Baharumshah, Ahmad Zubaidi; Soon, Siew-Voon; Boršič, Darja - In: Journal of International Financial Markets, … 25 (2013) C, pp. 163-180
We investigate the validity of real interest parity (RIP) for the 13 Central and Eastern European countries, over the period 1996–2011. We consider a panel stationarity test that allows for multiple breaks advocated by Carrion-i-Silvestre et al. (2005) and confirmed the strong version of RIP....