for the validity of the monetary exchange rate modelwithin a panel of vector error correction models for three …

investigates the relationship between US dollar denominated government debt and exchange rate movements using unbalanced panel data … co-integration techniques on 87 low and middle income countries over the period 1960 to 2006. Our findings suggests that …

dynamic panel data models. In particular, in our model the long-run relationship between effective exchange rates and domestic …

-area currencies. First, using dynamic panel techniques, we estimate an error correction model for the dollar real exchange rate versus …

This paper takes a panel cointegration approach to the estimation of short- and long-run exchange rate pass … establish. Resorting to novel tests for panel cointegration, we find support for the equilibrium relationship hypothesis …. Exchange rate pass-through elasticities, estimated by two different techniques for cointegrated panel regressions, give insight …

We examine the purchasing power parity (PPP) hypothesis of 10 members of ASEAN. A battery of panel unit root tests is …

annual data from 1980 to 2020 within the framework of the ARDL bound test, Bayer and Hanck Cointegration (BHC) test, and ECM …

Clark and MacDonald (1998) the study uses a cointegration technique, which caters for endogeneity to estimate the …

Appl Econ 22:265-312, 2007). For panel cointegration analysis, we employed the four error-correction-based Westerlund (Oxf … Bull Econ Stat 69:709-748, 2007) panel cointegration tests. The Westerlund (Oxf Bull Econ Stat 69:709-748, 2007) tests are …We used panel data analysis to evaluate the relative purchasing power parity (PPP) hypothesis of the ten ASEAN member …