Do real exchange rates in small Central and Eastern European economies obey purchasing power parity?

This study contributes to the purchasing power parity (PPP) literature in two ways. First, in order to circumvent the pitfalls of linear specifications in testing the behaviour of exchange rates, we apply a nonlinear unit root test based on the exponential smooth transition autoregressive model. Sec...

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Bibliographic details
Volume: 11
Main Author: Bekő, Jani
Kavkler, Alenka
Format: Journal Article
Language: English
Place of publication: Inderscience Publishers (IEL) 20190000
published in: International journal of sustainable economy Vol. 11; no. 2; pp. 121 - 140
Data of publication: 20190000
ISSN: 1756-5804
1756-5812
EISSN: 1756-5812
Discipline: Economics
Subjects:
PPP
Online Access: available in Bonn?
Database: Inderscience Journals
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