01-2009 |
| Cilt No | 16 |
| Sayı | 1 |
| Sayfalar | 23 / 27 |
| Doi Numarası | 10.1080/13504850701735773 |
| Makale Linki | https://www.tandfonline.com/doi/full/10.1080/13504850701735773 |
| Atıf Sayıları | |
| WoS | 5 |
| SCOPUS | 6 |
| Google Scholar | 25 |
