Are Asian real exchange rates stationary?

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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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Bibliographic Details
Main Authors:	Liew, Venus Khim-Sen, Ahmad Zubaidi, Baharumshah, Chong, Terence Tai-Leung
Format:	Article
Language:	English
Published:	Elsevier B.V. 2004
Subjects:	HB Economic Theory
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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