Lee, Cheng-Feng; Tsong, Ching-Chuan - In: Applied Economics 44 (2012) 24, pp. 3089-3099
A set of unit root tests are applied to test the existence of long-run real interest rate parity among the G-10 countries over the period 1971M1 to 2007M2. Rather than trusting the asymptotic distributions, this article uses simulation techniques to establish the small sample distributions of...