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On the stationarity of Japanese-yen based purchasing power parity in the presence of the structural breaks

Kozuka, Masafumi - In: Economics Bulletin 30 (2010) 1, pp. 1-9

constant, linear trend and structural breaks. However, relative PPP is not upheld with China (Mainland). …

Persistent link: https://www.econbiz.de/10008562956

Modelling the Real Exchange Rate: A new Sequential Approach

Chaouachi, Slim; Ftiti, Zied; Teulon, Frédèric - Institut de Préparation à l'Administration et à la … - 2014

The aim of this work is to propose a new sequential strategy-three steps testing procedure- based on recently introduced econometric techniques, in order to assess the meanreverting properties of the real exchange rate and to check whether real exchange r

Persistent link: https://www.econbiz.de/10010784868

On the evolution of competitiveness in Central and Eastern Europe : is it broken?

Coleman, Simeon; Cuestas, Juan Carlos - In: International journal of finance & economics : IJFE 29 (2024) 3, pp. 2911-2926

Persistent link: https://www.econbiz.de/10014635213

On the stationarity of Japanese-yen based purchasing power parity in the presence of the structural breaks

Kozuka, Masafumi - In: Economics Bulletin 30 (2010) 1, pp. 1-9

constant, linear trend and structural breaks. However, relative PPP is not upheld with China (Mainland). …

Persistent link: https://www.econbiz.de/10008476262

Testing Purchasing Power Parity in Transition Countries: Evidence from Structural Breaks

Acaravci, Ali; Ozturk, Ilhan - In: The AMFITEATRU ECONOMIC journal 12 (2010) 27, pp. 190-198

This study examines the validity of the purchasing power parity (PPP) in 8 transition countries for monthly data from … 1992:1 to 2009:1. While results from both the ADF unit root and the KPSS unit root test indicate that PPP does not hold for … breaks, PPP holds only for Bulgaria and Romania it does not hold for the other 6 transition countries. Testing the …

Persistent link: https://www.econbiz.de/10008583308

The persistence of real exchange rates in the Central and Eastern European countries

Baharumshah, Ahmad Zubaidi; Soon, Siew-Voon; Fountas, … - 2014

This paper investigates the mean reversion in real exchange rates for Central and Eastern European countries. In contrast to previous studies, we use the local-persistent model to measure the half-life. We find that the adjustment to purchasing power parity is more rapid after accounting for...

Persistent link: https://www.econbiz.de/10011079227

Mexico's inter-regional inequality : a convergent process?

Mendoza Velázquez, Alfonso; Ventosa-Santaulària, Daniel; … - In: Empirical economics : a journal of the Institute for … 56 (2019) 5, pp. 1683-1705

Persistent link: https://www.econbiz.de/10012052217

Infrastructure and productivity in Latin America: is there a relationship in the long run?

Teles, Vladimir Kühl; Mussolini, Caio Cesar - In: Journal of Economic Studies 39 (2012) January, pp. 44-62

(TFP) in the four major Latin American economies: Argentina, Brazil, Chile, and Mexico. Design/methodology/approach – The … relationship between infrastructure and economic growth for Argentina, Brazil, Chile, and Mexico between 1950 and 2000, using new …

Persistent link: https://www.econbiz.de/10009421142

From debt crisis to tequila crisis: inflation stationarity through Mexico's turbulent decades

Caporale, Tony; Paxton, Julia - In: Applied Economics Letters 18 (2011) 16, pp. 1609-1612

The volatility of Mexican inflation throughout the 1980s' debt crisis and the 1994 tequila crisis provides an interesting backdrop to test for structural breaks and inflation stationarity in a developing country context. By allowing for multiple breaks, four inflationary regimes are identified...

Persistent link: https://www.econbiz.de/10009278008

Long-run relationship with shifts between Mexican current account revenues and expenditures

Ventosa-santaulària, Daniel; Gómez-zaldívar, Manuel; … - In: Economics Bulletin 33 (2013) 2, pp. 1317-1327

We study whether there is a long-run relationship between Mexican current account (CA) revenues and expenditures. Our results show that evidence in favor of this claim is drawn only when (at least) three structural break levels are allowed. The CA therefore behaves as a broken-mean stationary...

Persistent link: https://www.econbiz.de/10010835852