Is the PPP valid for the EA-11 countries? New evidence from nonlinear unit root tests

In the empirical literature there is a prevalent view that real exchange rates tend to converge towards levels predicted by the Purchasing Power Parity (PPP) only in the long-run and that short-run deviations from the PPP relationship are frequently sizable. The progressing of European monetary inte...

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Bibliographic details
Volume: 29
Main Author: Kavkler, Alenka
Boršič, Darja
Bekő, Jani
Format: Journal Article
Language: English
Place of publication: ABINGDON Routledge 01.01.2016
Taylor and Francis Group i Sveučilište Jurja Dobrile u Puli, Fakultet ekonomije i turizma Dr. Mijo Mirković
published in: Ekonomska istraživanja Vol. 29; no. 1; pp. 612 - 622
Data of publication: 1/1/2016
ISSN: 1331-677X
EISSN: 1848-9664
Discipline: Economics
Bibliography: 171748
Online Access: Fulltext
Database: Taylor & Francis Open Access
Web of Knowledge
Social Sciences Citation Index
Web of Science
Web of Science - Social Sciences Citation Index - 2016
Hrcak: Portal of scientific journals of Croatia
Database information Databases - DBIS