Liew, Venus Khim-Sen and Ahmad Zubaidi, Baharumshah and Chong, Terence Tai-Leung (2004) Are Asian real exchange rates stationary? Economics Letters, 83. pp. 313-316. ISSN 0165-1765
|
PDF
Are Asian real exchange rates stationary (abstract).pdf Download (49kB) | Preview |
Official URL: https://doi.org/10.1016/j.econlet.2003.10.021
Abstract
By applying the newly developed nonlinear stationary test advanced by Kapetanios et al. [Journal of Econometrics 112 (2003) 359] in examining the stationary property of 11 Asian real exchange rates, this paper rejects unit root in 8 US dollar-based and 6 Japanese yen-based rates, whereas the augmented Dickey–Fuller (ADF) test has led to no rejection at all. D 2004 Elsevier B.V. All rights reserved.
| Item Type: | Article |
|---|---|
| Uncontrolled Keywords: | Real exchange rates, Asia, Mean reversion, Nonlinear stationary test, ADF test, unimas, university, universiti, Borneo, Malaysia, Sarawak, Kuching, Samarahan, ipta, education, research, Universiti Malaysia Sarawak |
| Subjects: | H Social Sciences > HB Economic Theory |
| Divisions: | Academic Faculties, Institutes and Centres > Faculty of Economics and Business Faculties, Institutes, Centres > Faculty of Economics and Business |
| Depositing User: | Ab Rahim |
| Date Deposited: | 21 Nov 2017 01:10 |
| Last Modified: | 21 Nov 2017 01:10 |
| URI: | http://ir.unimas.my/id/eprint/18639 |
Actions (For repository members only: login required)
 |
View Item |
