Are Asian real exchange rates stationary?

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 augment...

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Main Authors: Liew, Venus Khim-Sen, Ahmad Zubaidi, Baharumshah, Chong, Terence Tai-Leung
Format: Article
Language:English
Published: Elsevier B.V. 2004
Subjects:
Online Access:http://ir.unimas.my/id/eprint/18639/
http://ir.unimas.my/id/eprint/18639/7/Are%20Asian%20real%20exchange%20rates%20stationary%20%28abstract%29.pdf
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author Liew, Venus Khim-Sen
Ahmad Zubaidi, Baharumshah
Chong, Terence Tai-Leung
author_facet Liew, Venus Khim-Sen
Ahmad Zubaidi, Baharumshah
Chong, Terence Tai-Leung
author_sort Liew, Venus Khim-Sen
building UNIMAS Institutional Repository
collection Online Access
description 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.
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spelling unimas-186392017-11-21T01:10:19Z http://ir.unimas.my/id/eprint/18639/ Are Asian real exchange rates stationary? Liew, Venus Khim-Sen Ahmad Zubaidi, Baharumshah Chong, Terence Tai-Leung HB Economic Theory 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. Elsevier B.V. 2004 Article PeerReviewed text en http://ir.unimas.my/id/eprint/18639/7/Are%20Asian%20real%20exchange%20rates%20stationary%20%28abstract%29.pdf 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 https://doi.org/10.1016/j.econlet.2003.10.021 doi:10.1016/j.econlet.2003.10.021
spellingShingle HB Economic Theory
Liew, Venus Khim-Sen
Ahmad Zubaidi, Baharumshah
Chong, Terence Tai-Leung
Are Asian real exchange rates stationary?
title Are Asian real exchange rates stationary?
title_full Are Asian real exchange rates stationary?
title_fullStr Are Asian real exchange rates stationary?
title_full_unstemmed Are Asian real exchange rates stationary?
title_short Are Asian real exchange rates stationary?
title_sort are asian real exchange rates stationary?
topic HB Economic Theory
url http://ir.unimas.my/id/eprint/18639/
http://ir.unimas.my/id/eprint/18639/
http://ir.unimas.my/id/eprint/18639/
http://ir.unimas.my/id/eprint/18639/7/Are%20Asian%20real%20exchange%20rates%20stationary%20%28abstract%29.pdf