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Is SADC an optimal currency area? : evidence from the generalized purchasing power parity test
Zerihun, Mulatu Fekadu; Breitenbach, Marthinus C. - In: Economic change and restructuring : empirical and … 51 (2018) 2, pp. 173-188
Persistent link: https://www.econbiz.de/10011980184
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Assessment of Monetary Union in SADC: Evidence from Cointegration and Panel Unit Root Tests
Zerihun, Mulatu F; Breitenbach, Marthinus C; Kemegue, … - Economic Research Southern Africa (ERSA) - 2015
In this paper we investigate the likelihood of a proposed monetary union in the Southern African Development Community (SADC) being successful from the viewpoint of the Generalised Purchasing Power Parity (GPPP) hypothesis and optimum currency area (OCA) theory. We apply Johansen’s...
Persistent link: https://www.econbiz.de/10011165826
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Assessment of Monetary Union in SADC: Evidence from Cointegration and Panel Unit Root Tests
Zehirun, Mulatu F.; Breitenbach, Marthinus C.; Kemegue, … - Department of Economics, Faculty of Economic and … - 2015
In this paper we investigate the likelihood of a proposed monetary union in the Southern African Development Community (SADC) being successful from the viewpoint of the Generalised Purchasing Power Parity (GPPP) hypothesis and optimum currency area (OCA) theory. We apply Johansen’s...
Persistent link: https://www.econbiz.de/10011165590