Akdi, Yilmaz; Ozdemir, Zeynel Abidin; Olgun, Hasan - In: Applied Economics Letters 16 (2009) 1, pp. 99-101
This article applies the model free, seasonality robust periodogram test, and the conventional augmented Dickey-Fuller (ADF) unit root test to the real exchange rates (RER) of the G-7 countries. The empirical results show that the periodogram test rejects the null of unit root for a larger...