论文信息 - Panel unit root tests and real exchange rates

Panel unit root tests and real exchange rates

Using two real exchange rate data sets, we implement a new form of unit root test. In particular, we use a panel unit root test to jointly test for a unit root in a group of OECD real exchange rates for the recent floating experience. In contrast to many other unit root tests using a similar data set, we are able to reject the null hypothesis of a unit root.

Ronald MacDonald | R. MacDonald

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